Honestly, Nomura Securities says Uisee Technology is worth 370 RMB, roughly 53 USD! I think Nomura is being optimistic—it’s worth at most 250 RMB, with a market cap of around 100 billion RMB, no more than that! A 90s-born entrepreneur suddenly sitting on billions in wealth… looking at his past interviews at Shanghai University and grassroots research, the reviews aren’t great. In China, going public is the finish line for companies. Those like DJI that don’t go public are the real legends! This post is sponsored by @binancezh: 'Buy U.S. stocks on Binance—global assets, zero time lag, just one click!'