Economy · Beijing, China · November 5, 2026

China blocks SoftBank's $5.4 billion ABB robotics deal

Reported by 1 outlet · first reported Nov 5, 3:01 AM ET

China blocked SoftBank's takeover of ABB's robot unit. The deal had been expected to lift SoftBank's revenue. Chinese stocks are in a bear market, with over $3 trillion wiped out.

Why it matters

It shows regulators shaping global tech deals.

Background

SoftBank is a Japanese investment group.

The story so far

1. Nov 5China blocks SoftBank's $5.4 billion ABB robotics deal
2. Nov 8SoftBank, ABB weigh China carve-out for robotics deal
3. Nov 9Mitsui Chemicals to buy JSR for $12 billion

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Sources

• Japan Times ↗Nov 5, 3:01 AM ET
• Japan Times ↗Nov 5, 3:03 AM ET

This summary was written automatically from the reporting linked above; follow the sources for the full story. How One Turn works.

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