With Alibaba stake sale, SoftBank's Son cools towards China tech

With Alibaba stake sale, SoftBank's Son cools towards China tech

REUTERS/Issei Kato

SoftBank Group Corp’s decision to sell down its Alibaba Group Holding stake for a $34-billion gain may be aimed at shoring up cash reserves, but it also underlines how CEO Masayoshi Son has cooled on China tech.

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