Wilder Planet Jumps 69%

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🇰🇷 🇰🇷 Shares of Wider Planet that uses artificial intelligence to produce advertising jumped 69% in two sessions after it said Squid Game star Lee Jung-jae would become its biggest shareholder
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BofA Warns Markets Getting Carried Away

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🇺🇸 🇺🇸 Bank of America cautions investors on overly optimistic rate cut predictions
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China’s Data Turns Deflationary

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🇨🇳 🇨🇳 China’s deflationary CPI data sends yuan to 3-week low. China CPI -0.5% y/y vs -0.1% expected
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China Pork Prices Slump Further

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🐷 🐷 Chinese pork prices tumbled more than 6% last week despite efforts by authorities to boost the market, adding to growing concerns around deflation in Asia’s biggest economy
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This Is How Communist China Works

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🇨🇳 🇨🇳 Bloomberg: The way Agnes Chow describes it, Hong Kong’s national security police offered her a deal. Renounce her activist past, and she could leave Hong Kong for Canada to study. Reject the offer, and she would remain confined to the city. She took the deal
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Jokowi Does It Again

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🇮🇩 🇮🇩 ByteDance Ltd.’s TikTok agreed to invest $1.5 billion in a joint venture with Indonesia’s GoTo Group that it will control, part of a pact that lets the Chinese company restart its shopping app in its biggest online-retail market
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Focus On The Movers [And Shakers]

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A New Paradigm

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JPMorgan Likes China Growth Stocks

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🇺🇸 🇺🇸 The JPMorgan China 2024 outlook predicts that the Federal Reserve’s long-awaited pivot and China’s gradual economic recovery mean it is time to shift away from a value investing strategy to a growth one
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Bitcoin Drops 5%

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🚨 🚨 Bitcoin prices just fell over 5% in a matter of minutes, hitting as low as $41,500
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