With some words on crackdown, the Chinese government can easily put all our fundamental and technical analyses to waste. Little transparency is there on its economy performance whose latest GDP growth appeared to hold up despite widespread lockdown and supply disruptions at its economic powerhouse Shanghai. While officials have come urging calmness while its stock market drops, it remains to be seen whether and how Chinese government is going to follow through its words with concrete actions in propping up the market. Until all dust has settled and there is more clarity in predicting the next move by the Chinese government, I would prefer$Amazon.com(AMZN)$to $Alibaba(09988)$. I may miss the bottom, but I avoid hurting myself by catching a falling knife too.

@TigerStars