The IPO valued OneConnect at $3.7 billion, about half its worth last year when SoftBank's Vision Fund invested $100 million, and its stock finished flat in its debut on Friday.OneConnect Financial Technology is just one of many China bets placed by the Japanese investment giant or its massive Vision fund which have run into trouble.

But the deal was seen by some investors as way overvalued and now trades at about half its IPO price.Its unlisted portfolio has also had problems.

"How much do you want to raise in the pre-IPO round and via IPO? "

Son asked Good Doctor's CEO Wang Tao, according to sources.Wang told him it would be $300 million and $1 billion respectively.

"How about I give you $1 billion and you drop the listing plans?" | To read full story, visit https://startuparound.com/read/1576474205.878656/SoftBank's-China-strategy-wobbles-as-key-bets-disappoint?ref=audio_experience