Asian stocks see heavy outflows for second straight month in November

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Asian stocks see heavy outflows for second straight month in November

- Asian stocks were under selling pressure from foreign investors for a second consecutive month in November amid worries over potential U.S. tariff hikes on regional exports under the incoming Donald Trump administration next year.

Last month, Trump pledged to impose significant tariffs on the United States' three largest trading partners, including China, a move that could impact regional exports heavily reliant on strong supply chains with China. Indonesian, Vietnam and Thai shares also saw foreign outflows worth $1.06 billion, $461 million and $395 million, respectively.

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