Russia is toxic to Asian stock markets

Russia just asking China for help cost their stock market over $2 trillion.

Panic Selling Grips Tencent, Alibaba, Meituan Again as Concerns Pile Up – Bloomberg:

Chinese stocks listed in Hong Kong had their worst day since the global financial crisis, as concerns over Beijing’s close relationship with Russia and renewed regulatory risks sparked panic selling.


The worry is about what would happen to China’s economy if they re seen as helping Russia. Just the mention of it as China denied the rumor.

This has to getting China’s attention as its eyes towards Taiwan have gotten larger recently.

Image:[Images of Money]