The Digital Source For China's Tech Innovation Since 2000

Search
Close this search box.

ARK's Cathie Wood Cuts Exposure To China-Based Names And Dumps $100 Million In Tesla This Week

September 10, 2021
Source: google.com google.com
News Snapshot:
ARK's Cathie Wood Cuts Exposure To China-Based Names And Dumps $100 Million In Tesla This Week Cathie Wood is cutting her exposure to China...and to Tesla. The revered fund manager, often seen as the second coming by retail investors and financial media, drastically cut her ties to China-based companies amid the growing tensions between the Chinese Communist Party and many U.S. listed Chinese companies. Wood only held onto names that were identifiably “currying favour” with Beijing, FT reported this week . Wood expounded on her thought process on Thursday of this week at the Mizuho Securities investor conference. The environment...
Go To Original Source →
Tags: Beijing | China | Chinese | communist | education | electric vehicle | environment | ETF | finance | financial | fund | government | HERE | innovation | Internet | investor | IT | media | online shopping | Pinduoduo | retail | robotics | supply chain | technology | Tesla

Other Related News:

Huawei disappoints viewers by not discussing Mate 60 phones at product launch

September 26, 2023

Former foreign minister Marc Garneau says Canada, South Korea should form closer ties

September 26, 2023

Stock market today: Wall Street drifts as the pressure keeps mounting from the bond market

September 26, 2023

Zhilei Zhang can 'wallop' but will struggle to get fights with Tyson Fury, Anthony Joshua or Oleksandr Usyk, says Tony Bellew

September 26, 2023

Why emerging markets might finally deliver

September 26, 2023

Safety alert: Canada balloon recall due to ingestion hazard

September 26, 2023

Biden meets Pacific island leaders for 2nd summit to counter China

September 26, 2023

US hits Chinese, Russian firms over Moscow military aid

September 26, 2023

Nepal, China Sign 12 Agreements During PM Prachanda's Visit to Beijing

September 26, 2023
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
© 2023 ChinaTechNews.com. A Service of Asia Media Network.
Twitter