Reborn: Billionaire in College
Chapter 523 Renrengou Goes Public
June 6, Hong Kong time, 8 am!
Gao Songbin and his business team mortgaged the Hong Kong Stock Exchange hall on time, and Renrengou will be listed today.
Group buying started in 2008. After six years of hard work, Gao Songbin finally took Renrengou to the market. At this moment, he was filled with great joy, looking at the crowds in the hall, with unspeakable ambitions in his heart.
Having such a wonderful experience once in life is enough to talk about it for a lifetime.
"Hello, Mr. Gao. I am a reporter from Phoenix Finance. May I ask if Mr. Chen Pingjiang, the chairman of your company, is not here for your IPO?"
When the microphones were almost stuffed into Gao Songbin's mouth, he was awakened from the turbulent atmosphere just now.
Gao Songbin shrank back helplessly, then cleared his throat and said, "Director Chen has official business to attend to, so I will be in charge of the listing."
"Does Mr. Chen look down on the Hong Kong Stock Exchange or Renrengou?"
Facing a question from another small newspaper reporter, Gao Songbin frowned slightly and said unhappily, "I told you that Director Chen has official business to attend to. If you want to write something irresponsible, you might as well write that Director Chen despises your newspaper."
Gao Songbin naturally knew the reason why Chen Pingjiang didn't come.
On the one hand, there are too many opportunities to appear on camera, and he wants to leave the opportunity to the management team of Renrengou and give it to Gao Songbin.
On the other hand, there are also reasons for being low-key.
To be honest, Chen Pingjiang has become increasingly numb about the company's listing. He is not as excited as he was when Renren went public.
Today, he has some understanding of Xiao Ma's joke.
"I never liked money. I have no interest in money."
"The happiest days of my life were when I was a teacher with a salary of 90 yuan a month."
When the increase of wealth is just the jumping of a string of numbers in a bank account, and when you don’t even know how much money you have, you will feel more or less bored and gradually lose focus.
Fortunately, after many psychological constructions, Chen Pingjiang gradually found his goal again.
The time came to 9:20 in the morning.
Under the guidance of relevant staff, Gao Songbin walked onto the red carpet podium.
There was a big gong on the small podium with the "HKEX" logo on it.
As the gong sounded, the flash lights in the audience crackled, making people's eyes hurt.
Gao Songbin, the accompanying Renrengou employees, and many securities firm employees stared at the large display screen.
Renrengou opened at HK$72.9, up 69% from the issue price of HK$5.7.
"It's high! It's high!"
There was a burst of applause in the venue, and everyone breathed a sigh of relief.
Fortunately, nothing went wrong. If something had gone wrong, it would have been embarrassing.
As of 9:55 a.m., Renrengou's share price rose 6.59% to HK$73.55, with a market value of HK$4038 billion, surpassing JD.com and ranking fourth in China's Internet industry.
Ahead of it are Renren, Tencent, and Baidu!
Renren.com has a total market value of $3600 billion, ranking third in the global IT industry, just behind Microsoft's $3828 billion. Apple ranks first with a market value of $5673 billion.
It is worth mentioning that the market capitalizations of Apple and Microsoft have increased significantly this year, while Google has been suppressed by Renren.
Tencent has a market value of US$1358 billion, firmly sitting in the second place among domestic IT companies.
Baidu ranked third with US$799 billion.
After the listing ceremony, Gao Songbin brought people back to the Peninsula Hotel to hold a celebration banquet.
Although Chen Pingjiang did not come to Hong Kong, Shen Nanpeng did, and he ate a lot during this wave.
Ever since I followed Chen Pingjiang, I've been almost numb.
"Song Bin, I know what you are thinking. Do you think Meituan's size and performance should definitely surpass Baidu?" Shen Nanpeng said with a smile, "I think so too, but this is in Hong Kong stocks. In fact, if it were in the U.S., it might have already surpassed Baidu."
Gao Songbin smiled and shook his head: "I don't think so. Besides, what Mr. Chen said is quite right. American investors may not understand the group buying system. They don't have similar companies in their country. Maybe if Renrengou went there, it would be looked down upon."
"Who is not optimistic? Just listen to his nonsense."
"Haha, Mr. Shen, we've already gone public, why are you still talking about that? No matter where you go public, you can still develop. Look at Tencent, it's doing well, and it's also listed on the Hong Kong stock market."
As an investor, the goal is naturally to gain greater profits. In Shen Nanpeng's view, the premium for listing on the US stock market is definitely higher than that of the Hong Kong stock market, and it can better reflect the potential of Renrengou.
However, this option was never considered by Chen Pingjiang.
"I was just joking, don't go and sue me." Shen Nanpeng, realizing that he had said something inappropriate, quickly added.
Gao Songbin didn't care either.
The big boss had already told him the reason.
Renrengou’s business is somewhat sensitive. It has the addresses and phone numbers of hundreds of millions of people in China, and these must not fall into the hands of foreigners.
This is a matter of principle, and even Chen Pingjiang's bottom line.
If the investment institution does not agree, he would rather not go public.
…………
Just as everyone was having a celebration banquet and news about Renrengou's listing was flying all over the Internet, Chen Pingjiang just couldn't laugh.
After watching the listing of Renrengou through video link in the morning, he drove to Zhang Xinyue with a relaxed heart. At this moment, he was helping his daughter Chen Yi change her diaper.
Chen Pingjiang, who was in a good mood, refused Zhang Xinyue and Shi Xingmei's help and insisted on changing his daughter's diaper himself.
In fact, the reason he did this was also because he wanted to make up for his good daughter.
After all, Zhang Xinyue comes the least and spends the least time with the children.
The moment the diaper was opened, Chen Pingjiang felt a little regretful.
It’s so addictive. Too addictive.
I have several sons and daughters, and I have changed their diapers, but this is the first time I have to take care of my baby.
When the pungent smell came up, Chen Pingjiang almost couldn't hold it in and wanted to vomit into the trash can.
"What are you having for lunch?"
Zhang Xinyue covered her mouth and laughed at Chen Pingjiang's embarrassment. Shi Xingmei, one of the cheap mothers-in-law, changed her expression and hurried over to help: "Pingjiang, leave this matter to Xinyue and me. Your clothes are very expensive, don't get them on you."
"No, no, I haven't come for such a long time. I have to change my daughter's diaper today. Ugh!~"
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I tried hard to suppress the feeling of nausea, but I couldn't hold it back. The acid in my stomach was churning and was about to burst through my throat along my esophagus.
Chen Pingjiang couldn't bear it any longer and rushed to the toilet.
"Hehe!" Zhang Xinyue laughed sweetly at this scene, and even her complaints about Chen Pingjiang's less frequent visits in the past few months were reduced a lot.
"What are you laughing at, girl? Wasn't it the same when you changed for the first time? Besides, Pingjiang is a man who does big things. How could he have ever done such a thing?" Shi Xingmei complained.
Zhang Xinyue was speechless: "Mom, I am your biological daughter, why do you always speak in his favor?"
"I...if you say one more word, I'll hit you."
Over the past few months, their little family has not had a good time.
Shi Xingmei gave birth to a daughter, and she didn't think there was anything wrong with it. In fact, her mother-in-law favored boys over girls, and Shi Xingmei was extremely disgusted by it.
But when it was Zhang Xinyue's turn to give birth to a granddaughter, Shi Xingmei was actually not very willing.
There was no throne to inherit in my family before, but there is one now.
She was afraid that Chen Pingjiang would be dissatisfied, but fortunately Chen Pingjiang loved Chen Yi very much, which made her feel a little relieved. But even so, she still secretly urged her daughter to have a second child as soon as possible.
Shi Xingmei still felt a little regretful.
Regarding the relationship between her daughter Zhang Xinyue and Chen Pingjiang, she had originally planned to let the child meet Chen's parents after the child was born, but now she has lost much of that thought.
Chen Pingjiang's sudden arrival today brought a lot of laughter to this family.
After retching in the bathroom, Chen Pingjiang drank two sips of water before he recovered.
"When Chen Yi grows up, I will tell her what happened today and say that you dislike her." Zhang Xinyue, leaning against the door, reached out to take the water cup handed to her by Chen Pingjiang, and said with a smile.
Chen Pingjiang glared at her unhappily: "You are trying to sow discord between us mother and daughter."
Zhang Xinyue snorted and whispered, "Do I need to provoke you? How many times have you come since Chen Yi was born? I'm afraid you don't even remember what your daughter looks like."
These words might have had some effect on Chen Pingjiang in the past, leaving him with a not-so-small psychological burden.
But putting it in front of him would only make him sneer: "If you keep saying these sarcastic words, believe it or not, I will press you on the bed and spank you."
"Shh, keep your voice down." The thin-skinned Zhang Xinyue almost came up to cover his mouth, and then her face turned red.
Chen Pingjiang is now a typical example of a person who has no worries when he has too many lice.
Objective reasons determined that he could not always be with these women and children. Naturally, he felt guilty, but he could only make up for it with money.
"I wonder if the emperors in ancient times were like this too." Chen Pingjiang always thought to himself.
Fortunately, after having a child, Zhang Xinyue devoted almost all of her time and energy to the child, and as a result, she missed Chen Pingjiang less, so Chen Pingjiang didn't have to worry about him.
"Tomorrow night, ask Auntie to prepare a few more dishes. I'll ask my parents to come over to meet your parents and their granddaughter."
Zhang Xinyue, who was still blushing, was obviously stunned when she heard this, and her voice was piercing. "Really?"
Then there was a crisp sound.
Chen Pingjiang looked back and saw Shi Xingmei holding the bottle with a panicked look on her face, obviously she had heard it.
"Why would I lie to you? Don't you want to see him?"
"No, no, what I want to see is just..."
Just nervous!
Can you not be nervous?
I had developed our current relationship with Chen Pingjiang without knowing it, but in the end, I haven't even met my parents-in-law.
What Zhang Xinyue and Shi Xingmei care more about is how Chen Pingjiang's parents will treat their family.
It is no exaggeration to say that this indirectly determined the status of their family and even the child Chen Yi in the Chen family in the future.
The Chen family is certainly not a feudal family, but it is also considered a wealthy family at the moment! (End of this chapter)
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