{"id":26154,"date":"2018-12-19T19:22:52","date_gmt":"2018-12-19T19:22:52","guid":{"rendered":"https:\/\/qatar-news.org\/qatarnewsEn\/?p=26154"},"modified":"2018-12-19T19:22:52","modified_gmt":"2018-12-19T19:22:52","slug":"worlds-second-biggest-ever-ipo-flops","status":"publish","type":"post","link":"https:\/\/qatar-news.org\/qatarnewsEn\/?p=26154","title":{"rendered":"World&#8217;s second-biggest-ever IPO flops"},"content":{"rendered":"<p class=\"zn-body__paragraph speakable\"><cite class=\"el-editorial-source\">Hong Kong (CNN Business)<\/cite>SoftBank&#8217;s blockbuster IPO has flopped in its market debut. <\/p>\n<div class=\"zn-body__paragraph speakable\">Shares in the Japanese company&#8217;s mobile telecommunications unit plummeted 15% in Tokyo on Wednesday, their first day of trading. The stunning plunge wiped out billions of dollars in market value.<\/div>\n<div class=\"zn-body__paragraph speakable\">The business is one of Japan&#8217;s biggest wireless carriers and has provided the foundation for SoftBank CEO Masa Son&#8217;s vast tech empire. By listing a big chunk of it, SoftBank Group (<a href=\"https:\/\/money.cnn.com\/quote\/quote.html?symb=SFTBY\" target=\"_blank\">SFTBY<\/a>) raised about $23.5 billion.<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Hong Kong (CNN Business)SoftBank&#8217;s blockbuster IPO has flopped in its market debut. Shares in the Japanese company&#8217;s mobile telecommunications unit plummeted 15% in Tokyo on Wednesday, their first day of trading. The stunning plunge wiped out billions of dollars in market value.The business is one of Japan&#8217;s biggest wireless carriers and has provided the foundation&hellip;<\/p>\n","protected":false},"author":10,"featured_media":26155,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-26154","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world_news"],"_links":{"self":[{"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/posts\/26154","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=26154"}],"version-history":[{"count":0,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/posts\/26154\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/media\/26155"}],"wp:attachment":[{"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=26154"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=26154"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=26154"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}