SoftBank Group is trading 9.5% down at $11.49 after China blocked its planned $5.4 billion acquisition of ABB’s robotics division. - Reported concerns center on robotics data potentially being transferred overseas for AI training. - The decision sets back SoftBank’s physical-AI expansion plans. The broader technology sell-off may add pressure, but the China decision is the clearest company-specific catalyst. - The available price context gives the live move; volume information was not provided.
🔴 SoftBank Group is trading 9.5% down today after China blocked $5.4 billion ABB robotics deal