IQ / Chinese video streaming platform iQIYI to raise $600 mln through convertible bonds

iQIYI, Inc. Sponsored ADR (IQ) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This mi more_horizontal

BEIJING, Aug. 02, 2023 (GLOBE NEWSWIRE) -- iQIYI, Inc. (NASDAQ: IQ) ("iQIYI" or the "Company"), a leading provider of online entertainment video servi more_horizontal

2Q22 expected slowdown in subscribers has no structural impact to IQ long-term fundamentals. Despite a potential sequential subscriber decline in 2Q23 more_horizontal

After losing some value lately, a hammer chart pattern has been formed for iQIYI, Inc. Sponsored ADR (IQ), indicating that the stock has found support more_horizontal

iQIYI Inc. is again exploring a second listing in Hong Kong just as China's answer to Netflix Inc. looks on track to reverse years of losses. The US-l more_horizontal

On top of inflationary pressures and rising rates, not even government debt ceiling uncertainty has been able to slow the upward momentum. Just two mo more_horizontal

iQIYI, Inc. Sponsored ADR (IQ) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong ag more_horizontal

iQIYI gave an impressive Q4 performance, with 13 million added subscribers. IQ's strategy to produce more original content will help improve margins. more_horizontal