Asia-Pacific stock markets sold out in the afternoon, with analysts saying there may be two main reasons

On November 12th, this afternoon, the Asia-Pacific stock market sold out across the board. As of press time, the MSCI Asia-Pacific index fell 1% to 185.82 points, the Hong Kong Hang Seng Technology index fell more than 3.8%, the Taiwan stock market weighted index fell more than 2%, and the South Korean stock index fell more than 1.5%. The Nikkei index fell nearly 1%. So, what happened? Analysts believe that the market plunge may be mainly due to two reasons: one is that the US dollar index and US bond yields continue to rise sharply; the second is that the US Philadelphia semiconductor index weakened, and the United States once again strictly controls the semiconductor ban. In addition, the latest research shows that the probability of a US recession has risen sharply from 65% to 75% since last week's presidential election due to the possibility of a new wave of trade wars after US President-elect Trump takes office. The recent collective weakness in commodities may also be due to this expectation.