Reborn since 1993

Chapter 651 The Battle between the Two Lis
After the opening, the stock price of Feiyan Technology began to rise. This was obviously because many people like Robinson rushed in and bought Feiyan Technology stocks.

The stock price of Feiyan Technology was directly pulled up from US$9 to US$9.57, and excited cheers continued to be heard in the Nasdaq trading hall.

But Li Dongling noticed that Dixon, the Citi representative who was responsible for backing Feiyan Technology today, had a somewhat forced smile on his face.

Based on the experience of industry veterans, if Feiyan Technology’s stock price does not soar significantly at the beginning, it means that most people are waiting and watching.

As a result, the share price of Feiyan Technology today is unlikely to rise too much, and it will not double like Netscape and Yahoo did on their IPO days.

"Falled!"

Just as Feiyan Technology was about to reach the $10 mark, the stock price suddenly began to plummet. For a moment, curses began to rage in the trading hall.

"It's just a normal technical adjustment, no need to worry!"

Dixon seemed to be explaining to Li Dongling and Yao Luoying, but in fact, he was also telling the surrounding media and reporters not to report blindly.

"Li, it seems that Wall Street doesn't trust Feiyan Technology very much!"

Jim Clark looked at the fluctuating share price of Feiyan Technology and said to Li Dongling with a smile.

As the leader of Silicon Valley and even the global Internet, Jim Clark is not only the head of Netscape, he actually also represents Silicon Valley and acts as the Internet spokesperson in Washington.

Jim Clark is very close to the Donald Trump Party. To a certain extent, the Internet forces in Silicon Valley are all pro-Donald Trump Party. However, the current Internet forces are still far from being able to compete with the old money in the American military, oil, banking, and medicine industries.

This year was Netscape's peak moment and also Jim Clark's most powerful year. From then on, Microsoft started to act like a rogue and bundled its own IE browser with Microsoft systems. Netscape was defeated by the rogue tactics and was eventually sold.

Of course, Jim Clark was no paper cutie. Before selling himself, he also disgusted Microsoft by suing it for antitrust and almost splitting it up.

Unlike those people in Silicon Valley who only study technology, Jim Clark, who has transformed himself into the boss of Silicon Valley, is deeply involved in Washington and Wall Street and knows all the ins and outs there.

Seeing the stock price of Feiyan Technology jumping up and down, Jim Clark understood that the institutions on Wall Street actually still did not have much trust in this company founded by mainlanders, and were not willing to easily come forward to support Feiyan Technology.

Hearing Jim Clark's words, Li Dongling remained calm, "One day they will know who is one of the best technology companies on Nasdaq!"

Jim Clark just laughed at what Li Dongling said, but he was not too surprised. He knew about Li Dongling and Dongling Hi-Tech's behavior.

It is clear that with Li Dongling's previous ability to make big promises and the American Dream hyped by Himalaya Radio, the current game surrounding Feiyan Technology's stock price will not suppress Feiyan Technology for long. There is no need to worry that Netscape will not be able to get its 4.5% stake in Feiyan Technology back.

Seeing that the stock price of Feiyan Technology had been jumping up and down for more than an hour and was unable to break through ten dollars, Dixon finally couldn't help it and got up to make a phone call.

Afterwards, it was obvious that buyers began to enter the market and started to purchase Feiyan Technology's shares in large quantities. Various investment institutions and small and medium-sized investors who were waiting and watching finally couldn't help but start to get involved.

These people are not stupid, they are just waiting to see if anyone is supporting Feiyan Technology. Seeing that the stock price cannot fall and someone is supporting it, it means that it will definitely go up, so they all started to enter the market at once.

Seeing that Feiyan Technology's stock price broke through the ten-dollar and eleven-dollar mark, Yao Luoying finally breathed a sigh of relief, and a round of applause broke out in the trading hall.

Until the closing of the market, Feiyan Technology finally ended its "ordinary" first day of listing. This was compared with Yahoo's listing day, when Yahoo's stock price rose from US$13 to US$33, a single-day increase of 150%.

Compared with the performance of Yahoo's stock price, Feiyan Technology's stock price closed at 12.78. Compared with the opening price of 9 US dollars, the stock price can only be considered to have "barely" increased by 42%, and the market value exceeded 21.3 billion US dollars!
The media outlets, which had been waiting for the market to close, immediately reported Feiyan Technology's listing performance to their respective media outlets.

"Feiyan Technology, the parent company of Himalaya Radio, completed its IPO today. Feiyan Technology's fourth quarter revenue exceeded US$2.2 million, and its full-year revenue is expected to exceed US$8.7 million, making it the world's largest Internet company in terms of revenue!"

Citigroup and Sequoia Capital had already bought a press release from the New York Times through a public relations company, and they were the first to release the news about Feiyan Technology.

"The market value has exceeded 21 billion US dollars, and Feiyan Technology has become the world's second largest Internet company after Netscape!"

The Wall Street Journal also reported that although Feiyan Technology's stock price performance today can only be described as mediocre, the large market cap at the time of listing still allowed Feiyan Technology to be one step ahead of Yahoo and become the first to enter the Internet club with a market value of 2 billion.

Phoenix TV in Hong Kong was also the first to report the news of Feiyan Technology's listing back to Hong Kong.

"Here is the financial news, the latest report from our Taiwan Ambassador to America Bai Wenxi.

Inland Hanxi Feiyan Technology Co., Ltd. completed its listing on NASDAQ today, with a market value of over US$21.3 billion, or about HK$165 billion, becoming the world's second largest Internet company. Its founder, Li Dongling, one of the top 35 richest men in Asia, holds a 57.75% stake in Feiyan Technology through Dongling Hi-Tech, and his net worth soared by HK$ billion in a single day!
In addition, Li Dongling is also an investor in Yahoo, the world's third largest Internet company. Li Dongling has become the king of Internet investment in Asia!"

When Phoenix TV in Hong Kong City released the news about Feiyan Technology's listing, it was like a bolt from the blue to the entire Hong Kong City.

His net worth skyrocketed by nearly HK$58 billion in one day. Even for Hong Kong, where various child prodigies keep emerging, this is quite irritating.

For the first time, the concept of the Internet has fully entered the perspective of people in Gangcheng. For Gangcheng, what they see is the overnight wealth brought by the Internet!
"So Mr. Wang, what do you think of Feiyan Technology? Do you think the Hanxi Li family's worth can surpass the Gangcheng Li family in the future?"

A financial program on TVB was originally analyzing stocks, but a sudden piece of news from America caused the financial program to temporarily analyze Feiyan Technology.

Because it was a hot topic. Ever since they started talking about Feiyan Technology and the two wealthy Li families, the director saw that the ratings began to soar, so naturally he let them talk about it to their heart's content.

Mr. Wang, an analyst at a securities company, who was asked by the host, said, “Since the second half of this year, both the Gangcheng Li family and the Hanxi Li family have increased their investment in the technology sector.

The Hong Kong Li family bet on telecommunications and invested in British Orange Telecom, and their net worth increased by HK$90 billion!
The Hanxi Li family has bet on the Internet. Not only does they own Feiyan Technology, they also hold shares in Yahoo. Calculated based on the market value of the Yahoo shares they hold, it is equivalent to 16 billion Hong Kong dollars. The Hanxi Li family has earned 74 billion Hong Kong dollars in profits from the Internet industry!

From the current perspective, the Gangcheng Li family is slightly better. This year, the Hanxi Li family may not be able to replace the Gangcheng Li family.

However, compared to other wealthy families in Asia, the Hong Kong Li family and the Hanxi Li family are already the fastest growing wealthy families, and the other wealthy families can hardly catch up!"

The dispute between the two Lis!

When the Hong Kong media started reporting on the incident, they all used this term.

Judging from the market conditions in the second half of this year, among Asia's wealthy families, especially the Chinese, the net worth of the Hong Kong Li family and the Hanxi Li family, who have invested in technology companies, has soared the fastest.

The net worth of these two companies could easily increase by tens of billions of Hong Kong dollars in a single day. Their net worth soared much faster than those wealthy people who deal in jewelry, ships, rubber and real estate!

Many Hong Kong media have begun to speculate that the position of the future Asia's richest man, and even the world's richest Chinese, will probably enter an era of competition between the two Lis. It depends on whether the Hong Kong Li family is more experienced or the Hanxi Li family is more skilled.

……

In the fortress-like mansion under construction by the Li family of Changjiang in Hong Kong City, the thief of the century kidnapped the eldest son of the Li family. Boss Li of Changjiang spent 1 billion Hong Kong dollars to redeem the man. After that, Boss Li began to build his mansion into a fortress.

Not only Boss Li, but other wealthy people in Hong Kong City are also like this. Because wealthy people in Hong Kong City have been kidnapped one after another, all the wealthy people in Hong Kong City are in danger.

Hong Kong will be returned to China next year and the British are evacuating. Hong Kong is currently in the most chaotic period with all kinds of rumors and monsters emerging one after another.

The security market began to become extremely hot in Gangcheng. Factories, shopping malls, residences, wealthy people, stars, and celebrities in Gangcheng all began to hire security guards. The business of Gangcheng security companies began to flourish. The Yaan Security Company built by Li Dongling in Gangcheng also received continuous orders.

"Jian Ning, thank you for your hard work in England!"

At the Changjiang Li family, Mr. Li, who is over 70 years old, played golf for more than an hour and then prepared to have dinner with Huo Jianning, who had returned to Hong Kong from England.

By investing in Orange Telecom in the UK, Huo Jianjian turned Orange Telecom from a small, second-rate telecom company into the third-largest telecom company in the UK. It also went public this year, causing the net worth of Mr. Li of Changjiang to soar by HK$90 billion in one day.

Huo Jianning helped the Changjiang Li family complete an important step in internationalization and was definitely the right-hand man of Boss Li.

"These are what I should do!"

Facing Boss Li, Huo Jianning was very respectful. He had outstanding abilities, but these were based on the vision of the people in front of him.

It was Mr. Li from Changjiang who bet on 2G communications and asked Huo Jianning to do it, which led to the development of Orange Telecom today.

Boss Li of Changjiang was in a very good mood today. He asked the nanny to cook a few more dishes. He also talked to Huo Jianning about his daughter.

Just as they were about to go to the restaurant for dinner, a report on the TVB channel attracted their attention.

When Huo Jianning saw the news that Feiyan Technology went public and Li Dongling's net worth increased by 58 billion Hong Kong dollars, he was also a little surprised.

(End of this chapter)