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The U.S. woke up to news on Thursday that the virus epidemic saw a huge leap in the number of confirmed cases. Turns out, it wasn't as bad as it seemed since the jump was attributed to China deciding to take into account cases diagnosed by doctors using clinical methods. Market players were also quickly distracted from the novel coronavirus by Alibaba Group's (BABA) 4Q 2019 earnings release.
Among the key holdings of the Chinese Internet sector representative ETF, the KraneShares CSI China Internet ETF (KWEB), video-streaming platform