Cathie Wood Ark
Cathie Wood's Ark Innovation ETF has cut all its exposure to China.
  • Tech investor Cathie Wood's flagship Ark Innovation ETF now has zero exposure to China assets.
  • Wood said on Thursday the fund started paring its stake in China following Beijing's tech crackdown.
  • Alibaba co-founder Jack Ma was one of the highest-profile targets of the crackdown.

China's crackdown on Alibaba spooked tech investor Cathie Wood so much that she slashed the China exposure of Ark Invest's flagship fund down from a significant percentage in 2020 to zero now.