IQIYI Options Spot-On: On September 30th, 110.82K Contracts Were Traded, With 330.11K Open Interest
Express News | Shares of US-listed Chinese Companies Are Trading Higher on Continued Strength Amid Stimulus Efforts. September PMI Data Beat Estimates but Factory Activity Fell, Which May Raise Stimulus Hopes
Express News | IQIYI Shares up 12%, Gaotu Techedu up 12.4%, HUYA up 5.9%, TAL Education Group up 10.9%, New Oriental Education & Technology Group up 6.3%
IQIYI Options Spot-On: On September 27th, 77,783 Contracts Were Traded, With 299.34K Open Interest
Asian Equities Traded in the US as American Depositary Receipts Decline in Friday Trading
IQiyi Unveils Over 300 New Titles, With Focus on Short Dramas to Accelerate Growth
Express News | JD.com up 14%, Xpeng up 10.8%, Tencent Music Entertainment Group up 16.7%
Express News | Shares of Chinese Stocks Are Trading Higher Following a Report Suggesting China Will Issue up to $284 Billion of Sovereign Debt as Part of a Stimulus
BlackRock Says China Stocks Are 'Bubbling Around' the Bottom
Express News | Kraneshares CSI China Internet ETF up 6.2%, Ishares MSCI China ETF up 4.8%, ishares China Large-Cap ETF up 4.7%
Express News | Alibaba Group up 5.3%, Gaotu Techedu Jump 12%, iQIYI up 8.2%, Bilibili up 8.2%
Express News | Li Auto up 6.2%, NIO up 4.9%, PDD Holdings up 7.3%, Baidu up 4.7%
Express News | U.S.-Listed Shares of Chinese Firms Rise Premarket
Express News | U.S.-Listed Chinese Stocks Surge in Overnight Trading Following Politburo's Commitment to Fiscal Support
How Much Room is There for Valuation Recovery in China-Linked Stocks?
Express News | Shares of US-listed Chinese Companies Are Trading Lower Amid a Possible Selloff Following Yesterday's Strength After China's Central Bank Announced a New Stimulus Package
Gong Yu talks about iqiyi's business model: Over 70% of the revenue goes to the content providers, completely free for members.
On the afternoon of September 25, 2024, at the iqiyi Autumn Enjoyment Conference, iqiyi's founder and CEO Gong Yu delivered a speech. Gong Yu stated that the only constant in the market is change, and there are three major changes in the industry: changes in length, changes in AI, and changes in domestic dramas. Regarding changes in length, Gong Yu mentioned that premium short films under the model of pay-per-view are now officially part of the membership content. iqiyi has opened Micro Theater and Short Film Theater, exclusively for VIP members, without the need for additional pay-per-view. "iqiyi's short films do not equal to shortened low-cost web series, micro-dramas do not equal to low-quality paid micro-short films." Gong Yu pointed out that the business model is also changing, and now iqiyi is
US Listed-Chinese Stocks Surge Tuesday on Policy Boost, Who Is Leading the Way
US stocks closed: S&P, Dow hit new highs again. Chinese concept stocks staged a 'Golden Dragon Soaring'.
1. The three major indices collectively rose, with the S&P 500 index and the Dow hitting new highs; 2. Chinese concept stocks generally soared, with the Nasdaq Golden Dragon Index in China rising by 9.13%; 3. Nvidia rose by about 4%, temporarily halting the selloff by Huang Renxun; 4. The US Department of Justice sued Visa, accusing it of illegal monopolization.
Express News | U.S.-listed Shares of Chinese Firms Jump After China Announces Stimulus Measures