Monday, October 6, 2025

Latest

Cathie Wood Begins Liquidating Chinese Stocks Following Tech Crackdown

Ark Invest CEO Cathie Wood has allegedly begun cutting back her fund’s exposure to China, after the communist country imposed a sweeping set of regulatory changes.

According to the Financial Times, which cited comments made by Wood during the Mizuho Securities conference, the Wall Street darling announced her fund has dramatically reduced its Chinese positions, following a series of regulatory shifts by the country’s government across the education, gaming, and tech sectors.

The Ark CEO brought attention to the Chinese government’s targeting of the online education industry, which now bans for-profit firms from teaching school subjects. The government’s measures also barred gamers under the age of 18 from playing video games during the week, and cut their screen time to just three hours during the weekend. The interventions also targeted the tech sector— most notably ride-hailing company Didi (NYSE: DIDI), which saw its shares tumble after regulators launched a sweeping investigation shortly after its US IPO.

“We have not eliminated our positions but we have reduced our positioning in China dramatically and we have swapped some of our holders, which became losers, into companies that we know are courting the government with ‘common prosperity’,” Wood explained.

Instead, Wood said her fund will invest in Chinese companies that are “currying favor” with Beijing, such as logistics company JD.Com, as well as e-commerce platform Pinduoduo, which is heavily focused on the grocery sector. Wood also noted that despite the portfolio shift, her fund will not completely give up on China, because the country’s financial sector is likely just going through a “reset.”

“We think they’ll reconsider some of these regulations with time and we won’t give up on China because they are so focused on innovation and they are so inherently entrepreneurial,” she was quoted as saying.


Information for this briefing was found via the Financial Times. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Fortune Bay: The Potential Billion Dollar Project

Japan Gold Enters New Chapter as Barrick Alliance Concludes – John Proust

Barrick Mining’s “Company Defining [Gold] Discovery”

Recommended

Nord Precious Metals Produces High Grade Silver Concentrate From Tailings

ESGold Secures $9 Million In Non-Dilutive Funding From Ocean Partners

Related News

SEC Begins Issuing New Disclosure Requirements for Chinese Companies Looking to List on US Exchanges

While Beijing has recently cracked down on Chinese companies looking to make their debut overseas,...

Tuesday, August 24, 2021, 10:57:41 AM

China’s Export Cutoff May Lead To Rare Earth Rush, US Scrambles for Seabed Minerals

An emerging crisis in the global supply of rare earth elements is drawing heightened scrutiny...

Thursday, April 17, 2025, 02:59:00 PM

Massive COVID Outbreaks In China Seem Certain To Ripple Through Global Economy

North American equity markets have so far largely ignored the rapid and enormous COVID outbreak...

Friday, December 30, 2022, 12:10:00 PM

Kyle Bass: Chinese Government will use Evergrande Collapse to Reign in Surging Housing Prices

Fresh from calling out BlackRock and Ray Dalio over their optimistic investing prospects in China,...

Wednesday, September 22, 2021, 11:28:00 AM

Russia Agrees to Grant China Access to Major Trade Route, Giving Security Issues for Japan

In a significant geopolitical shift, Russia has agreed to grant China access to navigate the...

Tuesday, June 18, 2024, 04:26:00 PM