Be in the know. 15 key reads for Thursday…

  1. China’s Economy Is Perking Up. Cheap Money Helped. (barrons)
  2. China’s Factory Activity Sparks Hope Slump Is Bottoming Out (bloomberg)
  3. 3M Stock Catches Another Upgrade. Why Sentiment Is Shifting. (barrons)
  4. Fed’s Bostic says U.S. interest rates are high enough (cnbc)
  5. Manufactured Home Stocks Are Jumping. Hurricane Idalia Could Spur Demand. (barrons)
  6. “Though macro concerns remain and we could see periods of volatility, we continue to see the restructuring as a potential long-term value driver,” Patil said. “Alibaba remains, in our belief, the main China e-commerce player and continues to see a large secular growth opportunity.” (barrons)
  7. PCE Measure of Shelter Slows to 7.8% YoY in July (calculatedrisk)
  8. China Eases Down Payments, Mortgage Rates in Fresh Stimulus Move (bloomberg)
  9. UBS Gets Everything It Wants From Credit Suisse (wsj)
  10. Sea Brings Back One of Its Top Game Titles in India After Ban (bloomberg)
  11. After Four Years, the $205,000 Maserati GranTurismo Is Back: Review (bloomberg)
  12. The Chinese property market may look like it’s imploding. But one expert doesn’t think it’ll cause a financial crisis — and there may even be a bright spot. (businessinsider)
  13. Rent growth nosedived again in August as tenants gain leverage over landlords — and apartments in these 42 cities are actually cheaper now than they were last year (businessinsider)
  14. The S&P 500 is about to take off in a month-long rally that will retest its 2023 high, Fundstrat says (finance.yahoo)
  15. China allows the public to use generative AI chatbots for the first time (scmp)