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VOICE ARCHIVE

@contrarianshort

@contrarianshort
2 posts
2020-08-14
Starting to notice a pattern with these US listed, China based companies $IQ $BIDU Baidu Stock Slides as iQIYI Video Unit Discloses SEC Investigation https://www.barrons.com/... via @Barronsonline
2020-08-14 View on X
Variety

Baidu's video streaming service iQIYI says it is being probed by SEC, after a report in April accused it of inflating its 2019 revenue by around $1.13B

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.

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Starting to notice a pattern with these US listed, China based companies $IQ $BIDU Baidu Stock Slides as iQIYI Video Unit Discloses SEC Investigation https://www.barrons.com/... via @Barronsonline
2020-08-14 View on X
Barron's Online

Baidu reports Q2 revenue of $3.7B, flat YoY, and iQIYI revenue up 4% YoY, as online ad revenue fell 28% YoY; iQIYI unit is under investigation for fraud by SEC

Eric J. Savitz / Barron's Online :

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