Case Increase Directs Asian Stocks to Sale
The worldwide
increase in cases directs Asian stocks to sale. Asian stock markets were mostly sales-oriented on the last trading day of the week.
Stocks in Asian stock markets fell with concerns that Friday's trading could disrupt the economic recovery as a result of tighter restrictions due to an increase in cases in the coronavirus outbreak.
While stocks lost very little in Hong Kong, Australia and China, the index fell sharply in Japan, with cases increasing rapidly in the country.
Trump, the current President of the United States, signed a decree to prohibit Americans from investing in Chinese companies that support the Chinese military.
Trump banned US investments to 20 Chinese companies, claiming they were controlled by the Chinese military. The deadline for the sale of US operations of the Chinese video sharing platform
TikTok has been extended until December 14.