Be in the know. 20 key reads for Wednesday…

  1. What the Afghanistan Withdrawal Means for Defense Stocks (Barron’s)
  2. BlackRock calls for investors to lift allocations to China’s markets (Financial Times)
  3. HSBC’s Chairman Says China Opportunities ‘Too Big to Ignore’ Despite Politics (Bloomberg)
  4. Goldman Is Back on Top —Of the Shareholder List for the Troubled Chinese Stock Formerly Known as GSX (institutionalinvestor)
  5. Tencent profits jump 29% despite China’s regulatory crackdown (Financial Times)
  6. Minutes of the Fed’s July Meeting Due Today. Look for Clues on the Taper Debate. (Barron’s)
  7. Krispy Kreme Climbs As Sales, Outlook Top Estimates. Its CEO Sees More To Come. (Barron’s)
  8. Rich Investors Are Buying Risky Credit That Banks Won’t Touch (Bloomberg)
  9. Americans Turn Against China Stocks as Crackdown Angst Deepens (Bloomberg)
  10. Hedge Funds Blindsided by China Risk (Bloomberg)
  11. China Eyes Wealth Redistribution in Push for ‘Common Prosperity’ (Bloomberg)
  12. China Looks to Be Defusing Government’s Hidden Debt Bomb (Bloomberg)
  13. Tencent is Ready to Back Its Biggest Investment Yet (Bloomberg)
  14. Labor Day has been a turning point in markets the last three years. Here’s what one strategist sees happening next. (MarketWatch)
  15. Baidu launches second chip and a ‘robocar’ to set up AI and driverless future (CNBC)
  16. Tencent Looks Abroad as Beijing Tightens the Screws at Home (Wall Street Journal)
  17. ViacomCBS upgraded to Overweight from Equal Weight at Wells Fargo (The Fly)
  18. Investors Bet Corporate Spending and Buybacks Will Support Stocks (Wall Street Journal)
  19. Walmart’s Earnings Report Shows Sales Rose as Shoppers Returned to Stores (Wall Street Journal)
  20. The $2.5 million 2022 Lamborghini Countach is already sold out (Fox Business)