The China Choke & Throttle

A daily market update from FS Insight — what you need to know ahead of opening bell

"Ability will never catch up with the demand for it." — Confucius

Overnight

Nasdaq hits record to kick off the second half of 2024 WSJ

Chewy shares fall nearly 7% for Monday as the boost from Roaring Kitty’s new stake diminishes CNBC

Boeing agrees to buy Spirit AeroSystems in $4.7bn deal FT

Hurricane Beryl churns toward Jamaica as Category 5 storm CNN

Silvergate, of crypto infamy, sued by SEC for securities fraud MW

Ron Howard and Brian Grazer’s Imagine Entertainment seeks buyer WSJ

U.K. film-tech group DNEG valued at $2bn after Abu Dhabi fundraising FT

U.K. startups turn to Silicon Valley to fill void left by risk-averse pension funds FT

The foreign investors left stranded in Evergrande’s web of Chinese debt FT

China’s central bank moves to address bond frenzy FT

Chinese brokers launder hundreds of millions for global crime groups FT

Shein, Temu are swamping airfreight capacity, sending rates soaring WSJ

Bundesbank chief calls for German tax cuts to boost investment FT

BlackRock enters booming market for stock ETFs with a 100% hedge BBG

A real-estate fund industry is bleeding billions after Starwood capped withdrawals WSJ

Frequent trading and overdiversification lead to poor investment strategies IW

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