Ark has bought Alibaba after four years, optimistic about the recovery of China's AI technology.

2025-09-24 03:14:01

Ark Invest, led by Cathie Wood, has re-entered Alibaba after more than four years, reflecting optimism about the recovery of China's AI and technology.

Ark Fund re-buys Alibaba after a four-year hiatus.

Ark conducted a massive purchase of Alibaba ADRs through its two ETFs on September 22, 2025, with a total investment of approximately $16.28 million. The specific details are as follows:

ARKF: 49,799 shares, valued at 8.18 million USD

ARKW: 49,291 shares, valued at 8.1 million USD

Alibaba ADR (BABA) hit its highest level since November 2021 on Tuesday, nearly doubling year-to-date. After intensified competition from rivals like Pinduoduo impacted its core e-commerce business, investors have increased their bets on the internet giant's artificial intelligence strategy, believing it could revive growth.

(Jack Ma makes a strong return to Alibaba! Shouting MAGA and competing again with JD.com and Meituan)

According to Bloomberg, Ark's first investment in Alibaba dates back to 2014, when Alibaba had just completed its initial public offering (IPO). However, after September 2021, Ark completely divested all its holdings due to regulatory pressures in China. This re-investment by Ark also reflects optimism about the recovery of AI and technology in China.

Ark also bought Baidu and Pony.ai

Since the crash of Chinese internet stocks in 2021, Ark has been limiting its holdings in Chinese internet stocks. This latest investment may mark the return of Ark Capital. Earlier this year, Ark Capital began to increase its holdings in Baidu (BIDU), and on Monday, it further added more shares of this search engine operator, bringing its total holding value to approximately $47 million.

Ark's ETF also invested in electric vehicle manufacturer BYD, autonomous driving technology company Pony.ai (PONY), and JD Logistics, although these shares are relatively small.

This article discusses Ark's purchase of Alibaba after a four-year hiatus, expressing optimism about the revival of China's AI technology. It first appeared in Chain News ABMedia.

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