Internet moguls are being held hostage by the entertainment system!

Chapter 392 Wang Xin treats everyone to a meal at Li Auto.

After having dinner at home, Chen Xiu walked the dog in the yard and stayed in the study until 11 o'clock before going out to keep her appointment.

The person who invited him to lunch to discuss matters was none other than Wang Xin, who was about to reach the pinnacle of his life.

Whether it was just her imagination or not, when Chen Xiu saw Wang Xin at the hotel, she felt that the hair on his already balding head had thinned even further...

Have you considered getting a hair transplant?

"what?"

Wang Xin looked at Chen Xiu with a blank and surprised expression, completely unexpected that the first thing they said to each other after not seeing each other for many days would be about his hair.

Chen Xiu explained matter-of-factly: "I know another person who made money after his company went public. The first thing he did was buy a luxury car and then get a hair transplant. He looked more than ten years younger instantly."

"This person must be a very superficial person."

Wang Xin's insightful comments, in a sense, were not wrong.

Chen Xiu shrugged: "So you don't care much about your image?"

"Of course I'm paying attention, he really does look so much younger..."

Seeing the mockery on Chen Xiu's face, Wang Xin, realizing what was happening, clicked his tongue listlessly and said reproachfully, "No, I invited you over for dinner today not to discuss hair!"

"Alright! So, what would you like to talk about?"

After making a joke to ease the tension, Chen Xiu wisely changed the subject.

"Meituan is about to IPO, and you, as the founder and major shareholder, are not busy with roadshows and work, but have time to see me, a minor shareholder?"

"Yes, I wanted to confirm the itinerary with you."

Wang Xin stopped and looked uncertainly at Chen Xiu, whose expression had suddenly changed.

"You weren't originally planning to leave the day Meituan's IPO was over, were you?"

"Yeah, what's the point of staying if I'm not leaving? I'm very busy."

"Tsk, but I can't just leave that day. Am I not busy?"

"What are you staying for? To throw a victory celebration?"

“If it were just a regular celebration banquet, it wouldn’t be a problem if you didn’t want to come. But Pony said that on the night of Meituan’s IPO, there would be a celebration banquet in Hong Kong, and all the city’s celebrities would be there. She told me to get ready.”

Hearing this, Chen Xiu thought about it carefully for a moment before replying.

What you're saying seems to only emphasize that you must stay, not that I must stay too.

"Pony asked me to tell you to stay too, and I'm telling you now..."

"Can I say no?"

"Just think of it as attending a social event, having a meal, and then leaving tomorrow!"

Wang Xin said helplessly that he didn't really understand why he had become a middleman between Pony Ma and Chen Xiu. Couldn't the two of them just chat privately on WeChat?
Upon learning that this also involved Pony Ma, Chen Xiu began to seriously consider it.

He didn't ask why Pony Ma didn't contact them himself or anything like that.

This kind of thing is nothing more than a matter of saving face.

Although Tencent lost the Weishi incident, Pony Ma clearly didn't commit any serious wrongdoing, and Wang Xin's role as a middleman was probably a bit inexplicable.

"You mean you can leave right after attending the social event, right?"

"Yup!"

"Okay, I'll do you a favor and go."

"..."

Wang Xin relaxed and smiled, staring at Chen Xiu, feeling a touch of gratitude for his attention.

Chen Xiu smiled and glanced at the empty table, saying, "Now that we've finished talking, you'll still cover the meal, right?"

"Guan, Guan, Guan, what would you like to eat? Order whatever you like."

Wang Xin handed the iPad for ordering to Chen Xiu, indicating that she didn't need to be polite.

Feeling that the important business was over, Chen Xiu just wanted to finish the meal quickly, so she only ordered four or five dishes casually.

After ordering, the waiter knocked on the door to deliver the food. Just as Chen Xiu was about to start eating, Wang Xin suddenly brought up a new topic.

"NIO went public in New York. I heard you're one of the shareholders?"

"Small shareholders, with a share of less than 0.3%."

Chen Xiu casually replied that he initially invested in NIO with only 0.5% of the shares, and did not participate in subsequent rounds of financing, so it was normal for his share to be diluted.

However, dilution is dilution.

He initially invested only 3000 million RMB in NIO, and yesterday NIO's market capitalization at the close of its IPO was 67.72 billion USD.

A 0.3% share is equivalent to approximately US$2000 million, or RMB 1.36 million, representing a small profit of several times the initial investment.

Wang Xin's eyes darted around for a moment before he leaned closer and said, "So, you mean you're optimistic about the new energy vehicle sector, but not about NIO?"

"Don't talk nonsense, I didn't, I'm not."

"Do I need to make this up? If you wanted to invest in NIO, how could Li Bin possibly refuse?"

"It's probably because I criticized his wife at the NIO launch event at Wukesong Arena last year."

Chen Xiu said casually, then noticed that Wang Xin's eyes looked a little strange.

"When I say 'criticize,' I mean verbal mockery. What are you thinking?"

"No, no, you've always been unconventional in your actions, who knows if you might..."

"I work in the entertainment industry." "That's true, you're definitely not short of beautiful women around you."

Since Wang Xin met Chen Xiu, he has always been the one being teased, and many embarrassing things have happened, such as delivering takeout and being slapped in the face by a fish tail.

Having finally found an opportunity to tease Chen Xiu, I had to make the most of it.

"Chen Xiu, how come I've never seen you have any rumors with any female celebrities?"

"Which paparazzi would dare to publish something without any evidence?"

Chen Xiu has the legal teams of Douyin and Datang backing her, plus Zhang San was Wei Feng's teacher during his university years.

So far, no paparazzi has dared to be so reckless as to offend him, because he doesn't send any useless lawyer's letters; he only sends court notices.

Seeing Chen Xiu's reaction, Wang Xin knew that there must be some truth to it.

However, the jokes should stop here; the two of them still have serious business to discuss!
"Well, back to NIO, since you're willing to invest in them, you must be optimistic about the new energy vehicle sector. Why not continue to invest? Don't bring up the matter of NIO's boss's wife. Li Bin isn't that confused."

Chen Xiu glanced at Wang Xin, picked up the cup beside her, and tactically drank some water.

"I'm not really optimistic about NIO. If I had to explain why, it's because Li Bin is targeting Tesla as a benchmark, which is a strategic risk."

What kind of risks?

“Cars are different from mobile phones. Most users don’t upgrade to a new car in a short period of time after buying one. If the price is the same, I think more people will choose Tesla than NIO.”

“Tesla…”

Wang Xin frowned and muttered to himself.

Then, he looked up at Chen Xiu and said, "Tesla's penetration rate in China is not high at present, and its price is relatively expensive. NIO still has a lot of advantages, right?"

"You haven't been following the news much in the new energy vehicle sector, have you?"

"It's indeed not very detailed."

"After the document was released in July confirming the lifting of foreign ownership restrictions in the new energy industry, Tesla changed its business registration information to include the manufacturing and sales of complete vehicles. They have now signed a factory construction contract with Shanghai and are expected to start construction by the end of the year."

A barely perceptible hint of smugness flashed in Chen Xiu's eyes.

He has completed a targeted investment in Tesla, bringing his stake to 1.5%.
Tesla's current market capitalization is approximately $600 billion, and its peak market capitalization is expected to reach $1.5 trillion, representing a potential appreciation of 25 times!

Upon hearing this news, Wang Xin paused for a moment before saying, "Why would they allow Tesla to build a factory here? This isn't very friendly to the domestic new energy industry."

"However, Tesla's entry can also accelerate the development of new energy vehicles and give domestic companies more incentive to conduct research and development. You've told me so much, so do you have a brand in mind?"

Chen Xiu looked up at Wang Xin, not believing that he was simply chatting idly about this topic.

After a brief moment of hesitation upon meeting his gaze, Wang Xin decided to tell the truth.

"Do you know Li Xiang? He's the founder of Autohome. He also co-founded NIO with Li Bin. Later, he left to start his own business, creating a brand called CHJ Automotive. It has already completed its Series B financing and is expected to release its first car next month."

“I met him at the NIO launch event last year.”

What do you think of him?

"I haven't talked to him much, so I can't tell if you're interested in investing in him."

Chen Xiu knew perfectly well that, besides Li Xiang himself, the biggest investors in Li Auto were Meituan and Wang Xin himself.

Since Li Auto is set to release its first car next month, its market launch is just around the corner. If Wang Xin wants to get his hands on one, this is the last window of opportunity.

Wang Xin nodded and admitted: "New energy vehicles are the future development trend, and Tencent has also bet on many new energy brands. I met Li Xiang at a party and felt that his ideas were pretty good."

"Then let's throw it!"

Chen Xiu answered confidently that investing in new energy vehicles during this period would be profitable no matter what.

Wang Xin stroked his chin and hesitated, saying, "Let me check out their new car launch next month. The Series B round just ended, and Li Xiang won't be launching the next round of financing so soon."

"Too."

Chen Xiu nodded, seemingly not very concerned.

Wang Xin frowned in confusion and said strangely, "I originally thought that after hearing me say this, you would also want to invest in Ideal."

"Investing would be ideal, but I won't force it if it's not possible."

Having already invested in Tesla, Chen Xiu has become relatively indifferent to investments in Weixin, Xiaoli, and the other two companies.

If Li Xiang asks him to invest, he will invest, but there's no need for him to actively seek it out.

Seeing Chen Xiu's lack of enthusiasm, Wang Xin suddenly said, "You didn't find some new investment opportunity, and all your funds are tied up, did you?"

"If you put it that way, then there's nothing wrong with that. Actually, among the domestic new energy vehicle companies, I'm more optimistic about BYD."

"BYD?"

"Okay, I've finished eating. Is there anything else you want to say?"

Chen Xiu put down her chopsticks, indicating that she had finished the fight and was ready to leave.

Although there are still doubts about Chen Xiu's conservative investment in BYD, there is really nothing else to discuss.

Wang Xin stood up and reached out to Chen Xiu: "That's all. The next time we meet is next week in Gangcheng."

"Why don't you set a goal for us? You'll tell me something important next time we meet?"

"Ok??"

"Just kidding, don't worry about it, see you next week."

Chen Xiu shook Wang Xin's hand, ultimately deciding not to trick him into revealing the death flag.

(End of this chapter)