(Post 180/Yr 5 wk 5)Company Report:ARK Investment Management Daily Trades 9/24/2021[Signify Health]
By Sonicericsg  •  September 25, 2021
9/24/2021 Short summary of Ark trades for 9/24/2021 Evergrande company did not make its $83.5 million interest payment owed to bondholders and Chinese authorities have instructed the local government to prepare for the potential downfall if Evergrande fails.Also,People's Bank of China (PBOC), the country’s central bank, announced it was banning the transaction and mining of crypto.This resulted in various growth stock declining.Ark invest has taken the opportunity continue to increase their shares in KRATOS,Signify and Robinhood. One important thing to note that Ark has completely sell all of its Tencent stock in ARKK ETF ,ARKX ETF,ARKW,ARKQ ETF,only its ARKF still hold TENCENT.Ark has also sold all of its ke holdings stock in its ETF.Another important thing to note that ARK has sold all of its baba position at sept 4 and do not hold any more baba shares as of 23 sept.This could be a good start to initiate position in chinese company for those risk taker. Another stock that Ark has exited their entire position is PSTI...
Read the full article
By Sonicericsg
Hi everyone, I'm soniceric, my real name is of course not soniceric, it's just Ericsson :) The reason I name this blog as soniceric is a word play on the brand of "sony Ericsson" hence soniceric(geddit?) I am currently a 22 years old nsf who is about to ord soon and receiving a paltry ns allowance of $800 per month. To date, I have managed to save more than 10k and have already use the money for various purpose(emergency fund, peer to peer lending,posb invest saving and stocks, trading etc).

Your email address will not be published.


Your Email Address will not be published

Read More Articles
More from thefinance