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CEOWORLD magazine - Latest - Special Reports - Asia’s Largest Companies by market capitalization, 2024

Special Reports

Asia’s Largest Companies by market capitalization, 2024

Hong Kong

As of June 14, 2024, TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED is the most valuable company in Asia, with a market cap of $736 billion. Following it are TENCENT HOLDINGS LIMITED ($449 billion) and Samsung Electronics Company Limited ($379 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

RANKCOMPANYMARKET CAPITAL (USD DOLLAR)
1TSMC (TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY)$736 billion
2TENCENT HOLDINGS LIMITED$449 billion
3SAMSUNG ELECTRONICS CO., LTD.$379 billion
4KWEICHOW MOUTAI CO., LTD.$269 billion
5TOYOTA MOTOR CORPORATION$269 billion
6INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED$250 billion
7PETROCHINA COMPANY LIMITED$242 billion
8RELIANCE INDUSTRIES LTD$237 billion
9CHINA MOBILE LIMITED$208 billion
10AGRICULTURAL BANK OF CHINA LIMITED$198 billion
11CHINA CONSTRUCTION BANK CORPORATION$179 billion
12BANK OF CHINA LIMITED$169 billion
13TATA CONSULTANCY SERVICES LTD.$168 billion
14HDFC BANK LIMITED$144 billion
15CNOOC LIMITED$135 billion
16MITSUBISHI UFJ FINANCIAL GROUP, INC$119 billion
17CHINA SHENHUA ENERGY COMPANY LIMITED$119 billion
18CHINA MERCHANTS BANK CO., LTD.$113 billion
19CATL (CONTEMPORARY AMPEREX TECHNOLOGY)$112 billion
20SK HYNIX INC.$111 billion
21KEYENCE CORPORATION$106 billion
22SONY GROUP CORPORATION$103 billion
23TOKYO ELECTRON LTD.$103 billion
24BHARTI AIRTEL LIMITED$102 billion
25HITACHI, LTD.$99.81 billion
26SHIN-ETSU CHEMICAL CO., LTD.$79 billion
27RECRUIT HOLDINGS CO., LTD$77.29 billion
28LIFE INSURANCE CORPORATION OF INDIA$75.88 billion
29DBS GROUP HOLDINGS LTD$75.52 billion
30INFOSYS LIMITED$74.05 billion

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CEOWORLD magazine - Latest - Special Reports - Asia’s Largest Companies by market capitalization, 2024

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Christina Miller
Associate News Editor at CEOWORLD Magazine. I lead the reporting team that covers US financial services and I write a business column for the opinion section. I write news pieces about the US and European market for start-ups and interview CEOs for our interview slot. I also presented one of the CEOWORLD magazine's early podcast hits, Money Stories, in which I persuadeded notable CEOs to share insights into the breaking news, moments of crisis and key decisions that enabled them to build successful international companies.