Seems like the nearly $4B raised would not last much longer. Developers Face $12 Billion Trust Payments: Evergrande Update. Need to pay $103B in the next 13 months.

China’s struggling real-estate firms had another miserable month in November as a slump in home sales deepened. The country’s builders are facing $12 billion in trust payments coming due in December, posing a major challenge for an industry whose liquidity …

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Cathie Wood says her firm is testing a more aggressive strategy that would be ‘ARK on steroids’

https://www.cnbc.com/2021/11/24/cathie-wood-says-firm-is-testing-a-more-aggressive-strategy-that-would-be-ark-on-steroids.html Cathie Wood — known for her innovation ETFs that garnered billions in inflows during the pandemic — said Ark Invest is internally testing a fund that takes the strategy a step further by simultaneously betting against major stocks in …

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