Rebirth of the Wild Age

In the afternoon, it was still night on the American side. Ding Ming made a call from overseas: "Lao Song, Sogou will ring the bell tomorrow."

"Are you tired?" Song Weiyang asked.

"Not bad." Ding Ming smiled.

Ding Ming has led his team to the United States for a month and a half. He did not like to speak in public, and did three consecutive weeks of ipo roadshows.

When he was in college, Ding Ming's English scores were good, but it was a pity that he belonged to dumb English, and his listening skills had deteriorated for many years after graduation. Ding Ming's performance in this ipo roadshow is similar to that of Rebs in another time and space, and he can't speak English. Faced with on-site questions from investors, he sometimes had to ask the team's cfo interpreter. The bad spoken language often made the scene laugh.

Sogou's current cfo is called Pei Yigen, who is an old acquaintance with Song Weiyang. In the original time and space, Pei Yigen has been working at Citi China, from a small staff all the way to Citi China's deputy president and general manager of the CTS department.

But the butterfly effect brought by Song Weiyang completely changed Pei Yigen's life trajectory. When Song Weiyang was still in college, the two belonged to Fudan alumni, so Pei Yigen worked as an account manager and financial consultant for Song Weiyang for more than two years. When Taurus Capital was first established, Pei Yigen was transferred to Hong Kong City by Citi China because of his relationship with Song Weiyang, where he was responsible for the business dealings of Taurus Capital.

Soon Pei Yigen quit. He first worked for Bahrain Bank Asia Investment Company (Hong Kong City), then was transferred to the mainland, and then was promoted and transferred to Singapore. Afterwards, he went to the United States to mix for two or three years, and received a master's degree in finance from Stanford by the way, during which he had been working at Credit Suisse First Boston.

About three years ago, Sogou's chief financial officer was incompetent. It happened that Pei Yigen was dug back by Citigroup and sent to China, so Ding Ming fooled him over and became Sogou cfo.

This time Sogou went to NASDAQ to go public, and Pei Yigen was in charge of ipo-related matters, and even the main underwriters were brought in by him, namely Citibank and Credit Suisse First Boston.

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

Sogou's stock code is sogo, and its total share capital after ipo is 65.2 million shares. It has an initial public offering of 5 million shares and plans to raise 150 million US dollars. After a series of negotiations, Sogou’s issue price was set at 28 U.S. dollars, and there were several rounds of inquiry before the opening. The opening price was determined at 70 U.S. dollars. Investors have a lot of confidence in Sogou.

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

Ding Ming and Pei Yigen were stunned on the spot. The news quickly spread back to China, and the Chinese media were also shocked to speak. The issue price of 28 US dollars, the opening price of 68 US dollars, rose to 128 US dollars in just one day, becoming China's most listed company in the United States.

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

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, representing a 354% increase on the day.

And Sogou, which was created earlier than Baidu in history, developed better, stronger, and had a bigger increase on the first day!

The reason for this situation is, in the final analysis, Google's success.

Google's share price has soared to nearly $300, and search engine stocks are therefore considered to have huge potential. As the number one search market share in China, Sogou is naturally favored by investors. If you change Sogou to the U.S. before Google’s skyrocketing price, it is very likely that it will drop below the issue price that day, because there is no successful precedent before Google.

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

Sogou's performance has reached the A-share listing standard, but A-shares have been miserable in the past two years. When the Shanghai Composite Index fell to 1,300 points last year, investors believed that the sky had collapsed. This year, the Shanghai Composite Index fell below 1,000 points instead of using various official policies to rescue the market. How do you collect money in the face of a super bear market?

How nice it is to go to the United States to borrow the east wind from Google!

On the first day of trading alone, Sogou’s market value soared to 8.369 billion U.S. dollars, Song Weiyang’s net worth soared to 5.5 billion U.S. dollars (including Song Weiyang’s shares in Sogou through Taurus Capital), Zhang Chaoyang’s net worth also increased by 150 million U.S. dollars, Ding Mingze Become a monopoly with assets of nearly $1.6 billion.

In the Forbes China Rich List at the end of this year, Zhang Chaoyang's ranking will definitely rise several places, and Ding Ming is 100% directly into the top ten!

Baidu headquarters.

Li Yanhong hung up the phone and stared at the ceiling in a daze. The shareholders are forcing him to speed up the progress of the ipo again. This is really no way. If he does not hurry to go public, he will be fired by the shareholders, and it is possible to 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.

Any ab share model is nonsense, and that thing must be listed before it takes effect. Companies that are not listed on the ab share model are not recognized by the laws of any country unless they have signed relevant agreements.

It's a pity that Baidu's current development situation is far worse than that of another time and space. It is fully qualified to go to the United States for listing, but it will certainly not meet expectations, and it is unlikely that there will be an increase of more than 300% on the first day.

But in order to control the company, Li Yanhong must go public as soon as possible, so that Baidu's bull card plan (ab shares) will take effect as soon as possible.

...

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

The next day, well-informed media reporters rushed to block Sogou's door after hearing the wind.

"President Ding, Sogou has achieved unprecedented success in this listing. Did you anticipate it in advance?"

"Mr Ding, based on Sogou's current stock price, your personal assets have almost reached 1.8 billion U.S. dollars. What do you think is different from before?"

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

"President Ding, how far do you think Sogou's stock price can rise this year?"

"President Ding..."

Ding Ming was surrounded by groups as soon as he arrived at the company. After a dumbfounded look, he quickly smiled and said, "Thank you, everyone. Since my friends in the media are so enthusiastic, I will hold a special press conference to answer your questions. Today Forget it, I have been abroad for nearly two months, and I just came back yesterday, and there is still a lot of work to be done. Three days later, everyone will come again in three days. I am extremely sorry today!"

After finally persuading the reporters to leave, Ding Ming came to the company with a sweat, and Sogou headquarters staff applauded and welcomed him.

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 multimillionaires. Of course, it's not the U.S. dollar, it's the renminbi.

Mr. Zhang Chaoyang, a well-known film and television investor who has successfully entered the entertainment circle, also rushed back from other places. He opened his arms very exaggeratedly, and smiled and hugged Ding Ming: "Mr Ding, this trip has been hard, I will treat you tonight!"

"Then it will cost Brother Zhang." Ding Ming didn't refuse, he was so happy.

Zhang Chaoyang is naturally very happy. Sogou has never been in control, but he is the fourth largest shareholder after Song Weiyang, Jinniu Capital, and Ding Ming. Now his wealth has risen by US$150 million out of thin air.

It's no different from picking up $150 million for nothing!

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 company's founders, Zhang Chaoyang's stock cannot be cashed out in the short term unless an investment institution is willing to take over the offer at a high price. His money belongs to book wealth, and he has to wait two or three years to fully realize it, and then he doesn't know whether it will fall or rise.

Ding Ming didn't want to work normally today. Even though most of the calls were blocked by the assistant, there were still 20 or 30 Hexi calls to his personal mobile phone.

Except for Daoist Nie Jun, the brothers in the former dormitory have called over these days.

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

There was another call. Ding Ming checked the number and answered, "Dad, what's the matter?"

Ding Daguo asked: "Whenever you are free, go back to your hometown."

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

"That's OK, I'll be back on National Day." Ding Daguo smiled.

Ding Ming quickly warned: "I'm just going home to visit relatives, don't let me see your business friends."

Ding Da Guodao: "Not a business friend, but Secretary Zhang in the city. We are here to attract investment and build a digital city. Your father and I have also participated in the investment. Now the opening time has not been determined. You will open on National Day when you come back from National Day. Secretary Zhang personally Go and cut the ribbon. You must come by then, and don't drop me a pigeon!"

Ding Ming said speechlessly: "You are a building material hardware, what digital city do you invest in?"

"My son is already a billionaire (RMB) in the Internet. Why can't I invest in the digital city when I'm a man?" Ding Daguo laughed.

"Fine, I will definitely participate when the time comes," Ding Ming was so annoyed that he warned, "Okay, let's not take it as an example. Let's do our own business."

Ding Daguo spoke in English: "Ok, no problem."

The world knows that Ding Ming's hometown has long been a sensation.

Even the newly-built digital city project in the city urgently recruited Ding Ming's father as a shareholder. Although only one share was lost, the publicity stunt in exchange for it was huge.

For Ding Daguo, someone rushed to give him money, and he couldn't get so many shares with his little investment. There is no negative impact on this matter, as long as his son shows up on the opening day, he can solve the rest by himself.

This has always been the case with Hongdingbai. When you are in trouble, there will be countless people stepping on it. And when you are well developed, people you don’t know come to icing on the cake, wishing to worship you as a brother.

There are not many business affairs today, but his heart is very tired. Ding Ming couldn't help calling Song Weiyang: "Old Song, I have a question for you."

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

"Don't be nonsense, I'm annoyed." Ding Ming said angrily.

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

Ding Ming said: "Although Sogou did a great deal in the past, I was relatively low-key, so I wouldn't have so many messy people and things bothering me. These two days have been particularly annoying. Sogou's stock price has skyrocketed. Everyone came to congratulate me, my assistant. My phone calls are almost blown up. My dinner schedule this week and next week is all up, and it’s all for me to celebrate ~www.wuxiamtl.com~ It’s more tiring than normal work."

Song Weiyang said: "I don't know how to make a fart, just ignore them."

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

Song Weiyang said: "You, it's the same as when you were studying, for fear of offending someone. You are now the boss of a listed company, and you should change your mentality. If you can't save face, let your assistant tactfully refuse, saying that you are going to go on a business trip. "

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

"What should you do?" Song Weiyang said.

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

"Congratulations," Song Weiyang asked, "Is the bride who came out of the laboratory with the rabbit to eat?"

Ding Ming said with great pride: "That's her. She joined a life science laboratory in the United States. This time I went to the Ipo road show in the United States and accidentally made her belly bigger. If you don't get married, she also decided to return to China and wait. After giving birth to develop in the country."

"Haha, it's a trap. Congratulations on entering the grave of love." Song Weiyang gloated.

One hour later.

Song Weiyang received a call from Chen Tao: "I'm pregnant and just came out of the hospital. The doctor said that the baby was eight weeks old and he should have been pregnant in Hong Kong."

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

Chen Tao said: "I am going to give birth. It doesn't matter if you don't recognize it. I can feed it myself. The child will not inherit your assets in the future. I have assets left to him (her). So let's hang up!"

What the hell?

Before Song Weiyang had time to speak, Chen Tao had already hung up the phone.

I didn't say that I didn't admit it, why are you so excited? Do pregnant women have such a weird temper?