SoftBank mortgage half of Ali stock?Why did Sun Zhengyi fight so much to save soft silver?

Recently, the world -renowned investment giant Softbank Group can be said to be a lot of affairs, and it is quite difficult to live. Under such circumstances, SoftBank Group thinks of the most valuable asset Alibaba's stock in his hand, so he announced that he mortgaged half of Ali's shares. What should Sun Zhengyi think about the actions of SoftBank?

1. Ali shares with half mortgaged silver silver?

According to the late LatePost report, Sun Zhengyi, chairman of Softbank, may be selling Alibaba shares in a very rare way. According to the new financial report released on August 8, Sun Zhengyi has mortgaged 54% of Alibaba in his hand.

As of the end of June 2022, SoftBank holds the market value of Alibaba's shares of about 9.84 trillion yen (about 492.1 billion yuan). SoftBank mortgaged Alibaba shares worth 5.36 trillion yen (about 268 billion yuan). SoftBank mortgaged some stocks when Ali's stock price exceeded $ 300.

Sun Zhengyi did not sell stocks directly like Tencent's major shareholder Prosus, but obtained financing by selling Alibaba -based prepaid long -term contracts. Analysts of Forsyth Barr ASIA said that they will not directly affect the stock price in the short term, but the essence of this derivative transaction "still reduces its holdings." SoftBank emphasizes the right to buy back to Ali stock, and now Alibaba's stock price is less than 1/3 of the high point.

On August 8th, SoftBank Group released the performance report of the first fiscal quarter (second quarter) of the fiscal year (second quarter) as of June 30. In the second quarter, a net loss was 3.16 trillion yen (about RMB 158 billion), which refreshed a record of 1.7 trillion yen in the previous quarter, and continued to set a record high. In terms of SoftBank, the main source of huge losses is that the two vision funds have not realized investment gains and losses, and the two funds reported a total of 2.9 trillion yen (about 146.5 billion yuan) in the second quarter.

2. How can Sun Zhengyi fight so much to save soft silver?

To be honest, I saw Alibaba's half of the shares mortgaged by SoftBank. Many people want to ask what the purpose of SoftBank does this? What should we think of this impact on Alibaba? What kind of impact will SoftBank bring to the market?

First of all, SoftBank adopts such operations, which is actually a last resort. After all, facing huge market pressure, especially the market burden brought by the serious losses of SoftBank. For the current SoftBank, you may have to find ways to improve your cash flow. Compared with other overall markets in your own, the current market still has good market value assets, which is also Alibaba, everyone is familiar with. Since Sun Zhengyi's successful investment in Alibaba has also become the most successful and most valuable investment asset in Softbank in recent years, when Softbank has a relatively large market problem, he often chooses to mortgage or sell his most effective assets to sell or sell it. , So as to obtain better market income to make up for its own losses and the pressure of cash flow, which is the most important for the current SoftBank. After all, for the entire market, SoftBank's own development requires a lot of funds, and the shares selling Alibaba have undoubtedly become the best choice.

Secondly, for Sun Zhengyi's SoftBank, SoftBank is a investment institution after all. From the perspective of investment institutions, after a period of time, a certain profit will be made to invest in better investors. The joint choice of investment institutions. From the perspective of the Softbank Group, we have actually accompanied Alibaba for a long time, so in this case, the choice of a certain degree of profit is actually in line with the needs of the overall market development. At this time, the SoftBank Group's reduction has both the issue of its own investment cycle and investment logic, and some SoftBank Group faces a considerable market pressure. It is surprising.

Third, from the perspective of the long -term market, for Alibaba, the current reduction of SoftBank's current reduction will not affect Ali's own development. After all, Alibaba has a very mature market mechanism. Although SoftBank is a major shareholder, SoftBank is a major shareholder. However, its impact on Ali's own market operation is very limited, so the impact of SoftBank's reduction on the entire Ali system will not be too great, and the impact on Ali's stock price is relatively limited. We should look at the current SoftBank's reduction of this reduction. This is a market behavior of SoftBank itself. For Ali, there is neither Ali's own business logic problem nor market investment. Alibaba's long -term market development trend is still worthy of our attention. As the most important Internet company in China, Ali is worthy of further attention in the Chinese market.

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