Day: July 28, 2021

Cathie Wood’s ARK Innovation ETF Has Sold Nearly All Its Chinese Stocks

Text size Cathie Wood, chief executive officer of ARK Investment Management. Alex Flynn/Bloomberg ARK Invest’s Cathie Wood continued to exit Chinese stocks this week as Beijing’s crackdown on the tutoring industry caused sharp swings in the nation’s stocks market.   According to the company’s website, ARK’s largest fund, the $22.4 billion ARK Innovation (ticker: ARKK), has