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663 【Schadenfreude】

In the afternoon, it was still evening in the United States. Ding Ming called across the ocean: "Old Song, Sogou will ring the bell tomorrow."

"Are you exhausted?" Song Weiyang asked.

"It's okay." Ding Ming smiled.

Ding Ming has led his team to the United States for a month and a half. He doesn't like giving speeches in public and has done an IPO roadshow for three weeks in a row.

When he was in college, Ding Ming's English score was good, but unfortunately he was a dumb English. After years of graduation, his listening level had deteriorated. Ding Ming's performance in this iPo roadshow was similar to that of Rebs in another time and space, and his English was stuttering. When facing investors' on-site questions, he sometimes had to ask the team's CFO translator. His poor spoken language often made him laugh.

Sogou's current CFO is Pei Yigen, and he is an old acquaintance with Song Weiyang. In the original time and space, Pei Yigen has been working in Citi China, climbing from a small staff member to Citi China's vice president and general manager of the cts department.

However, the butterfly effect brought by Song Weiyang completely changed Pei Yigen's life trajectory. When Song Weiyang was still in college, the two were both Fudan alumni, so Pei Yigen worked as Song Weiyang for more than two years and financial consultant. When Taurus Capital was just established, Pei Yigen was transferred to Hong Kong City by Citi China because of her relationship with Song Weiyang, and was specifically responsible for Taurus Capital's business transactions.

Soon Pei Yigen changed jobs, first working at the Asian Investment Company of Bahrain Bank (Hong Kong City), then transferred to mainland China, and then promoted to Singapore. Then, he went to the United States for two or three years, and obtained a master's degree in finance from Stanford, and worked in Credit Suisse No. 1 Boston during this period.

About three years ago, Sogou's chief financial officer was unable to be competent. Pei Yigen was poached by Citi and sent to China, so Ding Ming fooled this person as Sogou cfo.

This time Sogou went to Nasdaq to go public, Pei Yigen was responsible for the matters related to IPO. He even contacted the main underwriters, namely Citibank and Credit Suisse First Boston.

On June 20, 2005, Ding Ming rang the bell on the Nasdaq.

Sogou's stock code is sogo, and the total share capital after ipo is 65.2 million shares, 5 million shares are issued for the initial public offering, and plans to raise US$150 million. After a series of negotiations, Sogou's issuance price is set at US$28, and before the opening, there were several polling prices, and the opening price was set at US$70. Investors are very confident in Sogou.

Just one hour after opening, Sogou's stock price soared to $68, closing at $128.37 on the first trading day.

Ding Ming and Pei Yigen were shocked on the spot. The news quickly came back to China, and the Chinese media were shocked to speak. The issue price of US$28 and the opening price of US$68 rose to US$128 in just one day, becoming the company with the highest stock price listed in China in the United States.

This situation is a bit like Baidu in the original time and space.

At that time, Baidu's issue price was US$27, the opening price was US$66, the highest price on the first day was US$151, and the closing price on the first day was US$122, with an increase of 354% on the day.

Sogou was founded earlier than Baidu in history, developed better, had stronger strength, and had a larger increase on the first day!

The reason for this situation is ultimately Google's success.

Google's stock price has soared to nearly $300, so search engine stocks are considered to have great potential. Sogou, the number one search market share in China, is naturally favored by investors. If Sogou is listed in the United States before Google soars, it is very likely that it will fall directly below the issue price on the same day, because there was no successful precedent before Google.

As for why it is not listed on China's A-share market?

Sogou's performance has met the A-share listing standards, but A-shares have been too bad in the past two years. When the Shanghai Composite Index fell to 1,300 points last year, investors thought the sky had collapsed. This year, various official policies have saved the market, and the Shanghai Composite Index fell below 1,000 points. How can you make money in the face of a super bear market?

How great is it to go to the United States to borrow Google’s east wind!

On the first day of the opening alone, Sogou's market value soared to US$8.369 billion, Song Weiyang's net worth increased by US$5.5 billion (including Sogou shares held by Song Weiyang through Taurus Capital), Zhang Chaoyang's net worth also increased by US$150 million, and Ding Ming became a mogul with assets of nearly US$1.6 billion.

At the end of this year, Zhang Chaoyang's ranking will definitely rise by several places, and Ding Ming will enter the top ten directly with 100%!

Baidu headquarters.

Li Yanhong hung up the phone and stared at the ceiling in a daze. The shareholders forced him to speed up the progress of the iPo. There was really nothing we could do about this. If he didn't go public quickly, he would be fired by the shareholders, and it would be possible that he would be directly removed from the CEO position.

Because Baidu's major shareholder is not Li Yanhong himself, several rounds of financing have diluted the shares too much.

All A-share model is nonsense, and that thing must be listed before it takes effect. Companies without listed companies will not be recognized by the laws of any country - unless relevant agreements are signed.

Unfortunately, Baidu's current development status is far less than that of another time and space. It is fully qualified to go public in the United States, but it is definitely not possible to meet expectations, and it is impossible to increase by more than 300% on the first day.

However, in order to control the company, Li Yanhong must go public as soon as possible to make Baidu's Niuka plan (ab shares) take effect quickly.

...

On June 28, Ding Ming led his team back to China.

The next day, a well-informed media reporter, Wenfeng, rushed to block Sogou's door.

"Mr. Ding, Sogou's listing has achieved unprecedented success. Did you expect it in advance?"

"Mr. Ding, with Sogou's current stock price, your personal assets are almost reaching US$1.8 billion. What do you think is different from before?"

"Mr. Ding, will Sogou develop overseas markets in the future?"

"Mr. Ding, how much do you think Sogou's stock price will rise this year?"

"Mr. Ding..."

Ding Ming was surrounded by Tuantu as soon as he arrived at the company. After a confused look on his face, he quickly smiled and said, "Please give it to me. Since the media friends are so enthusiastic, I will hold a press conference to answer your questions in a concentrated manner. Forget it today. I have been abroad for nearly two months and just came back yesterday. I still have a lot of work to deal with. Three days later, and everyone will come back in three days. I am very sorry today!"

After finally persuading the reporters away, Ding Ming came to the company with a heavy blow, and the Sogou headquarters employees applauded and welcomed them.

Sogou's listing this time not only caused Song Weiyang, Ding Ming and Zhang Chaoyang's wealth to soar, but also gave birth to dozens of millionaires and several millionaires. Of course, it is not the US dollar, it is about the RMB.

Mr. Zhang Chaoyang, a famous film and television investor who successfully entered the entertainment industry, also rushed back from another place at this time. He opened his arms very exaggeratedly and smiled and hugged Ding Ming: "Mr. Ding, thank you for your hard work this time. I'll treat you tonight!"

"Then let Brother Zhang spend money." Ding Ming did not refuse, and he felt very happy.

Zhang Chaoyang was naturally very happy. He had never cared about Sogou, but he was ranked among Song Weiyang, Taurus Capital, and the fourth largest shareholder after Ding Ming. Now his net worth has increased by US$150 million out of thin air.

It's no difference from picking up 150 million US dollars for free!

Well, it’s more than 150 million. With the rise of Sogou’s stock price, it has now exceeded 160 million.

However, as one of the founders of the company, Zhang Chaoyang's stocks are not allowed to be cashed out in the short term unless an investment institution is willing to take over at a high price. All of his money is wealth on the books, and if he wants to cash out completely, he has to wait for two or three years. At that time, he doesn't know whether it is a decline or a rise.

Ding Ming couldn't think of working normally today. Even though most of the phones were blocked by his assistant, there were only twenty or thirty congratulatory phone calls to his private cell phone.

In addition to Taoist Principal Nie Jun, the brothers in the dormitory have called over the past few days.

Especially Zhou Zhengyu, this kid chatted with Ding Ming for half a night last night and said that he would fly to the capital for dinner on the weekend.

Another phone call came, Ding Ming looked at the number and answered, "Dad, what's wrong?"

Ding Daguo asked: "When you have time, just go back to your hometown."

"Go back to Mid-Autumn Festival or National Day." Ding Ming thought for a while and said.

"Then I agreed to come back on National Day." Ding Daguo said with a smile.

Ding Ming quickly warned: "I agreed to go home to visit my relatives, so don't let me meet your business friends."

Ding Daguodao: "I am not a business friend, but Secretary Zhang from the city. We are attracting investment here and we want to build a digital city. Your father and I have also participated in the investment. The opening time is not yet set. You will open on National Day when you come back from National Day. Secretary Zhang will go to cut the ribbon in person. You must come at that time, don't put pigeons on me!"

Ding Ming said speechlessly: "Why are you a building material hardware investing in a digital city?"

"My son is a billionaire in the Internet business. Why can't he invest in Digital City if he is a man?" Ding Daguo said with a smile.

"Okay, okay, I will definitely participate when the time comes," Ding Ming was so annoyed that he warned, "I've agreed, let's not take the example, we will do our own business."

Ding Daguo said in English: "Okay, no problem."

The world became rich overnight, and Ding Ming’s hometown had already caused a sensation.

Even the newly built digital city project in the city urgently absorbed Ding Ming's father as a shareholder. Although there was only a little bit of shares, the publicity gimmicks received were very big.

For Ding Daguo, someone was rushing to give him money, but he couldn't get so many shares with his investment. There was no negative impact on this matter. He just needed to show his face on the day of opening the business and he could solve the rest himself.

This is always the case with the red top white. When you are in trouble, countless people will step on it. When you are well developed, people you don’t know will come to add icing on the cake, and you wish you could be your brother.

There is not much serious work today, but I feel very tired. Ding Ming couldn't help calling Song Weiyang: "Old Song, ask you a question."

"What's the matter? Mr. Ding." Song Weiyang joked.

"Don't talk nonsense, I'm annoyed." Ding Ming said in anger.

Song Weiyang said: "Is it annoying to be a billionaire?"

Ding Ming said: "Although Sogou did a lot in the past, I was relatively low-key, so there were not so many messy people and things to bother me. I have been very annoyed these two days. Sogou's stock price soared, and everyone came to congratulate me. My assistant's phone number was almost blown up. I have been having an appointment this week and next week's dinner schedule, and I celebrated it all. It was even more tiring than normal work."

Song Weiyang said: "I'm not very familiar with me and I'm just asking for a fart, don't pay attention to them."

"You want to offend people." Ding Ming said.

Song Weiyang said: "You are still the same as when you were studying, afraid of offending someone. You are the boss of a listed company now, and your mentality should be changed. If you really can't hide your face, you let your assistant politely refuse and say you are going on a business trip in another place."

Ding Ming was quite curious: "You are a super rich man, how do you keep your mindset?"

"What should I do," said Song Weiyang.

Ding Ming smiled and said, "Okay. After the dinner in the past half month is over, I will learn to refuse, regardless of those cats and dogs. By the way, I decided to get married within this year and am choosing a life now."

"Congratulations," Song Weiyang asked, "is the one who brought rabbits out of the laboratory to eat?"

Ding Ming said proudly: "It was her. She joined a life science laboratory in the United States. This time I went to the IPO roadshow in the United States and accidentally made her belly bigger. It would not work if she didn't get married. She also decided to return to China and develop in China after giving birth."

"Haha, I'm trapped, congratulations on entering the grave of love." Song Weiyang gloated.

One hour later.

Song Weiyang received a call from Chen Tao: "I am pregnant and just came out of the hospital. The doctor said that the child is eight weeks old and should be pregnant in Hong Kong City."

"Uh..." Song Weiyang was speechless for a moment.

Chen Tao said: "I am going to be born, it doesn't matter if you don't recognize me. I can support you myself. The child will not inherit your assets in the future. I have the assets left to him (her). That's it, I'll die!"

What the hell?

Before Song Weiyang could speak, Chen Tao had already hung up the phone.
Chapter completed!
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