To say that Chinese tech stocks have been hammered down upon over the past few days is an understatement. The Chinese crackdown saga became prominent a few days after Didi’s listing in NYSE, when Chinese government introduced the cybersecurity review of the ride hailing company and suspended its new user signup, sending shares tumbling. These resulted in a spillover effect on Chinese internet stocks, causing the shares to spiral down. A few days later, the news circulating that China would be forcing tutoring companies to go non-profit was indeed the last straw that broke the camel’s back. Tech titans like Alibaba, Tencent, Meituan Dianping and BiliBili, just to name a few, got terribly hit. To give some perspective, Tencent has lost $170 billion of market value within a month, and Bloomberg calls it “the world’s worst stock bet”. Most of the Chinese Internet companies are either listed in NYSE or...