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Posted on: Dec. 16, 2020, 11:01 a.m.
Chinese streaming platform iQIYI is returning to the U.S. financial markets for a twin-pronged capital injection. On Tuesday it unveiled plans to raise $800-900 million from the sale of debt instruments, and a similar sum from the sale of new shares. The moves come as the company makes public play of expansionary developments in Southeast Asia, including the opening of a regional office in Singapore which it says will eventually have 200 staff. The prospectus that accompanies the twin capital ... Full investment news articleRelevent to this post: Migration Capital University of Nebraska Foundation,