Alibaba SEC Filing May Signal SoftBank Plans to Sell, Citi Says

Alibaba SEC Filing May Signal SoftBank Plans to Sell, Citi Says

(Bloomberg) — Alibaba Group Holding Ltd. registered one billion American depositary shares that hadn’t been registered before, suggesting SoftBank Group Corp. may intend to sell some of its shares. Most Read from Bloomberg Japan’s SoftBank backed Alibaba before its initial public offering so a large portion of its holdings in the company are not registered … Read more