China stocks were badly hit during the past few days. 

I have a large investment in the following stocks. 

There was a strong recovery today. Some of the stocks moved up by 10% or more. 

I prefer to hold stocks that have dropped significantly below their true value, based on my computation using their price earning ratio and dividend yield. 

I do not sell the stock for technical reasons, hoping to buy them back at a lower price. 

Sometimes, the stocks recover sharply and there is no opportunity to buy them back at a good price. 

Tan Kin Lian