Be in the know. 20 key reads for Monday…

  1. “Singling out internet platform firms, the officials said they would support the companies in playing a leading role in economic development, creating jobs and competing in the international market.” (bloomberg)
  2. China ADRs to Climb the Great Wall of Worry as PCAOB Resets HFCAA Clock, Week in Review (chinalastnight)
  3. China to maintain ample liquidity in 2023 to implement proactive fiscal policy, state media report (reuters)
  4. China’s Revival Could Help the World Avoid Recession (barrons)
  5. Emerging Markets Haven’t Seen a Bull Run in a Decade. Why There’s Hope for 2023. (barrons)
  6. Why This Housing Downturn Isn’t Like the Last One (wsj)
  7. Hedge Fund Bets Against Hong Kong’s Dollar Peg Have a Long History—and Little Success (wsj)
  8. Retailers Rethink In-Store Tech as Shoppers Return (wsj)
  9. ‘Bond King’ Bill Gross: The Fed may have already reached its optimal interest rate (fortune)
  10. Stock Market’s Brutal Year Leaves Wall Street With Little Faith in a Rebound (bloomberg)
  11. Investors Lose Another Shootout Against the Fed (bloomberg)
  12. China says it will step up support for economy in 2023 (reuters)
  13. JEFFERIES: Buy these 20 bargain-priced stocks ahead of a rebound to get 2023 off to a good start (businessinsider)
  14. Best stock picks for 2023: Here are Wall Street analysts’ most heavily favored choices (marketwatch)
  15. Pool Corp. Can Regain Buoyancy (wsj)
  16. Supercar Maker McLaren Teams Up With Lockheed Martin Skunk Works (zerohedge)
  17. Meta Platforms (META) stock could rally 30%, JPMorgan upgrades to Overweight (streetinsider)
  18. US to Buy Oil to Replenish Energy Reserve – Bloomberg (streetinsider)
  19. The Fed needs to stop raising rates (ft)
  20. Hong Kong’s IPOs may pick up in 2023, lifted by China’s reopening (scmp)