Group 1 - Cathie Wood's Ark Invest has significantly increased its holdings in Alibaba and Baidu stocks over three consecutive days, reflecting a renewed focus on Chinese tech stocks [1][2] - On September 30, Ark Invest purchased $4.1 million worth of Alibaba shares, followed by $5.5 million on October 1, and approximately $2.74 million on October 2 [1] - For Baidu, Ark Invest bought $6.9 million on September 30, $2.97 million on October 1, and around $6.4 million on October 2 [1] Group 2 - As of October 3, Ark Invest's market value for Baidu holdings reached $29.4 million, accounting for 0.35% of the ETF, while Alibaba's holdings were valued at $26 million, representing 0.31% [3] - The recent buying activity coincides with a rebound in foreign capital inflows into the Chinese stock market, which reached $4.6 billion, indicating a positive sentiment towards Chinese assets [5] Group 3 - The buying spree by Ark Invest is seen as a confidence booster for the Chinese concept stocks market, especially amid signs of stabilization in the Chinese economy and new growth points in the tech sector [4]