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SoftBank stocks fall 3.8% in Tokyo on bond plan
SoftBank Group announced a plan to raise one trillion yen, approximately $6.26 billion, by issuing bonds to individual investors in Japan. Following this announcement, the company's stock fell by 3.8% on the Tokyo Stock Exchange. This comes amid market fluctuations, as other indices like KOSPI and shares of major companies experienced declines, while firms such as Alibaba and Shein are seeking to raise billions of dollars through initial public offerings.
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