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Ark Invest has slashed exposure to China, says Cathie Wood

Ark Invest has slashed exposure to China, says Cathie Wood

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Ark Investment Management boss Cathie Wood said her lead fund has slashed its exposure to China as the government clamps down on big tech companies in particular. Beijing’s new quest for “common prosperity” was making the People’s Republic a “quite different” place to invest, she told the Mizuho Securities investor conference.

...read full article on Proactive Investors

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