AGILE GROWTH CORP C/WTS (TO PUR COM) News

People familiar with the matter: iQiyi has selected banks to arrange a second listing in Hong Kong

According to people familiar with the matter, iQiyi, a Chinese video site platform listed in the US, has selected banks to arrange a second listing in Hong Kong. People familiar with the matter said that iQiyi is cooperating with advisors including Bank of America, CITIC Lyons Securities, and Goldman Sachs Group to arrange a listing. Since the information was not made public, people familiar with the matter requested anonymity. They said it may go public as soon as the end of the year. iQiyi is a company owned by search engine giant Baidu. People familiar with the matter say the company may raise at least 500 million US dollars. People familiar with the matter said that negotiations are still ongoing, and iQiyi may decide to postpone or cancel the listing plan. Other banks may also get involved

新浪美股Oct 6, 2021 18:26