KWEB Index Rebalance: Few Changes at the Close Today
The KWEB ETF rebalances at the close today. There are 2 adds & 1 delete. There will be capping changes and funding flows across the other index...
[iQIYI, Lnc. (IQ US, SELL, TP US$5) Target Price Change]: Content Pipeline Weakens After
We expect its content pipeline is weaker compared with other key competitors in Q2. Our top and bottom lines in 2Q23 are (3.4%)/(7.4%) vs cons, due...
IQIYI (IQ US) – Looking into 2Q23E Rich Pipeline
2Q23E subs members might see a slight sequential decline (forecasting at 112mn) for soft seasonality, but we expect upcoming rich pipeline to...
[iQIYI, Lnc. (IQ US) Target Price Change]: Reiterate SELL for Increasing Competition
We forecast iQIYI 1Q23 top line/bottom line to miss cons. by (3.6%)/(6.3%), largely due to the rebound of content costs to cope with competition...
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