Stock Track | iQiyi Inc. Soars 6.03% as Chinese Stocks Rally and Defense Drone Certification Eyed

Stock Track

01-30

iQiyi Inc. (NASDAQ: IQ), a leading online entertainment service in China, saw its stock soar 6.03% in Thursday's intraday trading session.

The surge in iQiyi's share price appeared to be driven by a broader rally in Chinese stocks listed on U.S. exchanges. According to reports, Chinese American Depositary Receipts (ADRs) and exchange-traded funds (ETFs) tracking Chinese companies experienced significant gains, with the Direxion Daily FTSE China Bull 3X Shares ETF (YINN) climbing 3.6%, and stocks such as Nio Inc., Alibaba Group Holding Ltd., and XPeng Inc. rising more than 2%.

Additionally, investors may have responded positively to news that ZenaTech Inc., a technology company specializing in AI drones and related solutions, announced that its subsidiaries ZenaDrone and Spider Vision Sensors are collaborating with Taiwan-based electronics manufacturer Suntek Global to apply for Blue UAS (Unmanned Aerial System) certification for the IQ Nano drone sensor. If approved, this certification would allow the IQ Nano drone to be purchased directly by U.S. military and federal agencies for various applications, including indoor reconnaissance, search and rescue, and logistics.

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According to reports, Chinese American Depositary Receipts (ADRs) and exchange-traded funds (ETFs) tracking Chinese companies experienced significant gains, with the Direxion Daily FTSE China Bull 3X Shares ETF (YINN) climbing 3.6%, and stocks such as Nio Inc., Alibaba Group Holding Ltd., and XPeng Inc. rising more than 2%.</p>\n<p>Additionally, investors may have responded positively to news that ZenaTech Inc., a technology company specializing in AI drones and related solutions, announced that its subsidiaries ZenaDrone and Spider Vision Sensors are collaborating with Taiwan-based electronics manufacturer Suntek Global to apply for Blue UAS (Unmanned Aerial System) certification for the IQ Nano drone sensor. 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Soars 6.03% as Chinese Stocks Rally and Defense Drone Certification Eyed\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time smaller\">2025-01-30 23:22</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>iQiyi Inc. (NASDAQ: IQ), a leading online entertainment service in China, saw its stock soar 6.03% in Thursday's intraday trading session.</p>\n<p>The surge in iQiyi's share price appeared to be driven by a broader rally in Chinese stocks listed on U.S. exchanges. 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If approved, this certification would allow the IQ Nano drone to be purchased directly by U.S. military and federal agencies for various applications, including indoor reconnaissance, search and rescue, and logistics.</p>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IQ","symbol_name":"愛奇藝","start_time":0,"source_url":"","article_id":"1196850667","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1196850667","pubTimestamp":1738250576,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"iQiyi Inc. , a leading online entertainment service in China, saw its stock soar 6.03% in Thursday's intraday trading session.The surge in iQiyi's share price appeared to be driven by a broader rally in Chinese stocks listed on U.S. exchanges. 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According to reports, Chinese American Depositary Receipts (ADRs) and exchange-traded funds (ETFs) tracking Chinese companies experienced significant gains, with the Direxion Daily FTSE China Bull 3X Shares ETF (YINN) climbing 3.6%, and stocks such as Nio Inc., Alibaba Group Holding Ltd., and XPeng Inc. rising more than 2%.\nAdditionally, investors may have responded positively to news that ZenaTech Inc., a technology company specializing in AI drones and related solutions, announced that its subsidiaries ZenaDrone and Spider Vision Sensors are collaborating with Taiwan-based electronics manufacturer Suntek Global to apply for Blue UAS (Unmanned Aerial System) certification for the IQ Nano drone sensor. 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