I invested $475,000 SGD in 3 China tech stocks, namely Alibaba, Baidu and SMIC. They show a loss of 22.2% or $105.000.
These stocks are on average about 50% down from their peak prices during the past 52 weeks.
The forward PE ratios for these stocks are quite modest, compared to similar tech stocks in America. I will hold these stocks and wait for their recovery.