iQiyi applies for listing on HKEX

A listing application form has been submitted to the Hong Kong Stock Exchange on a confidential basis to apply for the listing of, and permission to deal in, the Class A ordinary shares of the company on the HKEX. The Proposed Listing aims to enhance the company’s access to the capital market in Hong Kong, broaden the company’s investor base by increasing exposure to Asia-based institutional and retail investors, and strengthen the company’s international profile. Details of the Proposed Listing have not yet been finalized. The Proposed Listing is subject to, among others, the obtaining of approvals from the HKEX, the completion of the filing with the China Securities Regulatory Commission, and the final decision of the company. There is no assurance that the Proposed Listing will take place or when it may take place.