$Alibaba (BABA.US)$ SoftBank, once Alibaba's biggest investo...
$Alibaba(BABA.US$ SoftBank, once Alibaba's biggest investor, has sold its stake in the Chinese tech company, it told investors on an earnings call. On Monday, CFO Yoshimitsu Goto detailed that Alibaba had accounted for 48 percent of Softbank's assets in 2020, but now, this was "almost zero."14 May 2024
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99882318 OP : https://finance.yahoo.com/news/jack-ma-joe-tsai-replace-093000114.html
101773112 : But Moomoo app under “Shareholding” still shows SoftBank holding 14.18%.
Moomoo Lily 101773112 : @Moomoo Buddy Please assist. Thanks!
Moomoo Buddy 101773112 : Dear valued customer, we are checking with relevant department now, and once we have any updates, we will follow up here. Thanks for your atention. Have a nice day!
104480352 : Will it have a big impact?
101773112 Moomoo Buddy : Ok thx!
Moomoo Buddy 101773112 : Dear valued customer, after confirmed with our related team, SoftBank's shareholding data for BABA was disclosed on 2024-05-20, 20F of the annual report. We will update it if any new announcement of change in shareholding is released.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Thank you so much for your feedback on this.
If you have any further questions please feel free to come in line, we wish you a good day!
FFMDE Moomoo Buddy : And what’s the most updated info stated in 20F?
Moomoo Buddy FFMDE : It's 14.8%. We will update the info once any new 20F released.