Asia Pac Markets Tracking Lower After Negative US/EU Leads

Regional equity markets are in the red for Asia Pac markets today, tracking weaker leads from US/EU markets in Thursday trade. Still, losses, for the most part, aren't as large as yesterday's session. A number of markets are also away from session lows. US equity futures have mostly stayed in the red, but losses are modest so far. Eminis last just under 4444. This is comfortably above Thursday session lows around 4420.

• The HSI is off by ~1% at the break, slightly up from session lows. The HS Tech sub index is down around 2%, the third straight session of losses. This follows weakness in the Golden Dragon index (-3%) during US trade on Thursday. Headlines crossing that ANT's regulatory revamp will be ended with a fine, may aid sentiment post the break.
• China's Premier Li Qiang also spoke about well targeted stimulus measures to stabilize growth on Thursday but details remain light at this stage. Details are also light on Yellen's meetings with various China officials that have taken place today.
• China's CSI 300 is off -0.55% at the break, last tracking near 3820. Moves sub the 3800 level in this index have drawn support in recent months.
• Tech related plays are weaker. The Taiex down 0.5%, while the Kospi has shed 1.25%, weighed by Samsung post Q2 earnings results. The Japan Topix is down 0.40% at this stage.
• The ASX 200 is off by 1.50% to be one of the weakest performers in the region today.
• SEA markets are down, with the Philippines bourse the worst performer, at ~1% lower.