Cathie Wood takes first stake in Alibaba in four years, worth over $16 million
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最新报道：According to a report from Bijie.com, Cathie Wood, known as "Wood Sister," has reopened her fund holdings in Alibaba (BABA.N), the first time in four years. According to the daily trading report released by Wood's Ark Investment Management, two of the company's ETFs purchased Alibaba ADRs on Monday, with a total value of approximately $16.3 million. On Tuesday, Alibaba ADRs hit their highest level since November 2021, nearly doubling year-to-date. According to a search tool from the U.S. Securities and Exchange Commission, Ark's first investment in Alibaba dates back to 2014, shortly after the company went public that year. However, no investment or proxy voting records have been found since September 2021. This latest investment may mark the beginning of Ark's renewed expansion of its investments in the Chinese internet sector.
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