Chinese stocks have always been very unpredictable with the Chinese government's influence. So there is no guarantee that the Chinese stocks have bottomed out. 

But we all know that most of the Chinese stocks have become undervaluated due to the Chinese regulatory pressure. With the Chinese government looking to ease the restriction as well as their efforts trying to prevent US-listed Chinese companies from getting delisted, there is a good chance that the Chinese stocks will go up. 

Furthermore, with the high inflation rate and interest hike in US, growth in the US companiesare expected to slow down. So money may bepouring into the China market where there is potential regulatory easing and potential tapering of interest rate. 

One concern with the China market now may be the massive lockdown due to rising COVID19 cases. But these are largely omicron infection which is known to be less severe. So once this is over, it may well be the trigger of a boost in the China market

Overall, I would say that the China market is worth investing in now. But do your due diligence and not throw everything you have in without knowing what you are investing in. 

Just my humble opinion. I may be wrong.