iQIYI Has Been Inspected by SEC
According to iQIYI, it has been inspected by SEC recently. Specifically, SEC is asking this firm to provide its financial records from January 2018 and also its Wolfpack Research. Moreover, iQIYI has hired advisors to research the accusation.
iQIYI has been sold by Wolfpack Research this April, as its revenues have been exaggerated for CNY 8 billion to CNY 13 billion.
This text is a result of machine translation.
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