HK's Coolpad says major shareholder sells stake for $103 million

HONG KONG (Reuters) - Chinese smartphone maker Coolpad Group, part of the cash-strapped LeEco technology conglomerate, said top shareholder Leview Mobile HK Limited had sold HK$807.7 million ($103 million) shares, reducing its stake to 10.95 percent from 28.78 percent.


from Reuters: Technology News http://ift.tt/2CsWCWF

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