Sun Zhengyi Will Sell $10 Billion In Ali Shares. How Will Ma Ride Through This Difficulty?
Japanese Sun Zhengyi sold Alibaba shares because of the issue of Softbank debt and cash in the $10 billion.
With the supervision of the SEC, many experts estimate that Alibaba's stock will fall sharply.
For Ma Yun
Alibaba
It will be worse.
Is Alibaba now able to overcome this difficulty by Ma Yun's decision?
It is estimated that the US version of "
Alipay
"Market capitalization of 50 billion dollars, I believe Ma Yun's Alipay will definitely not lower than this price, because Alipay's Huimin function is getting better and better, it is more than just a payment platform, has become an indispensable platform for our lives.
Ma Yun is a civilian entrepreneur, an entrepreneur who we all respect. I hope that Ma Yun's Alipay will bring us more services in the future. Now many people want Ma Yun to make car loans and mortgage loans.
Ma Yun meeting?
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On this issue, Ma said that Sun Zhengyi's reduction is their own financial considerations. Alibaba's increase is due to confidence in the future.
This is not the first time Sun Zhengyi has cash in. When Alibaba traded with YAHOO in 2005, Sun Zhengyi had hundreds of millions of dollars in cash.
"Sun Zhengyi wants to reduce liabilities and decide to sell Alibaba stock. We support it.
We are proud that Alibaba can make money for shareholders. The more shareholders make money, the more they will invest in China in future.
Ma Yun said today that Alibaba has ample cash and optimistic performance in the future. This Alibaba's holdings have both opportunities to invest in its own companies, have more shares, and also make the shareholding structure more pparent, healthy and sustainable.
In the future, Alibaba will continue to increase its holdings if there are sufficient opportunities for strategic capital reserves.
After the news of the sale of Ali shares, on the Tokyo stock market in June 1st, Softbank shares rose 3% from the previous trading day to 6443 yen, the highest since 2016.
Most of the market is optimistic about this attitude, SMBC Kikuchi Go, nixing securities, said, "Softbank's position has changed, and began to convert the investment assets into the profit".
Sun Zhengyi said at the shareholders' meeting: "when I first proposed that Softbank's revenue would reach trillions of yen, everyone thought I was talking big. But in the year when Softbank hit the biggest loss in history, I said we would realize trillions of yen profits soon, and everyone would laugh at it.
I now believe that no matter what scale we measure, we will become the largest enterprises in the world, whether it is revenue, profit or market value.
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