Be in the know. 22 key reads for Wednesday…

  1. Alibaba’s Hong Kong primary listing can be magnet for China’s 210 million investors (scmp)
  2. Softer US Inflation, Retail Data Offer Fed Some Leeway (bloomberg)
  3. China Considers Government Buying of Unsold Homes to Save Property Market (bloomberg)
  4. Alibaba, Tencent beat forecasts with strong results, a harbinger of China’s improving corporate earnings as economic growth takes root (scmp)
  5. Fiscal Bazooka: China Considers Buying Millions Of Homes To Save Property Market (zerohedge)
  6. JPMorgan’s Jamie Dimon Calls For ‘Full Engagement’ With China (bloomberg)
  7. Google’s I/O Event Kicks Off With Promise of More AI (barrons)
  8. The Super Rich Are Eating Out, but Families Aren’t. Restaurants Are Starving. (marketwatch)
  9. Is it worth it to own Treasurys right now? These 5 charts might hold the answer. (marketwatch)
  10. Amazon Gets New Cloud-Computing Boss as AI Battle Shakes Up Its Top Profit Engine (wsj)
  11. He Quit Wall Street to Coach Ivy League Tennis—and Built a Columbia Powerhouse (wsj)
  12. How China Rose to Lead the World in Cars and Solar Panels (nytimes)
  13. Why Is Car Insurance So Expensive? (nytimes)
  14. Cramer: Ford and GM are winners after Biden raises tariffs on Chinese imports (cnbc)
  15. The S&P 500 just flashed a bullish signal that suggests the stock market will hit record highs this summer (businessinsider)
  16. AI Is Electrifying These Power Producers’ Shares (wsj)
  17. NYCB’s loan sale to JPM praised as ‘important first step’ in turnaround (marketwatch)
  18. Traders Ramp Up Bets in Options Market on Large ECB Rate Cuts (bloomberg)
  19. PBOC Rolls Over Policy Loan With Growth, Currency on Mind (bloomberg)
  20. Dollar hits one-month low against euro before US data, falls vs yen (streetinsider)
  21. OpenAI co-founder and chief scientist Ilya Sutskever departs (ft)
  22. Brazilian government ousts Petrobras chief after dispute over dividends (ft)