Winston Cheng, the head of Asia technology, media and telecommunications at Bank of America Merrill Lynch has left the US bank to join China’s LeTV Holdings as a senior vice president and head of corporate finance and development.
Cheng confirmed he will head LeTV Holding’s corporate finance unit, in charge of financing, investment and mergers acquisitions.
He joins the company this week and reports to chairman Jia Yueting.
LeTV Holdings has a stake in Shenzhen-listed Leshi Internet Information and Technology Corp, an entertainment and online video company with a market capitalization of more than $10 billion. It also has holdings in...