Ark Invest, led by Cathie Wood, has expanded its portfolio with significant investments in Chinese tech giants Baidu and Alibaba. On October 15, the firm purchased 111,281 shares of Baidu, valued at approximately $13.52 million, and 75,541 shares of Alibaba, worth around $12.53 million. This move underscores Ark Invest's strategic interest in major technology companies.
Ark Invest Acquires $26.05M in Baidu and Alibaba Shares
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