[ROFLMAO]

It is always a buy when savvy investors are questioning themselves out of the valuation assessment and trying to
guess what Chjna govt will do etc. Use what you know and what you don't is just uncertainty....manage it.

Right now valuations are very low ...so clearly its a buy.

While they ask questions ...I am buying.

China is about CCP. I totally understand the concept of business, cagr, p/s, discounted cash flow etc…Yes. Correct. We should use this as a gauge for investment.
But in China, ccp makes decision. If they think your company is worth $0, then it worth $0 lo. Nothing as ooi….intrinsic value based on discount cash flow of Alibaba is US$250. Now is US$200. Very wuhua! Education sector already kana big time. Whatever valuation you say, if they say no profit, no fund raising and cannot do this and that, indirectly take hammer and whack you upside down.
I still believe alignment to ccp is crucial. After all these cases, those ceos will learn and eventually bring the companies to next height.

remember this. Ccp already show that they will only grow stronger and stronger. It is a matter of which companies will grow together with them. And which ones will be left behind. If you want to be guai lan with them like didi, confirm you suffer