36Kr learned that SoftBank Group held a third quarter results meeting for the fiscal year. Sun Zhengyi, chairman and CEO of SoftBank Group, said that SoftBank has long held Alibaba shares, accounting for about 25% of Alibaba's equity. Of these, more than 90 percent of SoftBank remains long-term, with only a tiny fraction of it realized to support vision fund investments. "For SoftBank's shareholders and management, we're very happy to do that." Son Zhengyi said. Market stakeholders believe that this shows that SoftBank has no willingness to sell Alibaba shares in the near future.
![The US technology giant's acquisition of the British chip leader has failed! Son Zhengyi lost 254.4 billion[fig]](data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=)