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Technology Stocks : Softbank Group Corp
SFTBY 81.06-8.3%3:59 PM EST

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To: astyanax who wrote (3446)1/21/2000 7:46:00 PM
From: Netwit  Read Replies (2) of 6018
 
I'm not so sure that foreign companies listed as ADRs (this is what we are talking about?) on the US exchanges are subject to the SEC regulations to the same extent that companies that go public in the US are.

Also, this just in from Briefing.com:

04:59 ET Softbank Corp. : This Japanese internet giant has agreed to buy a majority stake in a Hong Kong listed garment maker, Cheung Wah Development Co Ltd, and turn the firm into an internet investment vehicle to be re-named Softbank Investment International Ltd. The deal will give Softabank a publicly listed company on Asia's 2nd largest stock market and provide a launchpad for investments into China the WSJI reports
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