By FDI Creative Services on 03/27/2019
Category: Security News

China video-streaming firm IQIYI raises $1.1 billion in convertible bonds

Video-streaming firm iQIYI, backed by search engine giant Baidu, on Wednesday raised $1.05 billion in six-year convertible bonds, in what is the second-largest such deal by a U.S.-listed Chinese company.

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