iQIYI Inc - ADR

NASDAQ:IQ   3:59:50 PM EDT
4.07
+0.30 (+8.11%)
Regulatory, Other Pre-Announcement

iQIYI Provides Update On Status Under Holding Foreign Companies Accountable Act

Published: 03/31/2022 08:48 GMT
iQIYI Inc - ADR (IQ) - Iqiyi Provides Update on Its Status Under the Holding Foreign Companies Accountable Act.
Says Aware It Was Identified by US Sec Under Holding Foreign Companies Accountable Act of United States on March 30, 2022.
Iqiyi Has Been Actively Exploring Possible Solutions to Best Protect Interest of Its Stakeholders.
Says Such Identification May Have Resulted From Company's Filing of Annual Report on Form 20-f for Fiscal Year Ended December 31, 2021.company Will Continue to Comply With Applicable Laws and Regulations in Both China and U.S.says Understands That Sec Made Such Identification Pursuant to Hfcaa and Its Implementation Rules Issued Thereunder.