‘Chinese Netflix’ iQIYI prices IPO at midpoint of expected range to raise $2.25 billion

Beijing-based IQIYI Inc. IQ, -1.08% said Thursday its initial public offering priced at $18 a share, as the online entertainment company raised $2.25 billion. The IPO was expected to price between $17 and $19 a share. The 125 million American Depositary …
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