Is iQIYI, Inc. (NASDAQ:IQ) The Worst Chinese Stock to Buy Right Now According to Short Sellers [Yahoo! Finance]
iQIYI, Inc. - American Depositary Shares (IQ)
Last iqiyi, inc. - american depositary shares earnings: 2/27 04:30 pm
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Source: Yahoo! Finance
Between January 2024 to late August 2024, the Chinese equity markets have witnessed a significant rebound. On a YTD basis, the Hang Seng Index saw an increase of over 3%. Both onshore and offshore Chinese equities were able to generate positive returns, with materials and industrial sectors in the positive territory. This growth was seen mainly due to resilience in the broader Chinese economy, with the country's GDP increasing by 5.3% YoY in 1Q, exceeding market expectations. However, China's economy grew much slower than anticipated in 2Q as a protracted property downturn and job insecurity impacted the broader economy. Market experts expect that Beijing might have to unleash even more stimulus measures. China's economy saw an increase of 4.7% in April-June, the slowest growth since 1Q 2023 and missing a 5.1% estimate by the broader market. Outlook for Chinese Economy Earlier in the year, China announced its ambitious goal of reaching 5% economic growth in 2024. The strong gro
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IQ
News
- Baidu's Q3 Earnings: Revenue Slides, Weak Online Ads Market Impact Margins [Yahoo! Finance]Yahoo! Finance
- iQIYI Announces Third Quarter 2024 Financial ResultsGlobeNewswire
- iQIYI Introduces Standard VIP Family and Friends Membership to Enhance Subscription Flexibility and Premium Content AccessPR Newswire
- An Intrinsic Calculation For iQIYI, Inc. (NASDAQ:IQ) Suggests It's 34% Undervalued [Yahoo! Finance]Yahoo! Finance
- iQIYI's 'Love On Theater' Premieres 'Fangs of Fortune,' Setting Benchmark for C-Drama Virtual ProductionPR Newswire
IQ
Earnings
- 11/21/24 - Beat
IQ
Sec Filings
- 11/21/24 - Form 6-K
- 11/12/24 - Form SC
- 8/26/24 - Form SC
- IQ's page on the SEC website