Be in the know. 40 key reads for Tuesday…

  1. Alibaba (BABA) gains as China eases pressure on Ant Group (streetinsider)
  2. Ant IPO Might Actually See Light: China Proposes Lower Penalty For Jack Ma’s Fintech Affiliate (benzinga)
  3. China’s GDP Beat Expectations. Alibaba, Baidu and JD.com Are Rising. (barrons)
  4. China’s Consumer-Driven Growth Gives Boost to Global Economy (bloomberg)
  5. Investors Most Underweight Stocks Versus Bonds Since 2009, BofA Says (bloomberg)
  6. Why NDR Is Still Bullish on Stocks — For Now (institutionalinvestor)
  7. China’s Economy Rebounds After Three Years of Zero-Covid Isolation (wsj)
  8. Chinese Millennials Look Beyond Property Investments to Build Wealth (bloomberg)
  9. China’s GDP growth rises to 4.5%, as economic recovery appears back on track (marketwatch)
  10. Case for Stocks Is Seen in Model Showing Economic Bottom Is Past (bloomberg)
  11. Consumer spending could become the backbone of a new growth model but that would require Beijing to relinquish some political control (ft)
  12. China’s Commodities Output Roars Ahead as Economy Reopens (bloomberg)
  13. The Dollar Is Not Losing Its Status Any Time Soon (bloomberg)
  14. De-dollarisation is just a pipe-dream (thehindubusinessline)
  15. Warren Buffett and Japan’s Trading Titans Would Be Formidable Allies (wsj)
  16. Top 5 China Stocks: Li Auto, NetEase Flash Buy Signals (investors)
  17. Alibaba integrates own ChatGPT-style service to collaboration app DingTalk (scmp)
  18. Bank of America’s Earnings Top Expectations. Profit Climbs 15%. (barrons)
  19. J&J’s Stock Is Rising. It Beat on Earnings, Raised Guidance. (barrons)
  20. Kevin McCarthy Says House GOP Plans to Vote on Debt Limit, Spending Cuts (wsj)
  21. China’s Xi Jinping Seeks to Shake Trans-Atlantic Solidarity With Flurry of Diplomacy (wsj)
  22. Rockefeller Center Strikes Deal for Luxury Hotel by Aspen Hospitality (wsj)
  23. Few Banks Are Hedging Interest-Rate Risk (wsj)
  24. Connecticut Horse Farm Sells After Nearly a Decade On and Off the Market (wsj)
  25. China’s Economy Defies Naysayers (wsj)
  26. S. Car Brands Will Benefit Most From Electric Car Tax Breaks (nytimes)
  27. Eight Months In, What Is Happening With Biden’s CHIPS Act? (bloomberg)
  28. China’s Diplomatic Dance Isn’t What It Seems (bloomberg)
  29. For the first time since 1945, RBC sees signs market may ignore recession (cnbc)
  30. The stock market is poised to rally thanks to strong earnings and a weakening dollar, Deutsche Bank’s chief US equity strategist says (businessinsider)
  31. Nobel economist Paul Krugman says there’s no real risk to the dollar – unless the US defaults on its debt (businessinsider)
  32. How to Tell Biotech’s Likely Winners From Losers (wsj)
  33. European shares hold near 14-month top, sterling strengthens (streetinsider)
  34. Taiwan Semi (TSM) upgraded at Susquehanna as ‘worst case dialed in’ (streetinsider)
  35. FT Alphaville. Rumours of China’s economic demise may be greatly exaggerated (ft)
  36. China’s economy: five takeaways from first-quarter GDP data (ft)
  37. China’s economy rebounds more than expected after Covid reopening (ft)
  38. Investors bet US dollar has further to fall (ft)
  39. Amazon: Breaking Down CEO Andy Jassy’s Shareholder Letter for 2022 (gurufocus)
  40. Hong Kong Rises On Signs of Consumer Comeback (chinalastnight)

Be in the know. 22 key reads for Monday…

  1. Alibaba Cloud Debuts Generative AI Model for Corporate Users (alizila)
  2. China Pumps $25 Billion in Funds to Banks While Keeping Key Rate on Hold (bloomberg)
  3. The Pig Still Hasn’t Fully Exited the Python (bloomberg)
  4. The US dollar’s recent slide is flashing a bullish signal for markets (businessinsider)
  5. Merck to buy Prometheus Biosciences for $10.8 billion (marketwatch)
  6. The U.S. dollar is under fire from rival nations. What happens to markets if the greenback loses its world dominance? (marketwatch)
  7. M&T Bank’s Earnings Defy Turmoil to Top Forecasts. The Stock Is Rising. (barrons)
  8. A Ferrari 275 Originally Owned by the Late Actor Steve McQueen Heads to Auction (barrons)
  9. Why 5% interest rates might not derail the stock market or the U.S. economy (marketwatch)
  10. Walmart borrowing $5 billion in debt highlights a thaw in a crucial area of financial markets (marketwatch)
  11. Banks Are Finally Facing Pressure to Pay Depositors More (wsj)
  12. Drug and Game Makers Lead M&A’s Latest $20 Billion Bounce (bloomberg)
  13. Hedge Funds Go All In on Dollar, First Time in Over a Year (bloomberg)
  14. Moderna and Merck’s combo cancer-vaccine treatment shows ‘significant’ promise (marketwatch)
  15. Moderna is developing a vaccine against the tick-borne Lyme disease, in a first for the company (marketwatch)
  16. The U.S. dollar is under fire from rival nations. (marketwatch)
  17. BlackRock’s Larry Fink says there’s no big recession headed for the US economy, but inflation will be ‘stickier for longer’ (businessinsider)
  18. Howard Marks says rock-bottom rates are history, bitcoin has its uses, and AI won’t replace the best investors. Here are his 8 best quotes from a new interview. (businessinsider)
  19. New York Factory Activity Expands for First Time in Five Months (bloomberg)
  20. Goldman Sachs sees ‘relative outperformance’ for V.F. Corp. (VFC), double upgrades to Buy, raises target (streetinsider)
  21. Coach CEO latest luxury brand chief to visit ‘growth engine’ China post-Covid (scmp)
  22. Foreign brands flock to China’s Hawaii as consumption rebounds (scmp)