LeTV limit down again on February 2, the stock reported 6.61 yuan this is the music video resume trading since the limit of 8 consecutive days limit. LeTV currently the latest market capitalization of 26.3 billion yuan, compared with the suspension of 612 billion yuan compared to music Watch Resumption of eight days, the market value has evaporated 34.9 billion yuan.
Recently, media reports said that LeTV employee stock ownership plan through the 'Trust Trust and Moion 144 Collection Fund Trust Plan' 1: 1 loan of 255 million yuan, totaling 510 million yuan holdings of music stocks, of which 255 million yuan priority Level shares subscribed by Shanghai Pudong Development Bank.During the recent days of plunge, resulting in the employee stock ownership plan corresponding market value plunged from 340 million yuan before resumption of trading to 160 million yuan, has been significantly lower than the loan.
For instance, Shanghai Pudong Development Bank responded that the risk exposure has drastically decreased after a preliminary effort to protect the related financial institutions.