Cathie Wood says China crackdown will weigh on investors' memories and could happen to any industry

GP: Cathie Wood attends the East Side House Settlement Gala Preview of the 2010 New York International Auto Show at Javits Center on April 1, 2010 in New York City.
Neil Rasmus | Patrick McMullan | Getty Images

Widely followed money manager Cathie Wood said the crackdown efforts by Chinese regulators will have a lasting impact on investor sentiment and the affected stocks could have a hard time bouncing back.