iQIYI plans to list on the Hong Kong Stock Exchange.

Sina Finance reported on March 30th that on the same day, iQIYI announced that the company has submitted its application for listing on the Hong Kong Stock Exchange in a confidential manner. On the same day, the company's board of directors approved a share repurchase plan, authorizing the company to repurchase up to $100 million worth of shares within the next 18 months. The share repurchase plan is effective immediately upon approval.