Japan giant SoftBank took a US$54bn hit on China's tech crackdown

The Wall Street Journal with the report on the loss for Japanese tech investor SoftBank

  • net assets lost the equivalent of about $54 billion in value in just three months
  • falling to the equivalent of $184 billion.

Chief executive Masayoshi Son:

  • "Our China risk is not so huge. It is within our control"

Journal link for more (may be gated)

The Wall Street Journal with the report on the loss for Japanese tech investor SoftBank

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