Asian shares slipped on Tuesday, extending a pullback from multi-year highs hit last week on renewed fears a highly infectious new strain of COVID-19 that shut down much of Britain could lead to a slower global economic recovery.MSCI's gauge of Asia Pacific stocks outside Japan fell 0.21%. China's benchmark CSI300 Index and Hang Seng Index both opened down 0.2%.
"Illiquid conditions will persist through year-end, but dips like this could present more of an opportunity to fade than anything else," he said. The discovery of the new strain, just months before vaccines are expected to be widely available, renewed fears about the virus, which killed about 1.7 million people worldwide. As a result European shares fell on Monday in their worst session in almost two months.