{"id":2022,"date":"2018-12-19T07:06:15","date_gmt":"2018-12-19T07:06:15","guid":{"rendered":"http:\/\/www.notebookbattery.co.nz\/blog\/?p=2022"},"modified":"2018-12-19T07:06:15","modified_gmt":"2018-12-19T07:06:15","slug":"softbanks-stock-price-fell-more-than-10-on-the-first-day-of-listing","status":"publish","type":"post","link":"http:\/\/www.notebookbattery.co.nz\/blog\/news\/softbanks-stock-price-fell-more-than-10-on-the-first-day-of-listing.html","title":{"rendered":"Softbank&#8217;s stock price fell more than 10% on the first day of listing"},"content":{"rendered":"<p>\n    Japan Telecom&#39;s mobile banking company&#39;s mobile communications banking company&#39;s stock market fell more than 10% on the first day of the day, mainly due to recent national service disruptions and the relationship with Huawei&#39;s technology.\n<\/p>\n<p>\n    \n<\/p>\n<p>\n    Softbank&#39;s initial public offering (IPO) raised $23.5 billion, but on the first day of the Tokyo stock market trading, the stock price fell below the underwriting price of 1,500 yen in 5 minutes, falling to 1344 yen, a drop of more than 10%. The index of the Dongzheng Index fell by 1%.\n<\/p>\n<p>\n    \n<\/p>\n<p>\n    Softbank&#39;s IPO scale is less than the $25 billion record created by China&#39;s e-commerce giant Alibaba in 2014. Alibaba is one of the companies invested by the Softbank Group.\n<\/p>\n<p>\n    \n<\/p>\n<p>\n    In terms of the number of users, Softbank is the third largest mobile communication company in Japan, and recently there has been a rare national disconnection problem. Softbank said that the suspension will not impact the company&#39;s profits and dividends.\n<\/p>\n<p>\n    \n<\/p>\n<p>\n    What worries market investors is the relationship between Softbank and China&#39;s Huawei Technologies. At present, many countries have blocked Huawei because of worry that Huawei&#39;s telecommunications equipment may become an accomplice to Chinese espionage activities.\n<\/p>\n<p>\n    \n<\/p>\n<p>\n    According to sources, Softbank has decided to replace Huawei&#39;s 4G network equipment with hardware devices from other vendors. This process is likely to be time-consuming and costly. Among Japanese telecom companies, Softbank and Huawei are the most closely related.\n<\/p>\n<p>\n    <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Japan Telecom&#39;s mobile banking company&#39;s mobile communications banking company&#39;s stock market fell more than 10% on the first day of the day, mainly due to recent national service disruptions and the relationship with Huawei&#39;s technology. Softbank&#39;s initial public offering (IPO) raised $23.5 billion, but on the first day of the Tokyo stock market trading, the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[2930],"tags":[3059],"_links":{"self":[{"href":"http:\/\/www.notebookbattery.co.nz\/blog\/wp-json\/wp\/v2\/posts\/2022"}],"collection":[{"href":"http:\/\/www.notebookbattery.co.nz\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.notebookbattery.co.nz\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.notebookbattery.co.nz\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.notebookbattery.co.nz\/blog\/wp-json\/wp\/v2\/comments?post=2022"}],"version-history":[{"count":0,"href":"http:\/\/www.notebookbattery.co.nz\/blog\/wp-json\/wp\/v2\/posts\/2022\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.notebookbattery.co.nz\/blog\/wp-json\/wp\/v2\/media?parent=2022"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.notebookbattery.co.nz\/blog\/wp-json\/wp\/v2\/categories?post=2022"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.notebookbattery.co.nz\/blog\/wp-json\/wp\/v2\/tags?post=2022"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}