iQiyi Inc. (IQ) shares surged over 5% in intraday trading on Thursday, outperforming the broader market, as Chinese tech stocks witnessed a broad-based rally fueled by renewed optimism surrounding easing trade tensions between the U.S. and China.
The rally was catalyzed by the U.S. Postal Service's announcement that it will continue accepting inbound mail and packages from China and Hong Kong, reversing an earlier directive. This positive development in U.S.-China trade relations boosted sentiment towards Chinese stocks, including iQiyi, a leading technology-driven entertainment company.
Additionally, the success of Chinese AI startup DeepSeek has prompted investors to reassess Chinese technology companies that are trading at a significant discount to their U.S. counterparts. As a company with strong technology capabilities, iQiyi has garnered renewed buying interest from investors seeking exposure to the burgeoning artificial intelligence sector.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。