SEC fraud probe a chance for iQiyi to 'clear doubts', analyst says

"To be honest, there was nothing specific in the short-selling report that really raised our eyebrows," says Bernstein's David Dai regarding the U.S. Securities and Exchange Commission's probe into Chinese streaming service iQiyi fraud allegations. He adds that the chances of iQiyi inflating its revenue numbers significantly are "very small."
Fri, Aug 14 20203:10 AM EDT