"Wood Sister" holds Alibaba for the first time in four years valued at over 16 million US dollars.

"Wood Sister" Kathy Wood's fund has restarted its position in Alibaba, the first time in four years. According to the daily trading report released by Wood's Ark Investment Management, the company's two ETFs bought Alibaba ADR on Monday, totaling approximately $16.3 million. On Tuesday, Alibaba ADR reached its highest level since November 2021, nearly doubling in value since the beginning of the year. According to the SEC search tool, Ark's initial investment in Alibaba can be traced back to 2014, shortly after the company went public that year. However, no investment or voting records were found after September 2021. This latest investment may signal Ark's renewed expansion in the Chinese internet sector.