Things about Asia's markets you might not have known

Apple’s market capitalization exceeds that of Taiwan, Korea, or all six of the largest ASEAN markets combined. Singapore’s GDP is larger than Hong Kong’s, but its market cap is less than 10% of the HKEX’s. Despite a rocky 2023, Asia’s markets are expected to continue powering ahead this year. HSBC Global Research recently revealed lesser-known facts about Asian stock markets in 2023. One key finding is that Apple’s market cap is bigger than the entire listed equity universe of Taiwan or South Korea. Additionally, the combined market cap of the top 5 Chinese property companies is equal to Indonesia’s largest bank, BCA. Singapore’s GDP is larger than Hong Kong’s, but the SGX market cap is less than 10% of the HKEX.