BABA SoftBank to Sell Its Huge Stake ???

Additional American depositary share registration in the U.S. was translated by Citigroup`s analysts as SoftBank Group intention to sell part of its stake.

Softbank was a pre-initial public offering investor in BABA, owning 5.39 billion ordinary Alibaba shares, or a 24.8% stake,

The can drop to the $109 support, if not even lower.

Looking forward to read your opinion about it.