Which Chinese Internet Stock is a Better Buy? China’s self-reliant innovation strategy has been gaining traction over the past couple of years. The country’s efforts made to ensure improved security and better user experience should enable Chinese companies to gain widespread recognition in the future. Weibo Corporation (WB) and iQIYI, Inc. (IQ) are two prominent players engaged in the Internet industry in China. WB operates as a social media platform for people to create, distribute and discover Chinese content. It enables its advertising and marketing customers to promote its brands and services to users. In comparison, IQ provides online entertainment…