Be in the know. 25 key reads for Tuesday…

  1. Hopes of China easing Covid restrictions further take hold as market observers detect a delicate shift in tone (scmp)
  2. Big hedge funds shop for bargains in corporate debt markets (ft)
  3. Reasons Are Adding Up for Optimism on Inflation (bloomberg)
  4. Xi Jinping Needs to Bring Jack Ma Back Into the Fold (bloomberg)
  5. China Weighs Gradual Zero-Covid Exit but Proceeds With Caution, Without Timeline (wsj)
  6. Meta Is Spending Like an Oil Company. It Needs to Stop. (barrons)
  7. Nvidia Plans New Chip for China to Meet U.S. Rules (barrons)
  8. Where to Find Stocks That Will Rise 10 Times (barrons)
  9. Xi’s New No. 2 Faces Challenge to Make China’s Economy Hum Again (bloomberg)
  10. Why Central Banks Got Serious About Digital Money (bloomberg)
  11. China Expands Financing Tool That Can Support Ailing Developers (bloomberg)
  12. Semiconductor stocks have bounced from 2022 lows — and analysts expect upside of at least 28% in the next year (marketwatch)
  13. What midterm election results mean for the stock-market bounce, according to Morgan Stanley’s Wilson (marketwatch)
  14. Norwegian Cruise Line Beats Earnings Estimates and Signals Record 2023. The Stock Is Rising. (barrons)
  15. Jokowi Says Joe Biden, Xi Jinping to Attend G-20 Summit in Bali (bloomberg)
  16. China’s Lockdowns Fail to Contain Covid as People’s Anger Grows (bloomberg)
  17. Hedge-Fund Manager Who Helped Expose Luckin Coffee’s Fraud Bets on Chinese Chain’s Comeback (wsj)
  18. JPMorgan breaks down 4 reasons why it’s time to buy into small and mid-cap stocks amid aggressive monetary tightening (businessinsider)
  19. There’s only a 35% chance that the US suffers a recession in the next year, top Goldman Sachs economist says (businessinsider)
  20. Jeremy Siegel says the housing crash will force Fed chief Powell to ‘flip sometime’ on inflation and pivot (businessinsider)
  21. There are 2 big catalysts that could be a ‘game changer’ for the stock market this week, according to Fundstrat’s Tom Lee (businessinsider)
  22. Nobel laureate Paul Krugman says ‘true’ US inflation may have cooled to below 4% – and points to falling rental prices and slowing wage growth as proof (businessinsider)
  23. Alibaba’s international arm is spending millions to expand into South Korea (cnbc)
  24. Berkshire Sold $5 Billion of Financial Stocks, Possibly Citigroup and Bank of NY (barrons)
  25. This year’s World Internet Conference to have less glitz and more policy (scmp)