Saxo Bank noterer, at det amerikanske investeringsselskab Ark Invest køber op af Alibaba og JD.com. Det tyder på en øget interesse i at spekulere i kinesiske high-tech-aktier. Ark Invest har gamblet hårdt på Tesla.
Ark Invest is buying Chinese technology companies such as Alibaba and JD.com.
The key earnings releases to watch in China are Alibaba on Thursday and JD.com on Friday, and they are even more interesting to watch given Ark Invest is increasing its exposure to Chinese technology names.
A couple of months ago we first flagged the Tesla-Bitcoin-Ark risk cluster as something to take note off as short-term correlation between Tesla and Bitcoin was shooting up. A survey from Charles Schwab also confirmed our suspicion that there is a big overlap as these two instruments are among the top five holdings by millennials.
Our analysis quickly led us to Ark Invest with its famous Ark Innovation ETF which had a big position in Tesla and its charismatic founder Cathie Wood is a big believer in the so-called disruptive innovation culture of Silicon Valley.
This class of people believe firmly in technology as mainly good for society in all its aspects and that Bitcoin is a protection against future wealth confiscation which is most likely inevitable due to historically high wealth inequality.
