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A negative day for equity markets in Asia, equity markets slipping after gains yesterday but a slightly negative lead from the US. The Hang Seng leads the way lower with losses of almost 1.5%, Tencent has dragged the index down as markets evaluate implications of Beijing's broad crackdown on Chinese internet giants with some negative press reports also doing the rounds. Markets in mainland China are lower by around 0.5%, coronavirus concerns are becoming more of an issue; there were 61 cases in the past 24 hours, up from 55 the day before. As a result of the steadily increasing numbers millions of people have been placed under lockdown. Markets in South Korea and Taiwan are slightly lower, there are some marginal gains in other emerging market indices. In the US futures are slightly higher, e-mini Dow and e-mini S&P contracts seeing small gains and e-mini Nasdaq flat.