Ark Invest CEO Cathie Wood has been hightailing out of Chinese stocks. She breaks down her strategy amid expanding regulatory crackdown — including what she’ll be buying instead with the cash raised.
Ark Invest CEO Cathie Wood commands a cult-like reverence among retail investors, so it is no wonder that her recent warning about the “valuation reset” of and subsequent exit from Chinese stocks has raised some eyebrows.
Wood, who hunts for companies…
