SFTBF News and Press, Softbank Corp Fgn From 10/03/22

Summary DTH invests in high yield stocks of developed countries, excluding North America. 52% of assets is in 3 countries: Japan, the U.K. and Australia. 54% is in 3 sectors: financials, materials and communication. Valuation looks attractive, but inflation-adjusted total ...

Summary As the era of free money comes to an end, the gene testing industry is faced with the challenge of transforming itself into a commercially viable sector. Though it is still early days for the industry, major players have embarked on restructuring efforts to transform thems...

Summary Chase Coleman’s 13F portfolio value decreased from $26.64B to $11.93B this quarter. Tiger Global added Alphabet and increased Kanzhun, SentinelOne, & Toast while decreasing JD.com, Microsoft, CrowdStrike, and NU Holdings. They also dropped DocuSign. The larg...

Summary China is in the middle of a pivotal change for its international capital markets through the stock market connection mechanism. The relatively low implied volatility for Chinese companies listed in the US indicates that most risks are already factored into BABA's stoc...

Summary The latest stimulus package by Beijing could help Chinese-based companies such as Alibaba to minimize the negative consequences of the recent lockdowns. At the same time, the latest Sino-American audit deal creates short-term momentum for Alibaba’s stock. Nevert...

Summary This past week, we initiated a new short position in Softbank Group Holdings. Softbank’s last hope for liquidity is an IPO of Arm Holdings. Unfortunately for Softbank, the inventory correction that’s building in the semiconductor industry could be one for...

Summary Our US-denominated Global Micro Fund was down 16.6% in the quarter, and is down 21.0% for the year. We are taking advantage of the current turmoil in the markets, adding a new busted Biotech (KOD), and adding substantially to MEI Pharma and Liberty Tripadvisor - among othe...

SoFi Tech. closed the gap at $6.63 after trading above $8 following earnings. The fintech could benefit from an end to the student debt moratorium on August 31, but the business model no longer relies on refinancing student debt to prosper. The stock trades at just 3x '23 revenue ...

A hefty chunk of the top five biggest financial losers (with market cap of over $2B) in the week ended August 19 were made up of popular fintech names, while a number of insurers saw some bullish price action. Cryptocurrency miner HIVE Blockchain ( NASDAQ: HIVE ) -25.9% ...

Shares of the Brazilian digital bank Nu Holdings (NYSE: NU) traded roughly 11.4% higher as of 2:37 p.m. ET today after a large, well-known institutional investor revealed that it has taken a position in the company. The large Japanese conglomerate and tech investor SoftBank ...