Be in the know. 14 key reads for Wednesday…

  1. China Pledges Domestic Consumption Expansion to Boost Growth (bloomberg)
  2. China Asks Some Funds to Avoid Net Equity Sales as Markets Sink (bloomberg)
  3. com’s Sales Beat Estimates Despite Chinese Economy Weakness (bloomberg)
  4. China Digs Deeper Into Toolbag in Grapple With Investor Gloom (bloomberg)
  5. China Will Have to Put More Fiscal Policy to Work: Leong (bloomberg)
  6. China Is Buying the Most Iranian Oil in a Decade, Kpler Says (bloomberg)
  7. Why China’s Reopening Isn’t Providing Enough Youth Employment (bloomberg)
  8. OMNI PGA Frisco Resort, a new star in golf travel (golfdigest)
  9. TENCENT (00700.HK) Expects Domestic Games Revenue to Resume YoY Growth in 3Q23 (aastocks)
  10. Inflation is on a glide path towards sub-2% by the middle of next year, says Fundstrat’s Tom Lee (cnbc)
  11. Surprise Rate Cut Confirms Economic Support Measures (chinalastnight)
  12. Furious Investors Protest Outside China’s Insolvent Shadow Banking Giant After It Misses Payments, Warns “Liquidity Has Suddenly Dried Up” (zerohedge)
  13. Shoppers Boost Retail Sales for Fourth Straight Month (wsj)
  14. Biden’s China Investment Rules Go Far Enough (bloomberg)