Leading stock exchanges APAC 2024, by domestic market capitalization

As of March 2024, the Japan Exchange Group had the largest domestic market capitalization among stock exchanges in Asia Pacific, amounting to nearly seven trillion U.S. dollars. Second in the ranking was the Shanghai Stock Exchange Group, followed by the Shenzhen Stock Exchange. 

Stock exchanges in Asia Pacific

The major stock exchanges in the Asia-Pacific region are the Tokyo Stock Exchange in Japan, the Shanghai and Shenzhen Stock Exchange in Mainland China, the Hong Kong Stock Exchange in Hong Kong, and the Bombay Stock Exchange in India, which is also the oldest stock exchange in Asia. Also, five out of the ten largest stock exchange operators in the world are located in Asia.

What is market capitalization?

Market capitalization, also commonly referred to as “market cap”, is a measure of the total market value of outstanding shares of a company on the stock market. It indicates a company’s relative size and value while taking various determinants such as risk and the market’s perception into consideration. There are large-cap (>10 billion), mid-cap (2 to 10 billion) and small-cap (300 million to 2 billion) companies depending on their market capitalization.