Be in the know. 15 key reads for Monday…

  1. Alibaba’s Main AI App Debuts Strongly in Effort to Rival ChatGPT (bloomberg)
  2. Alibaba’s Qwen chatbot exceeds 10 million downloads, faster than ChatGPT and DeepSeek (scmp)
  3. Alibaba’s Cainiao expands parcel service in Africa as demand for Chinese goods surges (scmp)
  4. China’s AI stock rally has room to run as valuations lag US giants, Goldman Sachs says (scmp)
  5. China National Team-Tied ETFs Were Among Most Bought in Selloff (bloomberg)
  6. We Have Not Seen Goldman This Bullish on China in a Long Time (zerohedge)
  7. The AI Industry Is Built on a Big Unproven Assumption (bloomberg)
  8. AI Meets Aggressive Accounting at Meta’s Gigantic New Data Center (wsj)
  9. For Software Stocks, It’s Been an AI Bust, Not a Boom (morningstar)
  10. Morgan Stanley’s Wilson Sees US Stock Pullback Coming to an End (bloomberg)
  11. No recession risk for US economy as a whole after $11 billion shutdown hit, Bessent says (reuters)
  12. Howard Marks: ‘People are shakily optimistic’ (ft)
  13. LNG Freight Rates Extend Rally on Strong North American Exports (bloomberg)
  14. Stellantis Boosts Citroën Output on Affordable Car Demand (bloomberg)
  15. GXO Logistics completes €500m European bond offering (investing)