Bloomberg LeEco is trying to resolve a dispute with one of China’s largest banks over unpaid interest on debt, a spat that’s prompted a Shanghai court to freeze 1.24 billion yuan ($182 million) of assets held by the tech conglomerate and its billionaire founder Jia Yueting. The ailing firm’s disagreement with China Merchants Bank Co. arose over loans to a ...

Bloomberg China is stepping up its scrutiny of online and mobile games, as the leading government-owned newspaper blasted Tencent Holdings Ltd.’s top-grossing Honour of Kings for harming children in the pursuit of profit. The People’s Daily criticized Tencent’s most profitable smartphone title in an editorial, citing it as an example of how addictive games spread “negative energy” and have even ...

Bloomberg Chinese construction contractor New Headline Holdings Ltd. shelved a HK$340 million ($44 million) initial public offering in Hong Kong after a key executive, who is also the chairman’s wife, was put under police surveillance. Executive Director Xie Birui is under “designated residence surveillance” by the Public Security Bureau of Lianyungang, the city in eastern China’s Jiangsu province where the ...