Manbang has become a sought after “hot commodity” by SoftBank, with its holdings expanding nearly threefold

On February 15th, according to the 13F filing of SoftBank Group, the company significantly increased its holdings of Man Bang ADR in the fourth quarter. SoftBank bought 3.11 million shares of Manbang in the current quarter, expanding its position by 280% to 4.22 million shares. Another Chinese concept stock invested by SoftBank, Dingdong Maicai, maintains a position of 1.05 million shares.