Matthews Japan Fund Comments on SoftBank

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Feb 05, 2015

Internet and telecom giant SoftBank (TSE:9984) ended the year on a sour note despite the successful IPO of its largest investment—Chinese e-commerce giant Alibaba (BABA). Poor performance of SoftBank’s U.S. telecom unit, Sprint (S), also weighed on investor sentiment.

From Matthews Japan Fund (Trades, Portfolio) Q4 2014 Commentary.