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BEIJING Air Max 95 Ultra Essential Herren Nike Schuhe Schwarz Weiß Günstig , Jan. 30 (Xinhua) -- Leshi Internet Information and Technology, the listed arm of technology conglomerate LeEco, expects about 11.6 billion yuan (1.84 billion U.S. dollars) in net losses last year.


The net loss for 2017 includes operation loss, bad debt provision for account receivable and provision for impairment of long-term assets, the Shenzhen-listed firm said in a statement Tuesday.


Leshi attributed its operation loss to the financial strain of related parties, liquidity issues Nike Air VaporMax Günstig , shrinking advertisement revenue and rising financing costs.


The company saw its shares plummet by the daily limit of 10 percent for five consecutive days since it restarted trading last week.


The plunge came after a suspension from April last year when the company said in a filing on the Shenzhen Stock Exchange that it was contemplating capital restructuring.


The planned deal to acquire a film arm from the troubled LeEco was finally dropped due to LeEco's financial woes.


The company warned investors of risks in light of its current operation.




GUANGZHOU, China - "You're gonna study in China and get a better job back home after graduation," Angelina Dodissea Alberto Gomes, an Angolan woman in her twenties, repeated the words in Chinese that she can speak the best in an interview with Xinhua.


Those words are the great expectations her mother had placed on her before Angelina came to China for her future career dreams.


"A person with a diploma from a Chinese university is most welcome in the Angolan labor market," Angelina said in not very fluent Chinese.


The 27-year-old Angolan woman came to the southern Chinese city of Guangzhou a year ago to learn Chinese language Nike Air Max 2018 Günstig , in hopes that she could find a promising job back in her home country.


Angelina, currently a student of the College of Chinese Language and Culture of Jinan University, plans to stay in China for five years.


Angelina's home country, Angola, is a resource-rich former Portuguese colony in southwestern Africa, which has enjoyed a double-digit economic growth on average in recent years.


The African country has attracted a large amount of foreign investments Nike Air Max 360 Günstig , including those from China, which mainly go into Angola's infrastructure such as building roads, railways and bridges.


"Angolan employers would sometimes ask whether you could speak good Chinese?" said Angelina. "That's why I am here." The young woman had worked in her brother's company for six years after her graduation from a vocational high school majoring in mechanical engineering.


Angelina's life in China was financed by her mother, a doctor who lost her husband and raised her nine children on her own. "Studying and living in China are relatively cheap, except taxi fare," she said. Angelina spent roughly 2 Nike Air Max 90 Ultra Essential Günstig ,000 yuan (about 320 U.S. dollars) a month in the southern Chinese city.


Angelina, who failed to get a government scholarship due to fierce competition, has to pay 9