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Sun Hongbin: Investing LeEco Is Failure, Willing to Resell at Discount
At the press conference, Sun Hongbin, Chairman of SUNAC (01918.HK)  +0.400 (+1.338%)    Short selling $76.42M; Ratio 8.215%   , admitted investing LeEco is a failure, but said he does not regret that because everything is either win or loss.

Asked whether he will consider investing LeEco with his own money or resale of the company, Sun said he gets no idle money but he is willing to sell to anybody at 10% discount.

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