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In China, investors and bankers say SoftBank's involvement, once a sign of promising prospects, is now viewed as a red flag that a company was likely overvalued (Kane Wu/Reuters)

Kane Wu / Reuters:

In China, investors and bankers say SoftBank’s involvement, once a sign of promising prospects, is now viewed as a red flag that a company was likely overvalued  —  HONG KONG/BEIJING (Reuters) – For SoftBank Group Inc, financial technology firm OneConnect’s IPO should have been a vindication of an aggressive China investing strategy.

In China, investors and bankers say SoftBank's involvement, once a sign of promising prospects, is now viewed as a red flag that a company was likely overvalued (Kane Wu/Reuters)
Source: Tech Meme