Big rethink ahead after a hellish July for US-listed Chinese stocks

With investors staring down hundreds of billions of dollars of losses this month alone, many are left wondering when this latest wave of regulatory crackdowns will end

It’s been a hellish month for China-based companies listed in the US. A clampdown by Beijing authorities led to the worst selloff since the financial crisis, prompting a broad reassessment for a burgeoning corner of the world’s largest stock market.

The Nasdaq Golden Dragon China Index -- which tracks 98 of China’s biggest firms listed in the US -- plunged 22 per cent in July, its biggest one-month drop since October 2008. Amid the rubble, some investors see opportunities for companies and money managers alike. Either way, the heightened government oversight has added a new variable to the analysis on owning