Font
Large
Medium
Small
Night
Prev Index    Favorite Next

Chapter 612: BYD listed

Just one month after Red Moon went public, BYD's electronics business was officially launched in Xiangjiang.

BYD Electronics' share price is 30 yuan per share, with a market value of HK$50 billion.

Many people think that the stock price of BYD Electronics is too priced and the valuation is much higher. After the stock is listed, the stock price will definitely fall back.

But reality taught all young people a lesson.

After BYD's stock price went public, it exceeded 50 yuan per share in just one week.

Many people think of the stock price trend before Red Moon went public, and believe that BYD's stock price has risen for a short time but the stock has just been listed. After that, the stock price will naturally slowly return to the normal valuation range, and the stock price will naturally fall.

Just as everyone was looking forward to the decline in BYD's stock price, M-China stock god Bafeter suddenly announced that he was very optimistic about BYD's future development and would invest 10 billion Hong Kong dollars to buy BYD's shares in the next few years.

As soon as the news came out, BYD's shares opened directly and opened high, and the stock price instantly broke through to 90 yuan. Then a large number of buying orders rushed in, and BYD's stock price moved towards the 100 yuan mark.

When BYD Electronics' valuation exceeded 150 billion Hong Kong dollars, all the investors were shocked.

They never thought that BYD's electronics business alone would be worth more than 150 billion Hong Kong dollars, so would BYD's automobile business exceed one trillion yuan?

When such thoughts came to the minds of those investors, they were all frightened by their own thoughts.

Although BYD Auto is currently developing well in the domestic automobile industry and is considered a leader in the industry, when it comes to the leading company, it is really not BYD Auto's turn.

When BYD Electronics' stock price exceeded 100 yuan mark, investors in the market divided their views on BYD into two factions.

Yipai is naturally a loyal fan and is firmly optimistic about BYD's future, so they allocated funds to buy BYD shares.

In their opinion, BYD Auto has not yet become the leader in the industry, and its electronics business has already had such a high valuation. Once BYD Auto becomes the leading company in the industry in a few years, the company's valuation will increase several times.

So buying at this time is profitable.

There are many people who have this idea. The more people in the market, more and more people are optimistic about BYD's shares. BYD's stock price is also popular with everyone. In just half a year, the stock price broke from 100 yuan to 200 yuan mark, and the stock price is even higher than Moutai.

While BYD Electronics' stock price continues to rise, there are still a group of people who keep calm minds. They believe that BYD Electronics' current stock price is definitely overvalued.

Although they don’t know whether BYD Auto will become a leading company in the automotive industry more than ten years later, nor do they know whether BYD Auto Company’s valuation would exceed one trillion yuan at that time.

But they are very clear that for BYD at this time, the valuation of 100 billion yuan is already very exaggerated to BYD Electronics. Now BYD Electronics' valuation is still rising, and even at its peak, its valuation has actually exceeded 300 billion yuan in market value.

So these people began to sell shares of BYD Electronics in the market.

But the result surprised everyone.

The share price of BYD Electronics actually rose from the issue price of 30 yuan to 200 yuan. It took only six months, which is a historical record in the Xiangjiang stock market.

Penguin's shares are not as awesome as BYD Electronics Co., Ltd.

Those who entered the market to short BYD Electronics' stock price when BYD Electronics was 100 yuan were all exposed. For a time, investors who shorted BYD Electronics were in a state of grief.

BYD Company Headquarters.

In a very large conference room, Wang Fu sat expressionlessly in the main seat of the conference room, while Lin Feng sat next to him, and there were also members of the BYD board of directors.

"Mr. Lin, you still have a high vision."

"It's right to listen to Mr. Lin's words. I was worried before that the stock price would be undervalued after BYD went public. Now that I see the stock price performance of our company, the worries in my heart have long disappeared."

......

......

At this time, the entire conference room was like a vegetable market. Everyone's eyes were concentrated on Lin Feng and they kept saying a lot of compliments to Lin Feng.

After all, BYD Electronics has its current stock price performance, and a large part of it is Lin Feng’s contribution.

Everyone here holds more or less shares of BYD Electronics. As the stock price keeps rising, the shares in their hands become more and more valuable, so they are still the ones who benefit.

Wang Fu, who was sitting in the first position, was very unhappy when he saw everyone's flattery towards Lin Feng, but he did not show it.

After all, he himself holds shares in BYD Electronics, and the continuous rise in stock prices has also increased Wang Fu's net worth a lot.

Fortunately, everyone has made money at this time, and no one cares about Wang Fu's attempt to stop BYD Electronics from going public. Otherwise, Wang Fu might have complained at this time.

"Mr. Wang, I didn't break my promise if I said anything."

Lin Feng smiled at everyone, then turned his head to look at Wang Fu next to him, with a strong smile hidden in his eyes.

At this time, when everyone heard Lin Feng's words, they immediately turned their eyes to Wang Fu.

Everyone here knows very well what Lin Feng just said means.

When Lin Feng proposed to list BYD Electronics, Wang Fu was fully opposed. If Lin Feng had not guaranteed in person at that time, the company's stock price would have performed well after listing. At the same time, when the stock god Bafeite would buy the company's shares, Wang Fu might have continued to block Lin Feng's plan to ask BYD to list.

When Wang Fu heard Lin Feng's words, his eyes swept across everyone's faces, and the expression on his face slowly sank.

"It's still Mr. Lin's daughter. I was stingy at the beginning."

Wang Fu looked at Lin Feng with a hint of smile on his face.

At this time, Wang Fu could not turn against Lin Feng directly. After all, Lin Feng is still the company's major shareholder and is also a hot commodity in the eyes of the directors.

At this time, Wang Fu suddenly felt a little regretful in his heart. He shouldn't have agreed to Lin Feng's request to acquire a stake in BYD.

But Wang Fu never thought that when BYD Electronics was blocked from its listing, if Lin Feng had not stood up to inject funds into BYD, BYD would not have had enough R&D funds and would not have achieved what it has today.

Lin Feng's eyes and Wang Fu's eyes looked at each other for a minute, then smiled, stood up and walked out of the conference room door.

"Now my promise has been met, so you must remember my conditions."

After Lin Feng left a sentence, he laughed and left the conference room.

After Lin Feng left, everyone in the conference room was filled with sad faces.

It turned out that Lin Feng's original condition was that if BYD Electronics' stock price performance was eye-catching, Lin Feng would start to slowly sell the shares he had three years after the stock was listed.

To be honest, no one wants Lin Feng to sell his shares in BYD.

After Lin Feng first acquired a stake in BYD, he not only brought sufficient R&D funds to BYD, but also brought Volkswagen's advanced automotive technology.

These situations were simply unimaginable by BYD in the past.

At that time, BYD did not have strong capital tycoons to support it. BYD's funds all needed Wang Fu to find a bank loan or borrow funds. Otherwise, when BYD Electronics' listing was blocked, Wang Fu would not be full of anxiety.

"Mr. Wang, Mr. Lin isn't really planning to sell the shares in his hands, right?"

At this time, a somewhat older director looked at Wang Fu and expressed his concerns.

"Do you feel very reluctant to leave BYD?"

Wang Fu looked at the director with a sharp look, and immediately made the other person's face turn green, and he obediently closed his mouth and didn't dare to speak.
Chapter completed!
Prev Index    Favorite Next