Majobuki:
You have answered your own question:
"...not trusting Chinese stocks"
That is why this one, and several others I hold, are hovering around 1 times earnings, when any reasonable valuation, especially with the growth here, would be more in the 5 to 10 times earnings range.
As the saying goes, buy when there is blood in the streets. This is surely a time of blood in the streets, with respect to Chinese stocks!
I have been buying this one for months, and continue to buy on dips. It will be a big winner, I predict.