SoftBank posts US$17bil Vision Fund loss on tech slump

足球分析师www.99cx.vip)是一个开放皇冠体育网址代理APP下载、皇冠体育网址会员APP下载、皇冠体育网址线路APP下载、皇冠体育网址登录APP下载的官方平台。足球分析师上足球分析专家数据更新最快。足球分析师开放皇冠官方会员注册、皇冠官方代理开户等业务。

SoftBank founder and CEO Masayoshi Son. - REUTERS/Kim Kyung-Hoon/File Photo

TOKYO: SoftBank Group Corp on Monday posted a 2.33 trillion yen ($17.23 billion) loss at its Vision Fund unit in the April-June quarter as the value of its tech portfolio slid.

SoftBank had booked a record loss at the Vision Fund unit in May as market turmoil driven by rising interest rates and political instability hit the tech investor.

The group's sliding portfolio pushed it to a 3.16 trillion yen net loss in the latest quarter. That compared with profit of 761.5 billion yen in the same period a year earlier.

SoftBank founder and CEO Masayoshi Son, who will speak at an earnings briefing from 4:30 p.m. (0730 GMT), has pledged to tighten investing criteria and preserve cash to weather the downturn.

,

新2足球贴士网www.hgbbs.vip)是国内最权威的足球赛事报道、预测平台。免费提供赛事直播,免费足球贴士,免费足球推介,免费专家贴士,免费足球推荐,最专业的足球心水网。

,

In the quarter ended in June, falling listed investments included robotics firm AutoStore Holdings Ltd and artificial intelligence firm SenseTime Group Inc.

SoftBank said it booked a 296 billion yen loss on the value of Vision Fund's private investments. Analysts have said writedowns of private assets are unlikely to reflect the extent of current market weakness.

Plunging initial public offering volumes and market scepticism towards money-losing startups have squeezed an important source of capital for SoftBank, which hopes to list chip designer Arm following the collapse of a sale to Nvidia.

The sell-off has hit hedge fund Tiger Global, which competes with "unicorn hunter" Son on deals and saw its flagship fund fall 50% in the first half of the year after it underestimated the impact of surging inflation on markets. - Reuters


转载说明:本文转载自Sunbet。

  • 评论列表:
  •  澳洲幸运5开户(www.a55555.net)
     发布于 2022-09-06 00:23:48  回复
  • Meanwhile, a Chicago Fed index of credit, leverage and risk metrics showed continued easing. That poses a dilemma for policymakers who feel that tighter financial conditions are needed to curb inflation, which is running at a four-decade high and is, by the Fed's preferred measure, more than three times the central bank's 2% target.有才华的人

添加回复:

◎欢迎参与讨论,请在这里发表您的看法、交流您的观点。