Anonymous asked in Business & FinanceInvesting · 3 months ago

Why are East Asian stocks selling off hard today too? they are supposedly recovered from Covid19 or not? why?

1 Answer

  • david
    Lv 5
    3 months ago
    Favorite Answer

    If you're talking about the market, they don't open until 21:00 Sunday, so ...? If you're talking about individual companies liquidating holdings, what would you do? Tuesday is going to be a financial earthquake, whatever happens. There's no trading until Sunday night (Monday morning in Asia). So get out now, maaaayyyybe hit and be liquid enough to fill any market niche you want on Tuesday night/Wednesday. 

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