China Last Night KraneShares Key News China outpaced the rest of Asia overnight as the continent’s markets were mixed as concerns over global growth continue to mount. Yesterday, US Fed Chair Jerome Powell acknowledged the risk of a recession, but the market appears to have shrugged off his statement on the issue. Internet stocks traded sharply higher overnight on comments from President Xi, more signals of a reprieve for fintech, and a lack of new lockdown news. Alibaba led advances in the sector where most internet companies have reported Q1 earnings except for Trip.com, which reports on Monday. The electric...