So, this is the second post in the series of my attempt to construct my own ARK Innovation ETF. I actually have other counters in mind, but I can't reveal my cards before I am in my positions yet. I promise you it's not all Chinese companies, but these are the ones I have decided to invest on as usually Chinese companies are relatively undervalued compared to their American counterparts. That doesn't mean that As China and the United States are the two biggest economy and the most innovative countries in the world, the counters will skew heavily towards them. What is GDS? GDS is a data centre operator from China. Note that unlike other competitors, it's not a REIT. Hence, unlike Digital Realty (DLR) and Equinix (EQIX), GDS does not have the obligation to pay 90% of their taxable income as distributions (dividends) Disclaimer : My cost price on this counter is 63.58 having average up once at $80. Who are the shareholders? As you can see, STT has 34% shares. STT is ST