Group 1 - The core viewpoint of the article highlights that iQIYI's Q1 revenue reached 7.19 billion yuan, surpassing the estimated 7.09 billion yuan [1] - The earnings per ADS for Q1 were reported at 0.19 yuan, exceeding the forecast of 0.17 yuan [1] - Following the earnings report, iQIYI's stock rose nearly 4% in pre-market trading [1]

Group 1 - Tencent Music (TME.N) saw a pre-market increase of 2.3% [1] - The company's first-quarter revenue exceeded expectations [1]