TOKYO -- China's salvos of regulation aimed at its tech industry have caught SoftBank Group in the crossfire, deflating the value of stocks in its Vision Fund in a trend that raises questions for its investment strategy.
Beijing's crackdown on US-listed tech stocks spells trouble in vital market
SoftBank Group CEO Masayoshi Son. The Japanese conglomerate's fortunes are tied to those of some of China's biggest tech companies. © Reuters
TOKYO -- China's salvos of regulation aimed at its tech industry have caught SoftBank Group in the crossfire, deflating the value of stocks in its Vision Fund in a trend that raises questions for its investment strategy.