"Total revenues increased 9% year-over-year while user time spent and number of subscribers both achieved robust growth, with subscribers reaching 119 million, an increase of 23% year-over-year and a net addition of 12 million from previous quarter"
Source: prnewswire.com/news-releases/iqiyi-announces-first-quarter-2020-financial-results-301060858.html
Time to start slowly adding a few Chinese stocks, including SOGO, IQ, BILI, ZTO, BABA, PDD
Trump presidency would only last for 4 more years max. Some of these Chinese companies have strong fundamentals, and are likely to outperform most stocks towards the second half of Trump's second term. Won't hurt to hold a little.
Source: prnewswire.com/news-releases/iqiyi-announces-first-quarter-2020-financial-results-301060858.html
Time to start slowly adding a few Chinese stocks, including SOGO, IQ, BILI, ZTO, BABA, PDD
Trump presidency would only last for 4 more years max. Some of these Chinese companies have strong fundamentals, and are likely to outperform most stocks towards the second half of Trump's second term. Won't hurt to hold a little.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.