NEW YORK, NY - MARCH 29: Yu Gong founder and CEO of China-based iQiyi (IQ), stands at the podium before ringing the Opening Bell at Nasdaq MarketSite in Times Square with Nasdaq CEO Adena Friedman in celebration of its initial public offering (IPO) on March 29, 2018 in New York City. iQiyi, China's largest online video and entertainment service provider, raised $2.25 billion as of late Wednesday with an initial public offering that priced roughly 125 million shares at $18, it was reported. (Photo by Spencer Platt/Getty Images)
