Be in the know. 20 key reads for Thursday…

  1. Bargain Hunters Are Buying Up Alibaba Stock (barrons)
  2. Chinese stocks are looking cheap. Fund manager explains why he’s betting on Alibaba (cnbc)
  3. China Triples Investment Project Approvals to Stimulate Economy (bloomberg)
  4. ‘Big Oil’ Responds To Biden’s Threats: Here’s 10 Things You Can Do To Ease Gas Prices (zerohedge)
  5. ‘Let it rot’: China’s tech workers struggle to find jobs (ft)
  6. Charlie Munger reads like a machine, swears constantly, and clashed with Warren Buffett over Costco and BYD, a close friend reveals in a new interview. Here are the 9 best quotes. (businessinsider)
  7. Truckers Will Benefit as Companies ‘Onshore’ Supply Chains: Survey (barrons)
  8. Fed Fights Inflation With Largest Rate Hike Since 1994 (barrons)
  9. The Yen’s Weakness Is Another Sign That Something Isn’t Right in the Global Economy (barrons)
  10. The Housing Market Is Slowing Down. There’s Some Hope for Buyers. (barrons)
  11. S. Home Equity Hits Highest Level on Record—$27.8 Trillion (wsj)
  12. Macron Says Ukraine and Russia Must Eventually Talk (wsj)
  13. China’s Economy Shows Signs of Recovery, but Covid Lockdown Threat Remains (wsj)
  14. The PGA Tour Banned LIV Golfers. They’re Playing in the U.S. Open Anyway. (wsj)
  15. Powell Sets Path to Restrain Economy and Stop Runaway Inflation (bloomberg)
  16. Why China’s 2022 Party Congress Will Be a Landmark (bloomberg)
  17. Cigna to buy back $3.5 billion of its stock through accelerated repurchases (marketwatch)
  18. JPMorgan Estimates Amazon Prime Worth $1100 to Subs, Stock Remains Best Idea (streetinsider)
  19. Fed’s full-tilt inflation fight makes a ‘softish’ landing harder to achieve (ft)
  20. Buy This Warren Buffett Stock for 58 Cents on the Dollar (fool)