See also the super big empty order!
Japan's SoftBank Group has begun selling almost all of its remaining shares in Alibaba (9988.HK), the Financial Times reported on Wednesday, citing regulatory documents it had analyzed. The Japanese group, led by billionaire Masayoshi Son, sold about $7.2 billion (nearly 50 billion yuan) worth of Alibaba shares this year through prepaid forward contracts, the report added. Early this morning, Alibaba's U.S. stock plunged nearly 6%.
Yesterday, another Internet giant, Tencent, also encountered a similar situation. Prosus, a major shareholder of Tencent, will take action this week to transfer 96 million shares of Tencent shares to the Hong Kong Central Clearing and Clearing System in the form of certificates. The market interprets this as the major shareholder continues to reduce its holdings of Tencent stocks. In addition, Buffett continues to reduce his holdings of BYD, why do the bosses continue to sell?
Just now, something big happened in Japan. According to the latest news from the Japan Broadcasting Association on the 13th, the Japanese government urged the public through the "J Alert" system to "evacuate to buildings or underground facilities immediately. A missile is believed to have landed in Hokkaido at 8:00 a.m. (Japan time). Please evacuate immediately." What is it all about?
50 billion super empty orders
SoftBank Group Corp (9984.T) has begun selling almost all of its remaining stake in Alibaba Group Holding Ltd (9988.HK), the Financial Times reported on Wednesday, citing regulatory filings it had analyzed.
The forward sale would eventually reduce SoftBank's stake in the Chinese e-commerce group to just 3.8%, according to an analysis by the Financial Times based on filings with the Securities and Exchange Commission.
The Japanese group, led by billionaire Masayoshi Son, has sold about $7.2 billion worth of Alibaba shares this year through prepaid forward contracts, the report added.
SoftBank told the FT that the Alibaba deal reflected its shift to a "defensive approach" in response to a more uncertain business environment, adding that the company would provide details of the deal in its quarterly results announcement in May. The short position of nearly 50 billion yuan was suppressed, and Alibaba's stock price immediately plunged in the US market. It closed down nearly 6%.
SoftBank achieved a $34 billion gain last year by reducing its stake in Alibaba to 14.6 percent from 23.7 percent, as it tries to boost its cash hoard amid massive losses at its Vision Fund unit.
Yesterday, Tencent Holdings also dropped sharply in the Hong Kong stock market, the reason is also to reduce its holdings. On April 11, local time, Prosus, a major shareholder of Tencent, announced that it intends to repurchase again. As part of the repurchase plan, Prosus will take action this week to transfer 96 million shares of Tencent shares to the Hong Kong Central Clearing and Settlement System in the form of certificates, so that Under the repurchase program, such shares are traded in an orderly manner over a period of time. Based on the latest stock price calculation, the market value of the above-mentioned stocks is about 30 billion yuan. According to market analysis, the above-mentioned actions of Prosus may mean that it will continue to reduce its holdings of Tencent stocks.
Buffett has also recently continued to reduce his shareholding in BYD. So, why did the giants reduce their holdings? Recently, when talking about BYD, Buffett said that during the period of selling BYD shares, BYD sold outstanding performance. Selling BYD stock will help better capital allocation, BYD is an "excellent company." From the source, it may still be related to the interest rate hike of the US dollar. At present, there are still problems with global liquidity. Giants all need funds, and the relatively abundant liquidity in the Chinese market is still convenient for giants to realize cash.
Japan sounds the alarm
Just now, something big happened in Japan. World Wide Web News, according to the latest news from the Japan Broadcasting Association on the 13th, the Japanese government urged the public through the "J Alert" system on the launch of missiles by the DPRK that day, "Immediately take refuge in buildings or underground facilities. I think it has landed around Hokkaido, please evacuate immediately."
The report also said that Japanese Prime Minister Fumio Kishida has ordered relevant departments to collect intelligence, acknowledge the safety of aircraft and ships, and prepare for unexpected events. The Japan Broadcasting Association said the Japanese Ministry of Defense had earlier released news that North Korea had launched an object that was believed to be a ballistic missile.
But Japanese authorities later retracted the alert, saying the emergency warning system had made an incorrect prediction that the missile would land near the island, Reuters reported. Japanese Prime Minister Fumio Kishida said the Japanese government will hold a National Security Council meeting on the launch.
Japanese Defense Minister Koichi Hamada said the missile appeared to have been fired eastward at a high angle. He said the missile did not land on Japanese territory and that the defense ministry was dissecting more details of the launch.
The Japanese Coast Guard said the shell landed in the sea east of North Korea. Hamada said he could not prove whether the missile flew over Japan's exclusive economic zone.
South Korea's Joint Chiefs of Staff said the missile was fired from near Pyongyang at 7:23 a.m. The South Korean military said it was on high alert and closely coordinated with the United States.
Days earlier, North Korean leader Kim Jong-un called for a "more practical and aggressive" approach to strengthening the country's combat deterrence against what it calls U.S. aggression.