Kind of feels like the 2015 tech stock crash. Back then, the ChiNext Index dropped 40% in the first wave, then rebounded 30% in three weeks, followed by a second wave dropping another 40% before bottoming out, and then a big rebound of 60%. If the STAR 50 drops 40% now, around 1350 might be a good spot to bet on a rebound. It might take another 2-4 weeks, probably mid to late August. During this period, Lao Deng rebound.