Be in the know. 40 key reads for Tuesday…

  1. Alibaba (BABA) gains as China eases pressure on Ant Group (streetinsider)
  2. Ant IPO Might Actually See Light: China Proposes Lower Penalty For Jack Ma’s Fintech Affiliate (benzinga)
  3. China’s GDP Beat Expectations. Alibaba, Baidu and JD.com Are Rising. (barrons)
  4. China’s Consumer-Driven Growth Gives Boost to Global Economy (bloomberg)
  5. Investors Most Underweight Stocks Versus Bonds Since 2009, BofA Says (bloomberg)
  6. Why NDR Is Still Bullish on Stocks — For Now (institutionalinvestor)
  7. China’s Economy Rebounds After Three Years of Zero-Covid Isolation (wsj)
  8. Chinese Millennials Look Beyond Property Investments to Build Wealth (bloomberg)
  9. China’s GDP growth rises to 4.5%, as economic recovery appears back on track (marketwatch)
  10. Case for Stocks Is Seen in Model Showing Economic Bottom Is Past (bloomberg)
  11. Consumer spending could become the backbone of a new growth model but that would require Beijing to relinquish some political control (ft)
  12. China’s Commodities Output Roars Ahead as Economy Reopens (bloomberg)
  13. The Dollar Is Not Losing Its Status Any Time Soon (bloomberg)
  14. De-dollarisation is just a pipe-dream (thehindubusinessline)
  15. Warren Buffett and Japan’s Trading Titans Would Be Formidable Allies (wsj)
  16. Top 5 China Stocks: Li Auto, NetEase Flash Buy Signals (investors)
  17. Alibaba integrates own ChatGPT-style service to collaboration app DingTalk (scmp)
  18. Bank of America’s Earnings Top Expectations. Profit Climbs 15%. (barrons)
  19. J&J’s Stock Is Rising. It Beat on Earnings, Raised Guidance. (barrons)
  20. Kevin McCarthy Says House GOP Plans to Vote on Debt Limit, Spending Cuts (wsj)
  21. China’s Xi Jinping Seeks to Shake Trans-Atlantic Solidarity With Flurry of Diplomacy (wsj)
  22. Rockefeller Center Strikes Deal for Luxury Hotel by Aspen Hospitality (wsj)
  23. Few Banks Are Hedging Interest-Rate Risk (wsj)
  24. Connecticut Horse Farm Sells After Nearly a Decade On and Off the Market (wsj)
  25. China’s Economy Defies Naysayers (wsj)
  26. S. Car Brands Will Benefit Most From Electric Car Tax Breaks (nytimes)
  27. Eight Months In, What Is Happening With Biden’s CHIPS Act? (bloomberg)
  28. China’s Diplomatic Dance Isn’t What It Seems (bloomberg)
  29. For the first time since 1945, RBC sees signs market may ignore recession (cnbc)
  30. The stock market is poised to rally thanks to strong earnings and a weakening dollar, Deutsche Bank’s chief US equity strategist says (businessinsider)
  31. Nobel economist Paul Krugman says there’s no real risk to the dollar – unless the US defaults on its debt (businessinsider)
  32. How to Tell Biotech’s Likely Winners From Losers (wsj)
  33. European shares hold near 14-month top, sterling strengthens (streetinsider)
  34. Taiwan Semi (TSM) upgraded at Susquehanna as ‘worst case dialed in’ (streetinsider)
  35. FT Alphaville. Rumours of China’s economic demise may be greatly exaggerated (ft)
  36. China’s economy: five takeaways from first-quarter GDP data (ft)
  37. China’s economy rebounds more than expected after Covid reopening (ft)
  38. Investors bet US dollar has further to fall (ft)
  39. Amazon: Breaking Down CEO Andy Jassy’s Shareholder Letter for 2022 (gurufocus)
  40. Hong Kong Rises On Signs of Consumer Comeback (chinalastnight)