Things you might not have known about Asia's markets

Apple’s market cap surpasses that of Taiwan, Korea, and the six biggest ASEAN markets combined. Singapore’s GDP is larger than Hong Kong’s, but its market cap is less than 10% of the HKEX. Despite a tumultuous 2023, Asia’s markets are expected to continue thriving this year. HSBC Global Research highlighted lesser known facts about Asian stock markets in 2023. Apple’s market cap is larger than the equity universe of Taiwan and South Korea combined. The combined market cap of the top 5 Chinese property companies is now equal to Indonesia’s largest bank. Singapore’s GDP is larger than Hong Kong’s, but the SGX market cap is significantly lower due to listing mostly Singapore and ASEAN firms. Hong Kong’s stock exchange has a broader appeal, encompassing local listings, H-shares, and global brands.