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Stocks

China's Coolpad climbs after tapping LeEco founder as chairman

HONG KONG -- Shares in Coolpad Group gained here Monday on news that the founder of China's Leshi Internet Information & Technology, or LeEco, will take the reins of the smartphone maker.

Shenzhen-based Coolpad finished up 20.15% at 1.61 Hong Kong dollars after rising as high as HK$1.65.

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