The Zhitong Finance App learned that the stock price of SoftBank Group Corp. (SoftBank Group Corp.), which is headed by legendary investor Sun Zhengyi, fell 11% in early trading in the Japanese stock market, then the decline narrowed significantly, driven by bargain buying, and fell by about 5% as of press release. The day before, the Japanese technology investment company previously announced its first net loss in nearly two years due to the $3.7 billion asset write-down related to the US data center project and the decline in AI asset valuations.

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