As of November 19, 2024, TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED is the most valuable company in Asia, with a market cap of $817 billion. Following it are TENCENT HOLDINGS LIMITED ($476 billion) and INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED ($283 billion).
Which one is the most valuable in Asia by market cap?
This list comprises the biggest companies currently in Asia by market cap in 2024:
Asia’s Largest Companies by market capitalization, 2024
| RANK | COMPANY | MARKET CAPITAL (USD DOLLAR) |
|---|---|---|
| 1 | TSMC (TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY) | $817 billion |
| 2 | TENCENT HOLDINGS LIMITED | $476 billion |
| 3 | INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED | $283 billion |
| 4 | SAMSUNG ELECTRONICS CO., LTD. | $272 billion |
| 5 | KWEICHOW MOUTAI CO., LTD. | $271 billion |
| 6 | AGRICULTURAL BANK OF CHINA LIMITED | $227 billion |
| 7 | TOYOTA MOTOR CORPORATION | $227 billion |
| 8 | CHINA MOBILE LIMITED | $200 billion |
| 9 | PETROCHINA COMPANY LIMITED | $197 billion |
| 10 | CHINA CONSTRUCTION BANK CORPORATION | $197 billion |
| 11 | RELIANCE INDUSTRIES LTD | $190 billion |
| 12 | BANK OF CHINA LIMITED | $186 billion |
| 13 | TATA CONSULTANCY SERVICES LTD. | $172 billion |
| 14 | CATL (CONTEMPORARY AMPEREX TECHNOLOGY) | $159 billion |
| 15 | HDFC BANK LIMITED | $154 billion |
| 16 | CHINA LIFE INSURANCE COMPANY LIMITED | $144 billion |
| 17 | MITSUBISHI UFJ FINANCIAL GROUP, INC | $136 billion |
| 18 | CHINA MERCHANTS BANK CO., LTD. | $130 billion |
| 19 | MEITUAN INC. | $129 billion |
| 20 | PING AN INSURANCE (GROUP) COMPANY OF CHINA, LTD. | $126 billion |
| 21 | SONY GROUP CORPORATION | $113 billion |
| 22 | BYD COMPANY LIMITED | $110 billion |
| 23 | CHINA SHENHUA ENERGY COMPANY LIMITED | $109 billion |
| 24 | BHARTI AIRTEL LIMITED | $109 billion |
| 25 | CNOOC LIMITED | $108 billion |
| 26 | ICICI BANK LIMITED | $105 billion |
| 27 | KEYENCE CORPORATION | $102 billion |
| 28 | CHINA PETROLEUM & CHEMICAL CORPORATION | $98.47 billion |
| 29 | FAST RETAILING CO., LTD. | $97.87 billion |
| 30 | RECRUIT HOLDINGS CO., LTD | $92.87 billion |
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