On November 25, iQIYI, an innovative market-leading online entertainment service in China, held its signature annual iQIYI Scream Night at the Galaxy Arena in Macao. During the event, the company awarded 52 honors across various categories from dramas to variety shows and film, recognizing premium content and outstanding artists that deeply engage diverse audiences globally.
Baidu (NASDAQ: BIDU) posted its third-quarter earnings report on Nov. 21. Its adjusted net income grew 23% to 7.27 billion yuan ($996 million), which also exceeded analysts' expectations by 990 million yuan, while its adjusted earnings per ADS rose 21% to $2.80. Baidu's headline numbers seemed healthy, but does its stock still have room to run after rallying about 20% over the past 12 months?
On November 27, iQIYI, an innovative market-leading online entertainment service in China, announced the partnerships with GSC Movies in Malaysia and Clover Films in Singapore. These collaborations aim to expand iQIYI's selection of premium Chinese films available to global viewers and leverage the extensive film distribution networks and rich experience of GSC Movies and Clover Films.