China stocks are down big, but some brave investors are taking a shot at buying the dip

Alibaba Ant Group stands at the World Conference on Artificial Intelligence in Shanghai, China, on July 7, 2021.
Costfoto | Barcroft Media | Getty Images

Many global stock investors have tried to weather Beijing's regulatory crackdown, but the investing environment is tough and risky. One major investor said he is holding on but has lost some conviction.