SoftBank G: Acquisition of US stock options: Utilization of asset sales funds
[September 4, Reuters]
SoftBank Group:
The SoftBank Group has invested a large amount of money in the US options market, according to people familiar with the matter.
He said that he had temporarily invested some of the proceeds from the sale of the assets in the recent weeks of rising US stock prices.
Softbank: Masayoshi Son
It has been announced that it established an investment management subsidiary in August 2020.
The surplus funds obtained from the large-scale asset sale will be invested in a highly liquid stock.
Documents to be submitted to regulatory authorities:
Softbank is
Amazon.com,
Netflix,
Tesla,
Microsoft,
In the alphabet,
It has invested about 4 billion dollars in total.
US paper WSJ:
SoftBank has acquired almost the same amount of investment options for call options.
It is said to be equivalent to about 50 billion dollars worth of stock.
Softbank stock investment:
At the moment, about $10 billion.
More money is being invested in US stock options, according to people familiar with the matter.
Raymond James: Ellis Pfeiffer
The rise in high-tech stocks in the last few months, despite other factors boosting it,
However, it was pointed out that the purchase of call options by SoftBank also contributed.
In other words, he said, “it created a positive virtuous cycle.”
Newsweek Japan Edition
https://www.newsweekjapan.jp/headlines/business/2020/09/291306.php
Sofbank G buys US tech stock options in “large amount” in a month
https://www.bloomberg.co.jp/news/articles/2020-09-04/QG52W7T0AFB401