Taiwan stock market surpasses UK to rank 7th by total market cap

Denmark also lopsided (Novo Nordisk) NZ (Fonterra)

MSCI Taiwan overweights TSMC. On the Taiwan Stock Exchange (TWSE) it’s just shy of 40%. But agreed. This is like a Nokia situation and we know how that turned out for Finland

South Korea too, with just Samsung and SK Hynix (Around a trillion and a half usd in market cap) comprising 45% of the Kospi Index

As a founder and someone who started up a tech company in the UK, culturally it is a million miles away from how the US approaches business. To many old, conservative people in charge of business strategy, investment, innovative etc. I actually think AI is the opposite for the UK - we love some regulation and guidelines so could legitimately become a word leader (especially with the likes of DeepMind). Free, risky, creative businesses are so out of the regular UK leaders comfort zone.

ASML is the yin to TSMC's yang. ASML is a Dutch company, entirely because the US fumbled the ball on EUV lithography

Mm not really, market cap size has a major impact on the weighting of index composition, which in turn affects how asset managers allocate money (among other factors). Not saying this is happening now but in broad terms a larger market may eventually account for a larger part of a global benchmark like MSCI AC World, and an asset manager will have to put more money on it or risk underperforming.

I'm so bored of Taiwanese on Threads bragging about the market cap like it is distributed across the people of TW. 40%+ of the TW stock market is TSMC and 70% of TSMC is owned by foreign companies. Meanwhile TW's average monthly salary is ranked like 44th and it's GDP is ranked 22th

Actually it is for most economic purposes the best metric to follow.

That's just saying that investing in the UK has poor returns. That's not great.

Its Chinese revenge over British colonialism. The UK was ahead because of its fish and chips, but Chinese overfishing caused a fish shortage, resulting in poeple settling for chips. Taiwan makes the most and best chips, so they are ahead. That is why is China plan to takeover Taiwan, to Seize the fish and chip market from the UK.

Isn't their island smaller? Maybe the mercator map is playing tricks on me, but I've also traveled to both and Taiwan felt considerably smaller.

UK: 243,610 sq km with a population of 69.9 million Taiwan: 35,980 sq km with a population of 23.03 million

How is that possible anyway? They’re basically a city state, right? How do they have the resources to outperform bigger countries who would have more of the components naturally and more space for more factories?

Russian bots don't even try anymore

Absolute garbage. The Uk is the 10th largest manufacturer in the world when that’s not even its main focus. It manufactures exclusively high tech items that can’t easily be copied. And this is from an economy that is 80% services focused.

So .. gas prices, prices of commodities and goods don't affect the bottom 90%? You are absolutely absurd.

You do understand that Taiwan and Thailand are not the same place, right?

You are talking about the first country in East Asia that legalized gay marriage. And yes, Taiwan relies a lot on South East Asian immigrants to strengthen their economy. Why the f*** do you treat progress and diversity as some kind of dirty words?