Market PositionIQiyi shared it regained leadership in July in dramas, and will strengthen content offerings especially in categories including costume dramas and suspense content.
Revenue GrowthOnline advertising revenue is anticipated to recover to positive YoY growth in the third quarter, with the launch of several highly anticipated variety shows.
Stock ValuationAnalyst reiterates Buy recommendation due to low valuation compared to Internet peers and potential upside risks from new dramas.