@bernardtayet:No one can with certainty said Chinese Stocks have bottom out. Prices are still dropping alot due to institutional sell off due to fear of delisting and continued regulatory control. Retailers, like Tigers friends here perceive that prices will decline further too.  To me, most Chinese stocks are undervalued rather than reaching their bottom. Without government intervention, prices will continue to decline when more global funds shun Chinese ADR including the giant valuable tech stock.  The sudden reversal in prices is due to policy signals from Chinese government to prevent financial instability and deceleration of economic growth. Investors are assured that the regulatory control will end soon, the delisting fear of US listed Chinese Stocks is reduced by USA and China