Bye-bye, Baba?

The Japanese group, led by billionaire founder Masayoshi Son, has sold about $7.2bn worth of Alibaba shares this year through prepaid forward contracts, after a record $29bn selldown last year.

Some people might think, that now with no selling pressure, it's time for Alibaba stock to go up.

Or is it?

Would a major shareholder, with knowledge and info that the public does not have, choose to sell off a company that will rise in value?

Alibaba's share price first rallied on the news that the tech conglomerate will be splitting up its business and seeking individual listings.

Share prices briefly rallied before settling downwards again.

It really is a question mark whether splitting up Baba will unlock more value and cause a share price appreciation.

Cause if it would, why would Softbank be selling off the stock cheaply now?

What's your thought?

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