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Benzinga
Benzinga
World
Shanthi Rexaline

Why Cathie Wood Says Nio, Xpeng Could Be Immune To Chinese Regulatory Crackdown

NIO Cathie Wood Xpeng NYSE Ark Invest

U.S.-listed Chinese electric vehicle startups Nio, Inc. (NYSE:NIO) and XPeng, Inc. (NYSE:XPEV) have traded down alongisde the stocks of Chinese tech giants that have been pulled up by regulators on the basis of anticompetitive practices.

Despite market fears, the EV makers are unlikely to be caught in the regulatory crosshairs, according to Ark Invest founder Cathie Wood.

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