of Serbia lost out in a tight match to the world number 5 Robin Soderling in the ATP Masters 1000 event in Shanghai China.
Soderling eased through the 1st set 6-3 but the 2nd set was far tighter and the Serb had 2 set points but he was not able to convert and the Swede managed to edge it on a tiebreaker.
Earlier this year Tipsarevic earned a superb 3 set win over the world number 4 Andy Murray in the 2nd round of the ATP 500 event in Dubai winning in 3 tight sets.
The Serb went on to beat Andy Roddick last month in the 2nd round of the US Open in Flushing Meadows New York.
He had another good win a few weeks ago when he beat the Wimbledon finalist Tomas Berdych in 4 sets in the Semi Final of the Davis Cup in Belgrade.