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Hold Positions expanded nearly threefold, Full Truck Alliance has become the "darling" of SoftBank.
According to the Form 13F filing from SoftBank Group, the company significantly increased its shareholding in Full Truck Alliance ADR in the fourth quarter. SoftBank purchased 3.11 million shares of Full Truck Alliance during the quarter, with its position expanding by 280% to 4.22 million shares. The position in another Chinese concept stock, Dingdong, remained at 1.05 million shares. The 22 disclosed investments covered by the document saw a quarter-on-quarter increase of 6.5% in market cap, reaching 23.4 billion dollars.
Is Dingdong (Cayman) Limited (DDL) the Best Multibagger Penny Stock to Buy Now?
A Possible US-China Trade Deal by Trump Could Take China Equities Higher – Cantor Fitzgerald
U.S. stocks are moving differently | Some Chinese concept stocks are rising, with Dingdong (DDL.US) up over 8%.
Some Chinese concept stocks have risen, as of the time of writing, MINISO has risen more than 8%.
Market Cool On Dingdong (Cayman) Limited's (NYSE:DDL) Revenues Pushing Shares 27% Lower
Dingdong Falls -4.5%
