Chinese Tech Giant Baidu in Talks to Sell Controlling Stake in IQIYI, Reuters Reports

Dow Jones2022-06-15

--Chinese internet search engine firm Baidu Inc. is currently in talks to sell its majority stake in video streaming company iQIYI Inc., Reuters reports, citing people familiar with the matter.

-- Baidu currently has a 53% stake in iQIYI and holds more than 90% of its shareholder voting rights, Reuters says.

Full story: https://reut.rs/3NZuxL9

Write to Justina Lee at justina.lee@wsj.com

$(END)$ Dow Jones Newswires

June 15, 2022 04:28 ET (08:28 GMT)

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Remotecam
2022-06-16
Remotecam
Good to know. Thanks

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Thanks&nbsp;","listText":"Good to know. Thanks&nbsp;","text":"Good to know. Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9054193755","repostId":2243675599,"repostType":2,"repost":{"id":"2243675599","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1655281680,"share":"https://ttm.financial/m/news/2243675599?lang=en_US&edition=fundamental","pubTime":"2022-06-15 16:28","market":"hk","language":"en","title":"Chinese Tech Giant Baidu in Talks to Sell Controlling Stake in IQIYI, Reuters Reports","url":"https://stock-news.laohu8.com/highlight/detail?id=2243675599","media":"Dow Jones","summary":"--Chinese internet search engine firm Baidu Inc. is currently in talks to sell its majority stake in","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  --Chinese internet search engine firm Baidu Inc. is currently in talks to sell its majority stake in video streaming company iQIYI Inc., Reuters reports, citing people familiar with the matter. \n</p>\n<p>\n  -- Baidu currently has a 53% stake in iQIYI and holds more than 90% of its shareholder voting rights, Reuters says. \n</p>\n<pre>\n \n</pre>\n<p>\n  Full story: https://reut.rs/3NZuxL9 \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Justina Lee at justina.lee@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  June 15, 2022 04:28 ET (08:28 GMT)\n</p>\n<p>\n  Copyright (c) 2022 Dow Jones &amp; Company, Inc.\n</p>\n</font>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chinese Tech Giant Baidu in Talks to Sell Controlling Stake in IQIYI, Reuters Reports</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChinese Tech Giant Baidu in Talks to Sell Controlling Stake in IQIYI, Reuters Reports\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-06-15 16:28</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  --Chinese internet search engine firm Baidu Inc. is currently in talks to sell its majority stake in video streaming company iQIYI Inc., Reuters reports, citing people familiar with the matter. \n</p>\n<p>\n  -- Baidu currently has a 53% stake in iQIYI and holds more than 90% of its shareholder voting rights, Reuters says. \n</p>\n<pre>\n \n</pre>\n<p>\n  Full story: https://reut.rs/3NZuxL9 \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Justina Lee at justina.lee@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  June 15, 2022 04:28 ET (08:28 GMT)\n</p>\n<p>\n  Copyright (c) 2022 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK1588":"回港中概股","BK1095":"互动媒体与服务","BK1575":"同股不同权","BK4077":"互动媒体与服务","BK4531":"中概回港概念","BK4526":"热门中概股","09888":"百度集团-SW","BIDU":"百度","BK1587":"次新股","BK4514":"搜索引擎","BK4505":"高瓴资本持仓","BK4535":"淡马锡持仓","BK4504":"桥水持仓","BK4108":"电影和娱乐","BK4579":"人工智能","BK4548":"巴美列捷福持仓","IQ":"爱奇艺","BK4552":"Archegos爆仓风波概念","BK4574":"无人驾驶","QNETCN":"纳斯达克中美互联网老虎指数"},"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2243675599","content_text":"--Chinese internet search engine firm Baidu Inc. is currently in talks to sell its majority stake in video streaming company iQIYI Inc., Reuters reports, citing people familiar with the matter. \n\n\n  -- Baidu currently has a 53% stake in iQIYI and holds more than 90% of its shareholder voting rights, Reuters says. \n\n\n \n\n\n  Full story: https://reut.rs/3NZuxL9 \n\n\n \n\n\n  Write to Justina Lee at justina.lee@wsj.com \n\n\n \n\n\n$(END)$ Dow Jones Newswires\n\n\n  June 15, 2022 04:28 ET (08:28 GMT)\n\n\n  Copyright (c) 2022 Dow Jones & Company, Inc.","news_type":1,"symbols_score_info":{"09888":1,"BIDU":1,"IQ":1,"K3SD.SI":0.9,"QNETCN":0.6}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":1,"commentSize":1,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; 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