Li Bing is so on point, Lu Liang feels very gratified.
He took one last look at NIO's stock price and then left the Nasdaq Exchange.
Ten minutes after the market opened, the stock price slightly pulled back, with a market cap hovering around 10 billion US Dollars, so today will probably stay that way.
Unless there are remarkable achievements in the next six months, it will continue to decline slowly until it returns to its true value.
But in any case, this has set a good start for DiDi's IPO the day after tomorrow.
After NIO's IPO, Lu Liang holds only 9.5% of the shares, and after DiDi's IPO, only 1.8% remains.
The value of the former's shares is currently 980 million US Dollars, while the latter's provisional stock value is 1.116 billion US Dollars.
Both are pretty good,
The return rate on the NIO investment is as high as 880% over two years.
