Market Chatter: Baidu-owned IQiyi Hires Banks for Secondary Listing in Hong Kong

MT Newswires Live

08/20

Baidu-owned (HKG:9888, HKG:89888) streaming firm IQiyi is moving ahead with plans to list its shares in Hong Kong, Reuters reported Tuesday.

The U.S.-listed firm reportedly hired Bank of America, CICC, and JPMorgan to work on a secondary listing to raise $200 million to $300 million.

The company could file for an IPO in the third quarter, with plans to go public before the 2026 Lunar New Year in mid-February.

Bloomberg reported on the plans earlier in August but cautioned at the time that discussions were at an early stage.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2560147257","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2560147257","pubTimestamp":1755657126,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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