Top investing minds are split over whether the recent reckoning in Chinese stocks is a falling knife or chance to buy the dip. 4 experts share how they’re reacting to the sharp selloff.

• Chinese stocks are trading at steep discounts as China threatens firms with antitrust regulations.
• Investors are debating whether or not the dip is worth buying given the uncertainty.
• Here’s how four firms are viewing the pullback, and some investing ideas to consider.

Buying the dip in stocks has been a nearly fool-proof investing strategy over the past year. But the dramatic collapse of Chinese stocks in the past 30 days, as measured by the S&P/BNY Mellon China Select ADR Index (BKTCN), is putting that mindset to the test.

Technology titans like Alibaba (BABA), Baidu (BIDU), and JD.com (JD) have plummeted, as have trendy stocks like electric-vehicle maker NIO Inc. (NIO) and IPOs like Didi Global (DIDI).

The heavy-handed Chinese government incited the turmoil by suggesting that it may force private education companies like TAL Education Group (TAL) and New Oriental Education Group (EDU) to delist and become nonprofits. That comes after China penalized ride-sharing firm Didi Global following its initial public offering, and fined Alibaba $2.8 billion for antitrust violations.