Should we expect more downside on Chinese tech stocks, or have they priced the regulatory headwind already?

$BABA now at 31x earnings from 55x
$TME at 27 from 70
$TCEHY at 21 from 45!

Short term pain, long term gain… the name of the game

Meanwhile  🚀

$SPY $QQQ  https://t.co/8MhjCiUbg2