 Hi guys, how you doing? This is Rich from Rich TV Live. I have some breaking news. There is a brand new IPO Okay, it is on the New York Stock Exchange today It is a strong by strong by strong by strong by strong by it is up 75% is not a cannabis stock This is being considered the Tesla of China up 75% brand new IPO at 11 dollars and 60 cents Being talked about on Bloomberg and it is just fire now up 78% at 1180 I had to bring it to your attention is one of the hottest stocks in the universe and let's find out why Neo Inc announces pricing of initial public offering on the New York Stock Exchange under the symbol NIO a pioneer in China's premium electric vehicle market today announced the pricing of its initial public offering of 160 million American depositary shares ADS at a price to the public of US $6.26 which is bringing everybody huge gains today It is now at $12.30. It's up 86% I can't continue to read this because I gotta bring drop this video now before it goes any higher. It's crazy This is on fire. What do you think smash the like button share it everywhere? It is absolutely on fire Morgan Stanley Goldman Sachs JP Morgan Merrill Lynch all the big boys involved in this deal It is pure fire. Please share this video everywhere. Did you buy this stock? Are you winning on NIO? It just keeps going higher. My goodness. Do you see it now? Do you see what it's doing? It is a new IPO. It is absolutely on fire up 88% at $12 and 50 cents Neo Inc NIO if you're not winning. You're not watching. This is your boy rich. It was on Bloomberg They said it was gonna be huge It's a billion dollar company folks a billion dollar company It's true What do you think about this guys? Let me know Here it is for a total offering size of approximately US $1 billion Assuming the underwriters do not exercise their option to purchase additional ADS Each ADS represents one class a ordinary share of the company The ADS are expected to begin trading on the New York Stock Exchange on September 12th under the symbol NIO They actually started trading on the 13th. The offering is expected to close on September 14 2018 This is huge. This is your boy rich, and I'm out NIO. It's fire Now at $12 up 81% Peace