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After the Divorce, I Could Hear the Voice of the Future-Chapter 578 - 571: The Concept of the Tianxing System
Chapter 578: Chapter 571: The Concept of the Tianxing System
Li Bing is so on point, Lu Liang feels very gratified.
He took one last look at NIO’s stock price and then left the Nasdaq Exchange.
Ten minutes after the market opened, the stock price slightly pulled back, with a market cap hovering around 10 billion US Dollars, so today will probably stay that way.
Unless there are remarkable achievements in the next six months, it will continue to decline slowly until it returns to its true value.
But in any case, this has set a good start for DiDi’s IPO the day after tomorrow.
After NIO’s IPO, Lu Liang holds only 9.5% of the shares, and after DiDi’s IPO, only 1.8% remains.
The value of the former’s shares is currently 980 million US Dollars, while the latter’s provisional stock value is 1.116 billion US Dollars.
Both are pretty good,
The return rate on the NIO investment is as high as 880% over two years.
The DiDi investment, although requiring more effort and currently only showing an 11.16% return rate, has potential gains not inferior to NIO.
Besides providing experience for Tianxing Car Machine, DiDi is also one of three super unicorn companies in the new era of the internet, the others being Byte and Meituan.
The TMD trio, one is completely controlled by Lu Liang, one has shares held by him and its General Manager was personally promoted by him.
Only Meituan has nothing to do with him, but it’s not bad, holding one and a half of the three.
Once Lu Liang builds up Tianxing Automobile, the domestic scenario of two superpowers dominating will become a tripartite confrontation.
The Ali System, Tencent System, and his Tianxing System.
After the lunchtime celebration party, Lu Liang returned to his ocean-view mansion in East Hampton.
Emma, being very considerate and obedient, went out early to dye her hair blonde, reverting to her United States sweetheart appearance.
There’s just a slight drawback; New York’s weather is similar to Modu’s, in April, it’s still quite chilly.
Which makes it impossible for Lu Liang to wear sunglasses, lie under a parasol, enjoying the sea view, beach, and beautiful women in comfort.
When Emma found out, she smiled slyly, knowing Lu Liang had a hard time coming over, she would try to get him anything, even the stars in the sky if needed.
She then heated the pool, changed into a swimsuit with fabric barely covering anything, walked in front of Lu Liang and said softly, "Didn’t you know us actors can really resist the cold?"
"But I can’t bear to let you catch a cold."
Lu Liang smiled as his fingertip slid across Emma’s slender waist, causing goosebumps to appear all over.
Emma shivered, gave him a coquettish glare, sat on Lu Liang’s lap, swaying her body intentionally or unintentionally, feeling the revival, she squinted with a smile: "It doesn’t seem to think so."
"Because it’s captivated by your charm."
At the ocean-view mansion in East Hampton, Lu Liang spent a debauched day and night.
Not until the next evening did Lu Liang return to the Old Te Hotel in the city center, waiting for DiDi’s IPO the next day.
Absence makes the heart grow fonder, it’s true, he likes Western girls largely out of curiosity.
If Emma were in the country, seeing each other every few days, Lu Liang might have gotten bored already.
He always considers himself a traditional man, for instance, he only likes East Asian beauties, and believes in having multiple wives.
The next morning at nine thirty, DiDi went public on the New York Stock Exchange with a size of 55.8 billion US Dollars, stock code IDID.
The offering price is 7.25 US Dollars, the size is indeed too large; a few IPO roadshows didn’t even create a premium.
The initial offering price was the same on the day of listing.
The several market-maker institutions responsible for DiDi seemed to have been taken advantage of for nothing, but handling large-scale enterprise IPOs has its benefits.
They can provide a savings pool for their funds, and they can also lend out stocks for short selling to earn interest.
The market-maker institutions responsible for issuing stocks are like banks, losing money is hard, there’s always a way to make money.
Thanks to NIO’s IPO the day before yesterday, even though the final closing increase was only 62.85%, it’s still 62% after all.
This drew coverage from the Wall Street Journal, New York Times, and various authoritative media, showering praises.
"The spring of Chinese concept stocks has returned."
"DiDi is the next Ali Jingdong."
"Threefold in three years, tenfold in five years, still hesitating?"
There are few retail investors in the US Stock Market, but it includes retail investors from all over the world and some small and medium-sized speculative funds.
This market is about big fish eating little fish, little fish eating shrimps, small and medium-sized speculators harvesting retail investors, but they will also be harvested by large institutions.
NIO’s size is too small, with a market cap of 10 billion US Dollars, only 1 billion US Dollars of circulating shares on the day of listing, the cake simply isn’t big enough to share.
But DiDi, being different, is scaled at 55.8 billion US Dollars, with 5.58 billion US Dollars of circulating shares on the day of listing.
There is quite a bit of room for maneuver.
Newly listed stocks indeed don’t have short-selling options in the short term, but that’s only for small and medium-sized investors.
Large institutions, they subscribed and were allotted a not insignificant amount of stocks during the IPO.
They can completely sign an agreement to borrow the stocks first and return them later.
And often the providers of short selling and the short sellers are two departments under the same investment bank.
Large institutions have an unparalleled advantage; they seldom focus on short-term returns, only comprehensive returns.
For example, losing one or two hundred million US Dollars in April is acceptable as long as they earn three or four hundred million US Dollars in May, as long as the average profit is good.
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DiDi is bullish in the long-term and doesn’t care about short-term gains, which makes room for manipulation.
At 9:30, DiDi officially landed on the New York Stock Exchange.
The opening surged by 12%, attracting retail and small institutions in, then it started to dive.
The K-line plunged directly downwards,
in the blink of an eye, the gain was only 2.5%.
Those who chased high were left crying, trapped for at least five or six points, more at eight or nine.
New stocks cannot be shorted, especially investors from Big A, as they are reminded of familiar scenarios.
They can only comfort themselves, telling themselves it’s all an illusion, that they’ve broken out of the cage.
At least buying today, they can still sell today.
The options left for them include cutting losses, not just restocking.
"Let’s go, have a meal, and go back in the afternoon."
Lu Liang snapped his fingers at Cheng Wei, signaling him not to pay too much attention to those chaotic matters.
They are all original shareholders, unable to sell a single share within six months, so there’s no point in watching now.
"Mr. Lu, do you think it will fall below the offering price today?"
Cheng Wei was reluctant, his face filled with worry.
The Xiaomi incident was still fresh in his mind.
But last year, Lei Jun did cash out 9.9 billion, yet DiDi still has no dividend plan.
If the stock price falls below the offering price, being scolded is one thing, but if they haven’t cashed out, that’s truly unfortunate.
"Absolutely not, just let them play." Lu Liang shook his head, revealing a mysterious smile.
Playing like this on the first day of listing has a premise, showing that they are optimistic in the long-term and plan to hold long-term.
Because those institutions providing short selling today are destined to lose, but as long as stocks are held long-term, paper loss will remain paper loss, instead of an actual loss.
Lu Liang smiled again, saying: "If the company needs money in the future, just go to the market for financing."
"After all, there are so many institutions inside, raising three to five billion dollars every year or so, is no big deal."
Cheng Wei suddenly understood and felt relieved as Lu Liang spoke.
Li Bing’s face showed full of envy,
he understood, it means different fates for different people.
The institutions plan to hold DiDi long-term, which is why they play like this, not minding short-term losses.
On the other hand, companies like NIO might play for two or three months, seize a moment and cash out directly to leave.
Leaving the market in chaos.
Just like Panda.
Except that Panda, because Lu Liang and the board members haven’t announced a reduction in holdings, the stock price remains relatively stable.
Li Bing looked at Lu Liang pitifully, as if he could see his thoughts, Lu Liang said with a smile: "I won’t reduce holdings for two or three years."
He’s still waiting for the day NIO’s market value approaches a hundred billion, that would be his best time to cash out and leave.
However, Lu Liang is not sure now if there will still be such an opportunity.
On the day when NIO’s market value was 98.3 billion US Dollars and Tesla’s was 1.2 trillion US Dollars, there was only a two-day gap.
Lu Liang has reason to suspect that the two might have some kind of linkage in the future, like Long Yi and Long Er in a sector.
And he is beginning to target Tesla, gradually eroding its aura, meaning NIO is very likely to get affected.
"Mr. Lu, you’re so optimistic about our NIO Automobile." Old Li was all smiles upon hearing this.
He greatly trusts Lu Liang’s vision, never expected in the increasingly competitive new energy industry, Lu Liang thinks NIO can survive for three more years.
Going by this perspective, NIO and their battery swapping station plan are very likely to stand out in the ever-changing market.
In the brutal business competition, especially in new industries, it’s not about efforts, but surviving is the winner.
In a real sense, we’re all striving to live, the winner is the king, and also the survivor is the king.
Lu Liang looked at him askew, speechlessly.
After lunch, the two headed to New York Airport, taking Lu Liang’s plane to return home.
The two companies have just gone public, both holding cash flows of billions and tens of billions of US dollars, they can both afford to buy a plane.
But if Li Bing dares to use the financing money to buy a plane, he would absolutely face the wrath of NIO’s investors overnight.
Cheng Wei is qualified, but previously, it was always Liu Qing who had the say at DiDi, his mentality hasn’t changed yet.
So the two decided to hitch a ride on Lu Liang’s plane.
"This flight goes directly to Tokyo, then, you guys need to buy your tickets to transfer domestically."
Tokyo and Modu are not far apart, but if there’s nothing important, Lu Liang is generally too lazy to go out.
However, once out, he embraces the mindset of coming all the way, taking the opportunity to drop by and have a look.
Wen Chao is still young; power should be caged and regulated, indulgence is a form of crime.
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