Rumor: iQiyi to List on Nasdaq by End of March
Caijing.com.cn, 3/16/18
Chinese internet firm Baidu's (Nasdaq: BIDU) online video subsidiary iQiyi will list on Nasdaq at the end of March, under the "IQ" ticker symbol, a person with knowledge of the matter revealed to media outlet Caijing. Information on the price range of iQiyi's shares was not disclosed.
Editor's Note: In February, Baidu confirmed plans to float its streaming-video subsidiary iQiyi in the U.S, but the company did not specify which exchange it would choose to list the platform. For more information on this topic, please see Update: Baidu Confirms Plans for U.S. IPO of iQiyi, MD 2/26/18 issue.
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