Ron Burgundy Posted September 21, 2014 Share Posted September 21, 2014 TOKYO (Reuters) - Japan's SoftBank Corp said it expected a gain of about 500 billion yen ($4.6 billion) from Alibaba Group Holding's share listing in New York, where the Chinese e-commerce leader surged 38 percent on its first day of trade. SoftBank CEO Masayoshi Son also told CNBC that he would want to own more of Alibaba, although he reiterated that the Japanese mobile carrier and Internet media company was happy with the current 32 percent stake, which made it the Chinese company's biggest shareholder. Asked if he would like more of Alibaba, Son told CNBC on Friday: "Of course. ... View the full article Quote Link to comment Share on other sites More sharing options...
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