(China Each day) Chinese language on-line video platform iQIYI stated on Monday that it has filed an software with the Hong Kong inventory change, looking for approval to checklist its Class A strange shares.
It additionally introduced a brand new share repurchase program of as much as $100 million over the following 18 months, efficient instantly upon approval. The buyback could embody its American depositary shares.
iQIYI stated particulars of the proposed itemizing haven’t but been finalized and stay topic to regulatory approvals, including that there is no such thing as a assurance the itemizing will proceed or when it might happen.
The transfer comes after the corporate first went public on the Nasdaq in March 2018.
In keeping with its 2025 monetary outcomes, iQIYI reported complete income of 27.29 billion yuan ($3.8 billion), with non-GAAP working revenue reaching 640 million yuan, marking its fourth consecutive yr of working profitability.
By section, membership providers remained the most important income contributor at 16.81 billion yuan, adopted by internet marketing at 5.19 billion yuan, content material distribution at 2.5 billion yuan and different income at 2.79 billion yuan.
The corporate’s abroad enterprise has additionally emerged as a key development driver. In 2025, worldwide membership income rose by greater than 30 % year-on-year, with year-on-year development accelerating to over 40 % within the fourth quarter. Markets together with Brazil, Mexico and Indonesia recorded notably robust efficiency, with membership income in every market surging by greater than 80 %.
Supply: By Li Jiaying | chinadaily.com.cn | Up to date: 2026-03-31 17:29
