Do your DD man.. There are tons and tons of Chinese stocks that are far more profitable, and have far more cash than their market cap than DANG, just take a look around and some of the Chinese ADRs.
For example:
QXM has $4 in cash minus debt and trading at 1.
NEP market cap equals cash and is has a P/E of under 3 and will be growing faster than DANG.
I'm not going to name the all, you get the point. Chinese stocks are dead, many are scams, and this has no bottom in my opinion.