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After the Divorce, I Could Hear the Voice of the Future-Chapter 577 - 570: Determined to Be Everyone’s Dad_3
Chapter 577: Chapter 570: Determined to Be Everyone’s Dad_3
The code is NIO. In Chinese, it’s called NIO, and its English name implies a new day.
The offering price is $3.5, with a market value of $6.2 billion.
It opened with a 78% surge, the stock price flashed to $6.23, and the market cap reached $11.036 billion.
"Mr. Lu..."
Seeing this scene, Li Bing was so excited that he couldn’t speak. He wasn’t even this thrilled when Yiche went public back then.
After all, Yiche’s market value was only $500 million, and although he held 21% equity, it was worth just over $100 million.
In contrast, NIO’s market cap broke through $10 billion, and even after several rounds of financing, he still held 25.22% stake.
If calculated at the current market value, his personal combined wealth has already reached 20 billion yuan, which should barely allow him to enter the top 100 richest list.
"Mr. Li, US stocks are not like Big A. Listing doesn’t mean the end; it represents a new beginning."
Lu Liang was chatting with someone, glanced at Li Bing, and softly reminded him in Chinese.
Both are new energy companies, both following the concept path. Last year, FF had a market cap of $1.8 billion, and this year it’s only $120 million.
The US Stock Market doesn’t have limits on price rises and falls, and unlike Big A, once listed, it doesn’t mean holding an iron rice bowl, making it hard to delist.
If NIO’s subsequent performance is unsatisfactory, or if destructive negative news is exposed,
a market cap of more than $10 billion,
turning into $1 billion in one day is not impossible.
"I understand, I understand."
Li Bing nodded repeatedly, restraining his smile, not just because of Lu Liang’s reminder, but also because he saw an unexpected guest.
Since last year, after coming to the United States under the guise of saving enterprises to gather funds, Old Jia hadn’t returned.
The two locked eyes, and Old Jia strode over, smiling as he cupped his hands and said, "Mr. Li, congratulations, congratulations."
He couldn’t help but glance at Lu Liang, his gaze still resentful as before, but now with more hatred.
NIO actually went public too?
Back when he was playing with concepts, Li Bing was still messing around with Yiche.
Years of ups and downs, he left his hometown, now only able to keep saying on Weibo that he’ll return next week.
In contrast, Li Bing had become the founder of a new energy car company with a market value of $10 billion.
He was the first to propose the internet+ ecosystem and the concept car founder, after all.
Xiaomi chose the former, NIO chose the latter, and now both companies are listed.
It truly illustrates the saying, being half a step ahead is genius, and a full step ahead is madness.
In Jia Yuetting’s view, it was all Lu Liang’s fault.
If Lu Liang had been willing to help him back then, things wouldn’t have turned out this way, nor would LeEco.
"Mr. Jia, are you here to see Mr. Lu?"
Li Bing coughed a few times to attract Old Jia’s attention, so he wouldn’t keep dwelling on Lu Liang.
Following Little Wang and Sun Yuchen, he also became an avid supporter of Lu Liang.
If someone asked him now what he wished for in his life,
he would surely wish for NIO to thrive for eternity and for Lu Liang’s life to be smooth, which ends after him.
"No problem, just came over to take a look and share your joy."
Old Jia sighed gently, shaking his head. Although he had thoughts about harming Lu Liang, he could still suppress the demon inside.
After all, it’s just a career in despair; in life, he still lived in villas, drove luxury cars, his wife returned to the country as a hostage, and he could freely date foreign women.
Many still believed that he was a hidden dragon in the abyss, just temporarily dormant, the best time to bottom-fish.
So there was no need for a call to arms.
Old Jia left, like soy sauce, he came and went.
Just then, Lu Liang also finished his conversation with Wilson, curiously asking, "What did you guys talk about?"
Honestly, he was a bit afraid of Old Jia,
after all, abroad, they’re compatriots, and couldn’t despise each other too much.
But Old Jia was like a sticky plaster, not only annoying but also clingy. Once he’s latched on, it’s hard to shake him off.
"Mr. Jia said he just came over to take a look."
Li Bing frowned, puzzled as well.
Clearly, both he and Lu Liang didn’t believe that Old Jia just came over to look, without any ulterior motive.
It’s like a weasel wishing a chicken a Happy New Year, claiming to just take a look without other intentions.
"Ignore him, I doubt he can stir up anything."
Lu Liang didn’t bother to speculate on Old Jia’s intentions, instead introduced Li Bing to Wilson, Cruick, Jeffrey, and others.
Old Jia was akin to a stock hitting continuous limits down, still with backers, essentially averaging down, waiting for a rebound opportunity.
But he figured it was a dead end, as the voices predicted that LeEco would surely delist in the future.
Old Jia’s last refuge was gone too.
"Li Bing, this is Cameron Wilson, the head of JPMorgan’s investment department, and this is..."
Lu Liang smiled, bringing Li Bing along, introducing him to all his ’friends’ from Wall Street.
NIO was adamant about following the concept route, requiring long-term hype, which couldn’t happen without institutional support.
Lu Liang smiled and said, "Let’s get acquainted. If there are any actions in the future, let’s not drown the Dragon King’s Temple."
He knew the foreigners wouldn’t understand, and it was meant for Li Bing.
Should there come a day when an institution plans to hype, Li Bing must never announce a reduction in holdings for a small profit.
Panda is a lesson from the past; its market cap had once reached more than $20 billion, trapping many, making it hard to fall.
"Kamon, nice to meet you..."
Li Bing got the hint, started to boast about NIO’s battery swap stations project, and how they would become the two oil giants in the electric vehicle world.
The last time he came to New York to submit listing documents, he tasted the sweetness. Foreigners weren’t that smart after all.
On the contrary, the term ’dumb foreigners’ did have some truth to it.
Due to different business philosophies between the two countries, they were often more easily swayed.
Just like recently,
BlackRock suffered defeat in Big A.
They simply intended to invest, drive up the stock price, and then reap a wave at the right time.
But that group, they all wanted to sell their companies to them. It was unending, simply unending.
The world’s number one fund group could only buy at the mid-point.
Eventually, they could only cut losses and leave, declaring they’d never be involved in A-shares again in their life.
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