(Reuters) – Shares of Chinese streaming platform iQiyi Inc fell below their initial public offering (IPO) price in the stock’s market debut on Thursday, even as the technology sector rebounded from a sharp sell-off ahead…
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IQiyi, The Netflix Of China, Begins Trading — And Then Falls
Shares of China-based iQiyi (IQ) began trading Thursday … Baidu currently holds a 69.6% stake in the company and will remain as a majority shareholder post-IPO. In 2017, iQiyi reported revenue of $2.67 billion, up…
IQiyi, Netflix Of China, Prices Its IPO At $18 Per Share
Reuters said late Wednesday that the Beijing-based company, considered the Netflix (NFLX … Baidu currently holds a 69.6% stake in the company and will remain as a majority shareholder post-IPO. In 2017, iQiyi reported revenue…
‘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…
Chinese streaming company iQiyi prices IPO at $18/share
Ma Shicong, an analyst at Beijing-based internet consultancy Analysys … but it had a rocky first day with shares dropping below its IPO price. Contact with the writer at ouyangshijia@chinadaily.com.cn. ( read original story …)
Chinese streaming company iQiyi prices IPO at $18/share: source
Beijing-based iQiyi, which is majority-owned by Chinese internet … Goldman Sachs (Asia) LLC, Credit Suisse and BofA Merrill Lynch are the lead underwriters for the IPO. ( read original story …)
IQiyi, The Netflix Of China, Prices Its IPO At $18 Per Share
Reuters said late Wednesday that the Beijing-based company, considered the Netflix (NFLX … Baidu currently holds a 69.6% stake in the company and will remain as a majority shareholder post-IPO. In 2017, iQiyi reported revenue…
China Could Target Broad U.S. Business Interest in Trade Spat-China Daily
SHANGHAI — China could target a broad range of U.S. businesses from agriculture to aircraft, autos, semiconductors and even services if the trade conflict with the United States escalates, the China Daily newspaper said in…
Breakfast Briefing: Xiaomi’s New Phone & Kim Jong-un in Beijing
The phone will hit the market on April 3rd, and its success will more than likely play a huge role in how well Xiaomi’s planned IPO goes later this year. Pundits reckon that the Beijing-based…
Value of top 100 Chinese brands surges in new ranking
A logo of Alibaba is pictured at the headquarters of Chinese e-commerce giant Alibaba Group in Hangzhou city, east China’s Zhejiang province. [Photo/Agencies] Brand value of Chinese firms, especially those from the technology, education and…
Tencent crowned China’s most valuable brand as Chinese brand power hits record high
Tencent has retained the title of China’s most valuable brand for a fourth consecutive year, beating out Alibaba, ICBC and Baidu, according to BrandZ Top 100 Most Valuable Chinese Brands rankings. The report, which is…
China’s Booming Edtech Sector Sends IPOs To New York
A series of China tech IPOs in the education sector are underway in the U.S. to capitalize on high growth rates and potential in this booming business, where it seems all Chinese want to get…
China fast tracks IPO by leading biotech firm WuXi AppTec, in race as Asia’s hub for fundraising
WuXi AppTec, the mainland’s leading biotechnology firm which privatised in New York two years ago, has been given the green light to relist on the A-share market via an initial public offering (IPO) in Shanghai,…
