Core Viewpoint - iQIYI is reportedly advancing its secondary listing plan in Hong Kong, with major underwriters including Bank of America, CICC, and JPMorgan Chase [1][3]. Group 1: Listing Plans - iQIYI is expected to submit its listing application in the third quarter of this year and aims to complete the listing process by mid-February 2026, around the Lunar New Year [3]. - The company hopes to raise between $200 million to $300 million through this listing to support its future development [3]. Group 2: Market Context - Many companies from mainland China are choosing to conduct IPOs or secondary listings in Hong Kong, making it a significant financing channel and leading to an increase in listings that surpass New York this year [3]. - This trend reinforces Hong Kong's position as a major global financial center [3]. Group 3: Market Reaction - Despite the lack of official confirmation from iQIYI or its underwriters, the secondary listing plan has garnered significant attention in the capital markets [3]. - As a leading online video platform in China, iQIYI's movements are closely watched by the industry, and further details may clarify its listing journey [3].