As of February 18, 2025, TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED is the most valuable company in Asia, with a market cap of $840 billion. Following it are TENCENT HOLDINGS LIMITED ($551 billion) and INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED ($323 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) | $840 billion |
| 2 | TENCENT HOLDINGS LIMITED | $551 billion |
| 3 | INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED | $323 billion |
| 4 | SAMSUNG ELECTRONICS CO., LTD. | $259 billion |
| 5 | KWEICHOW MOUTAI CO., LTD. | $255 billion |
| 6 | AGRICULTURAL BANK OF CHINA LIMITED | $247 billion |
| 7 | TOYOTA MOTOR CORPORATION | $241 billion |
| 8 | CHINA MOBILE LIMITED | $226 billion |
| 9 | CHINA CONSTRUCTION BANK CORPORATION | $216 billion |
| 10 | BANK OF CHINA LIMITED | $203 billion |
| 11 | PETROCHINA COMPANY LIMITED | $197 billion |
| 12 | RELIANCE INDUSTRIES LTD | $179 billion |
| 13 | TATA CONSULTANCY SERVICES LTD. | $164 billion |
| 14 | CATL (CONTEMPORARY AMPEREX TECHNOLOGY) | $163 billion |
| 15 | HDFC BANK LIMITED | $150 billion |
| 16 | MITSUBISHI UFJ FINANCIAL GROUP, INC | $148 billion |
| 17 | SONY GROUP CORPORATION | $147 billion |
| 18 | CHINA MERCHANTS BANK CO., LTD. | $146 billion |
| 19 | XIAOMI CORPORATION | $144 billion |
| 20 | BYD COMPANY LIMITED | $140 billion |
| 21 | CHINA LIFE INSURANCE COMPANY LIMITED | $131 billion |
| 22 | HITACHI, LTD. | $130 billion |
| 23 | MEITUAN INC. | $129 billion |
| 24 | PING AN INSURANCE (GROUP) COMPANY OF CHINA, LTD. | $120 billion |
| 25 | BHARTI AIRTEL LIMITED | $119 billion |
| 26 | CNOOC LIMITED | $118 billion |
| 27 | ICICI BANK LIMITED | $103 billion |
| 28 | KEYENCE CORPORATION | $101 billion |
| 29 | SK HYNIX INC. | $101 billion |
| 30 | CHINA SHENHUA ENERGY COMPANY LIMITED | $100 billion |
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