iQIYI plans Hong Kong listing, launches $100M share buyback, and tests AI video tool Nadou Pro

iQIYI, a leading Chinese online entertainment provider, announced plans to list its shares on the Hong Kong Stock Exchange to expand its investor base and international presence. The company also approved a $100 million share repurchase program to boost shareholder value and show confidence in its business outlook. Additionally, iQIYI launched open commercial testing of Nadou Pro, an AI-powered tool designed to streamline professional long-form video production. These moves aim to strengthen iQIYI's market position and technological edge in the competitive online video industry.