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China's iQiyi taps banks for up to $300 million Hong Kong second listing, sources say
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China's iQiyi taps banks for up to $300 million Hong Kong second listing, sources say
Mar 10, 2026 8:15 PM

HONG KONG, Aug 19 (Reuters) - Chinese video streaming

platform iQIYI has tapped Bank of America ( BAC ), CICC and

JPMorgan ( JPM ) to work on its Hong Kong second listing that could

raise between $200 million and $300 million, said two people

with knowledge of the matter.

iQIYI, China's answer to Netflix ( NFLX ), plans to file its listing

application confidentially in the third quarter, said one of the

people, adding a listing, pending regulatory approvals, could

happen before the 2026 Lunar New Year which falls in

mid-February.

The people declined to be named as the information was

private.

Nasdaq-listed iQIYI, controlled by Chinese internet giant

Baidu Inc ( BIDU ), declined to comment.

Spokespeople for Bank of America ( BAC ) and JPMorgan ( JPM )

declined to comment. Chinese investment bank CICC (China

International Capital Corp) did not immediately

respond to a request for comment.

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