Shares rose wealth Robin Li added 3.5 billion
5:00 Beijing time yesterday, Baidu's closing price reached 103.25 U.S. dollars, the minimum distance of 44 dollars, Baidu CEO Robin Li is one of the "paper wealth" to add as much as 3,500,000,000 yuan.
Listed on the day to close 122 U.S. dollars
In August last year, Baidu so as to the issue price of 27 U.S. dollars to apply for listing on the same day its share price soaring all the way, Mogao was 150 U.S. dollars, or up to 354 percent, a record over the past 20 years the city satisfied the new record. Crazy and in sharp contrast to shares, Baidu was only one-quarter profits 1,400,000 yuan, and while the market value of more than 4,000,000,000 U.S. dollars.
Baidu's magical performance of the company in its internal created hundreds of Regal. It is learned that even one of the front Miss Baidu, as a result of the purchase of Baidu shares, in one fell swoop into the millionaire level. Baidu as a co-founder and largest single shareholder, holding the hands of Robin Li Baidu's 22.9 percent stake, according to the market closing price on the day of 122 U.S. dollars terms, the wealth of Li reached 960,000,000 U.S. dollars, the finalists last year, Regal 10.
Shrunk 1 / 3 after the return to 100 U.S. dollars
Listing the beginning of the second day, Baidu shares from 122 U.S. dollars, all the way down to the minimum 44 dollars, has shrunk one-third of the market value of Baidu, Baidu's shares in the hands of the rich, one-third of the devaluation. Robin Li for this loss of wealth as much as close to 5,000,000,000 yuan.
Experienced in the hubbub, but also went through deserted, Baidu began to focus on increasing revenue, with the intention of high growth and attract investors confidence to return. Since then, in the first quarter of 2006, in the second quarter, third quarter financial results were significantly Piaohong, year-on-year growth of 100%. Despite its market-based instruments has been criticized by customers, but the color of the financial statements, or try for the shares of Baidu. From March of this year, Baidu slowly climbed from 44 U.S. dollars, was finally reached yesterday 103.25 U.S. dollars, and return to the market a year ago when the grand occasion.
