- Hong Kong’s Callable Bull/Bear Contracts Create Forced Selling (chinalastnight)
- Peak China narrative is flawed, former Australian prime minister says (marketwatch)
- Retail sales rise 0.6% in December, topping expectations for holiday shopping (cnbc)
- Xi Wants Strong Yuan in Push to Make China a ‘Financial Power’ (bloomberg)
- China Reaches Its Economic Goal for 2023 (5.2% GDP) (bloomberg)
- US GDP estimated to finish 2023 at 2.4% (conference-board)
- China GDP for the last three months of 2023 rose by 5.2%, missing analysts’ estimates of 5.3% in a Reuters poll. GDP growth for the full year was also 5.2%. Retail sales grew by 7.4% in December from a year ago, also missing expectations for 8% growth. (cnbc)
- Wall Street Banks See Dealmaking Comeback (bloomberg)
- Walt Disney makes its case for rejecting activist shareholder Nelson Peltz (cnbc)
- Biden administration unveils proposed changes to big banks’ overdraft fees (cnbc)
- Mortgage demand surges more than 10% as lower interest rates lure homebuyers (cnbc)
- The average prediction among five firms, including Goldman Sachs and Morgan Stanley, pointed to a 4.6% increase in China’s real GDP this year, down from 5.2% expected for 2023. (cnbc)
- China: “The longer deflation stays, the bigger policy stimulus is required.” (bloomberg)
- Pfizer CEO Bourla Bets His Pension on Company Stock (barrons)
- 10 Stocks That Show Why Healthcare Stocks Are Hot in 2024 (barrons)
- Disney Rejects Nelson Peltz’s Push for Board Seat. There Was a More Surprising Omission. (barrons)
- Trouble for the U.S. economy? Empire State gauge sinks to lowest level since pandemic. (marketwatch)
- China Isn’t Going to Put the Squeeze on Taiwan’s New Leader for Now. He Doesn’t Have a Mandate. (barrons)
- Will Chatbots Teach Your Children? (nytimes)
- Lagarde Says It’s Likely ECB Will Cut Rates in Summer (bloomberg)
- Davos Live: Blinken Signals More Biden-Xi Interaction This Year (bloomberg)
- China Brings Back Youth Jobless Rate, With Rosier Number (bloomberg)
- Li Hails China’s 2023 Rebound in Davos Debut (bloomberg)
- More Grid Trouble: Tennessee Valley Authority Asks Customers To Conserve Power Amid Cold Blast (zerohedge)
- China’s 2023 GDP shows patchy economic recovery, raises case for stimulus (reuters)
- Investors raise billions to buy discounted stakes in start-ups (ft)
- Hong Kong IPO pipeline grows as Chinese restaurant chain files application (scmp)
