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https://i-invdn-com.investing.com/trkd-images/LYNXMPEI7B007_L.jpgSoftBank Chief Executive Masayoshi Son is moving to shore up his group’s cash reserves and accelerating asset sales after the Vision Fund investment arm booked a $50 billion loss in the six months to June-end as the value of his tech portfolio collapsed.
Alibaba’s U.S.-listed shares rose 2.6% on Thursday, when the Tokyo market was closed for a national holiday.