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ARK’s Cathie Wood May Be Selling Chinese Tech Stocks at the Wrong Time

ARK's Cathie Wood May Be Selling Chinese Tech Stocks at the Wrong Time

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Catherine Wood (Trades, Portfolio) of ARK Invest has been selling Chinese tech stocks, saying she has lost faith in them and that there will be a “valuation reset,” according to Bloomberg News . “From a valuation point of view, these stocks have come down and again from a valuation point of view, probably will remain down,” she said.

...read full article on GuruFocus

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