🔴 SoftBank Group is trading 10.65% down today amid fallout from reported ABB robotics deal block

SoftBank Group is trading at ¥3,556 (-10.65%) on November 6, as reports of a Chinese regulatory block on its ABB robotics deal remain a headwind.

• The reported block affects SoftBank’s $5.4 billion purchase of ABB’s robotics business, a setback to its physical-AI ambitions.
• Arm’s weaker-than-expected outlook and a broader AI and semiconductor selloff are also weighing on Japanese technology shares. Both headwinds were associated with SoftBank’s November 5 decline, not newly confirmed November 6.