Be in the know. 14 key reads for Wednesday…

  1. Crown Castle Announces Comprehensive Fiber Review and Additions to the Board (crowncastle)
  2. If Xi’s government privatizes inefficient state-owned enterprises, expands access for foreign businesses, and provides more social services and better protection of private property, the economy would embark on a much stronger growth path. (bloomberg)
  3. Buy Now Pay Later Is Booming. Shoppers Tell Us Why. (barrons)
  4. Intel CEO Says Company Will Beat TSMC and the U.S. Will Stay Ahead of China in AI Race. Here’s Why. (barrons)
  5. Alibaba CEO Takes Direct Control of Domestic E-Commerce Businesses (wsj)
  6. Powell’s Pivot Sows Confusion Over When and How Fast Fed Will Cut (wsj)
  7. These Tesla Wannabes Are Running Out of Road (wsj)
  8. The Hedge Fund Traders Dominating a Massive Bet on Bonds (bloomberg)
  9. “Eddie’s leadership of both Alibaba Cloud and [Taobao and Tmall Group] will ensure total focus on, and significant and sustained investment in, our two core businesses of cloud computing and e-commerce, as well as enabling TTG to transform through technology innovation,” Tsai’s letter said. (cnbc)
  10. Alibaba Group CEO Wu Yongming also serves as Taotian Group CEO to ensure unified command of core strategies (alibabanews)
  11. Hema, Ele.me, Alibaba Digital Media & Entertainment: News on Capital Planning Untrue (aastocks)
  12. Crown Castle hires bankers for strategic review of its fiber business as part of pact with Elliott Investment Management (marketwatch)
  13. Alibaba’s Damo Academy forms new unit as home for over 100 postdoctoral researchers (scmp)
  14. Shanghai Disney Resort opens world’s first Zootopia-themed attraction (scmp)