Amid a downturn in its technology investments and a move to limit its China exposure, SoftBank (SFTBY) is raising cash by selling the majority of its remaining shares in Alibaba (BABA), writes Ryan McMorrow , Eleanor Olcott and Kana Inagak for the Financial Times. "The Japanese group, led by billionaire founder Masayoshi Son, has sold about $7.2bn worth of Alibaba shares this year through prepaid forward contracts, after a record $29bn selldown last year," noted the FT in its story. Reference Link
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