Chinese Streamer iQIYI Being Probed by U.S. Securities Regulator

Mystery surrounds the subscriber numbers of Chinese video streaming company iQIYI, which revealed that it is being investigated by the U.S.’s Securities and Exchange Commission. Confirmation of the SEC probe is expected to send iQIYI’s NASDAQ-listed shares sharply lower. They closed at $21.68 on Thursday. But pre-market trading Friday indicates a fall of 10% to […] …read more

Source:: Yahoo Finance

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