iQIYI, Inc. Update

On 6-June-2018, we introduced our subscribers to iQIYI (pronounced "eye-chee-yee"). Recall that iQIYI is a Chinese version of NetFlix. There is a difference in business models, however. While NetFlix is more subscription-based, iQIYI captures revenues primarily through advertising.

It is no secret that the Chinese stock market is getting roughed up as the Chinese and US governments work out their issues with respect to trade. While this stock is above the level where we first discussed it, it is getting roughed up along with most other Chinese based stocks.

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