Let’s wait until August to see how the optical module sector’s mid-year report turns out. Then compare it with the current price of “Yi Zhong Tian,” and you’ll be able to tell just how deep the waters are in China’s A-share market. For this optical module performance, believe it early—around the 3,800-point mark on the ChiNext is a solid buying opportunity. Don’t end up, after the mid-year report comes out, as the one left holding the bag with your value-investing play.