China Last Night KraneShares Key News Asian equities posted mixed results on light volumes as summer doldrums kicked in. The WSJ reported that “according to people familiar with the issue,” Didi will be fined $1B, ending its investigation and allowing the company to resume full operations. According to the WSJ, the latter is more important than the former as the fine “would account for about 4% of Didi’s $27.3 billion total sales last year”. The article also states that Didi will relist in Hong Kong though I don’t see a filing. Relatively quiet overnight though markets held up despite the...