SoftBank to sell nearly all its stake in Alibaba – FT

Japanese investment firm SoftBank Group Corp has moved to sell almost all of its remaining shares in China’s Alibaba Group Holding Ltd, the Financial Times reported citing regulatory filings it had analyzed. Shares in Alibaba, one of the most valuable assets in SoftBank’s portfolio, tumbled as much as 5.1 percent in Hong Kong following the … Continue reading SoftBank to sell nearly all its stake in Alibaba – FT