VIPS - Baidu Is Not GM JOYY Is Not Nikola

• The world's biggest trade deal is signed by America's allies together with China but the U.S. is excluded. More regional free trade deals are expected, boding well for related companies.
• The performance of the various Chinese ETFs can differ widely from week to week. Investors need to be aware of the portfolio component weightage and discern the pros and cons.
• I perform a quick digest of the slew of earnings releases by the plethora of Chinese internet companies.
• The accusations by Muddy Waters on JOYY might be build on malice, a genuine lack of understanding of the industry, or plain denial due to sunk cost.
• I discuss further on some points raised in the short-seller report.

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