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SoftBank Shares Fall After Terrible Income Report – Latest Asian Market



The Japanese broad Nikkei ( N225 ) was predominantly flat in the afternoon trade. South Korea's Caspi Index ( KOSPI ) decreased by 0.1%.
Hong Kong Hang Seng Index (19659002] ( HSI ) decreased by 0.4%, while the Chinese Shanghai Composite ( SHCOMP ) fell 0.2%.
SoftBank ( SFTBF ) reported $ 6.5 billion in operating losses after the market closed on Wednesday, weighed by a massive blow to their technology fund The Vision Fund was hit by major losses in portfolio companies such as Uber ( UBER ) and WeWork.

The fund recovered part of its losses to mid-morning Thursday and last traded by about 2.5%.

  SoftBank Blue Mass is humbled, but he's not beaten yet

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