Be in the know. 9 key reads for Friday…

  1. Chinese Stocks in US Rally on Sign That Policy Support May Come (bloomberg)
  2. BABA’s Cainiao Global Stocking Vol. Spikes 4x YoY for 618 Shopping Craze (aastocks)
  3. Buy Hang Seng, sell AI, says BofA’s Hartnett (streetinsider)
  4. China Mulls New Property Support Package to Boost Economy (bloomberg)
  5. Payrolls Soar By 339K, Blowing Away Highest Estimate, Even As People Employed Tumble By 310K Sending Unemployment Rate Higher (zerohedge)
  6. China Property Bailout Rumors Send Global Markets Higher (zerohedge)
  7. Senate Approves Deal Raising Debt Ceiling, Averting U.S. Default (wsj)
  8. Hong Kong equities rally driven by internet stocks (ft)
  9. Tencent, Alibaba surge as China stimulus bets fan best stock gain in 3 months (scmp)