SoftBank's China Strategy Wobbles as Key Bets Disappoint

For SoftBank, OneConnect's IPO should have been a vindication of an aggressive China investing strategy. Instead, embarrassed bankers had to slash the offering size and cut its price as investors baulked at a business model seen too reliant on majority owner Ping An Insurance.

from RSS Feeds : RSS Feed - NDTV Gadgets360.com https://ift.tt/2PI1cb2