Nasdaq to Extend Trading Hours, Competing with Asian Markets

• Nasdaq will extend trading hours to nearly 23 hours a day starting December 6.
• The new trading window will run from 9pm to 4am Eastern Time, affecting Asian markets.
• During US winter time, this corresponds to 10am to 5pm in Hong Kong.
• This change aims to bring Wall Street into real-time competition with Asian markets.
• The move is expected to impact trading dynamics in Hong Kong and other Asian financial hubs.