Streaming giant iQiyi joins homecoming wave with proposed US$300m Hong Kong listing

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Nasdaq-listed iQiyi, a Chinese online entertainment video provider backed by Baidu, has submitted a confidential application for a listing in Hong Kong, the company said on Monday.Details of the proposed listing have yet to be finalised, the company said, pending regulatory approvals from the Hong Kong stock exchange and the China Securities Regulatory Commission, as well as the company’s own final decision.“There is no assurance that the proposed listing will take place or when it may take...