Taiwan's stock market has jumped to fifth globally! 💥 Is a 50,000 mark just around the corner? Is this why @aleabitoreddit started tweeting in Chinese? 😂 Taiwan's current market capitalization: 4.95T Hong Kong's market capitalization: 6.12T Japan: 6.5T China: 11.5T US: 60T It's clear that this explosive growth in recent years is related to TSMC. Every 10% increase in TSMC's market capitalization adds $180B to Taiwan's. Is there a chance it will surpass Hong Kong's stock market? Let's look at the differences between the top 5 stocks in Taiwan and Hong Kong: Taiwan: TSMC, MediaTek, Delta Electronics, Hon Hai Precision Industry, ASE Technology Holding Hong Kong: Tencent, Industrial and Commercial Bank of China, Alibaba, China Construction Bank, China Mobile 💡TSMC $2.1T = Approximately 42% of total market capitalization Tencent $711B = Approximately 11.6% of total market capitalization 💡The top 5 Hong Kong stocks are all Chinese companies, highly sensitive to policy changes. 💡Taiwan's competitive advantage comes from its AI supply chain, which boasts high vertical density. The second tier is also starting to emerge, with 16 trillion-dollar companies, a number surpassed only by the US globally. If the current monthly growth rate remains at 4%, and the overall market capitalization of Hong Kong stocks remains around 6T, the Taiwan stock market has a chance to rise to the top four by Q3 2026. At that time, the Taiwan market capitalization will reach 52K, currently around 43K.

Correction: HSBC is the fifth largest, it is British-funded, with a current market cap of 318B, after the Bank of China Construction.

The correct market capitalization for Hong Kong stocks should be around 7.2T. I checked and found that Hong Kong stocks also have A-shares and H-shares. Companies like ICBC, CCB, and China Mobile are listed in both Shanghai (A-shares) and Hong Kong (H-shares). The 6.12T figure might be due to free float market capitalization + only considering the H-share portion. 7.2T = total market capitalization + A+H combined + more recent figures.