Be in the know. 24 key reads for Thursday…

  1. Deal Nears to Let U.S. Inspect Chinese Company Audit Records in Hong Kong (wsj)
  2. Beijing reaffirms message of support for Big Tech as Alibaba’s Taobao Maker festival showcases merchants betting on new consumer trends (scmp)
  3. China Adds 1 Trillion Yuan More of Stimulus to Rescue Growth (bloomberg)
  4. Stocks Rise on Chinese Stimulus and Jackson Hole Summit (barrons)
  5. Alibaba, JD.com, and Other Asian Stocks Jump. This Time, Thank China’s Government. (barrons)
  6. China Lifts Infrastructure Spending to Bolster Growth After Lockdowns (barrons)
  7. Morgan Stanley and JPMorgan Issue Warnings About QT (bloomberg)
  8. Warren Buffett Backs Driverless Trucks. Now They’re Real. (bloomberg)
  9. Good Luck Taking Away China’s Manufacturing Mojo (bloomberg)
  10. Pension Funds Are Selling Their Office Buildings (wsj)
  11. Atlanta Fed’s Bostic tells WSJ it’s a coin toss between supporting 50bp or 75bp hike (marketwatch)
  12. You Don’t Need to Pay Up Anymore for PayPal (wsj)
  13. EXCLUSIVE China regulator warns banks against yuan selling – sources (reuters)
  14. 5 Reasons to Expect a Dovish Tone From Fed’s Powell in His Jackson Hole Speech (barrons)
  15. Will You Watch Tiger Woods and Rory McIlroy Play Monday Night Golf? (wsj)
  16. China Rolls Out Aid to Help Power Firms and Save Rice Harvest (wsj)
  17. Biden’s Student Loan Forgiveness Plan to Cancel Up to $20,000 in Debt for Millions (wsj)
  18. Junk-Bond Rally Trips Over Fears of Interest-Rate Increases (wsj)
  19. Chinese Developers Lean on Government Bond Guarantees (wsj)
  20. Auto Shows Are ‘So Over,’ Brands Want to Debut Luxury Cars at Pebble Beach (bloomberg)
  21. Goldman Sachs: Buying the stocks most popular with hedge funds has beaten the market consistently for the past 20 years. Here are the 20 that fit the bill right now. (businessinsider)
  22. Goldman Sachs has run the numbers on student-loan forgiveness. This is its assessment. (marketwatch)
  23. Go Big in Vegas—Stocks, That Is (wsj)
  24. Hedge funds build biggest bet against Italian debt since 2008 (ft)