Taiwan, India Threaten China’s Top Spot in EM Equity Portfolios

Both markets close to topping China in MSCI EM Index weighting
Equity benchmarks have hit new records in Taiwan, India

Taiwan’s ascent is all the more notable considering its market capitalization — at $2.6 trillion — stands at less than a third of mainland China’s. — Taiwan’s ascent is all the more notable considering its market capitalization — at $2.6 trillion — stands at less than a third of mainland China’s.
Photographer: I-Hwa Cheng/Bloomberg

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Site feedback:

Take our Survey

By Abhishek Vishnoi and John Cheng

July 13, 2024 at 12:00 AM UTC

This article is for subscribers only.

The race to replace China’s top spot in emerging market equity portfolios is heating up, with Taiwan and India running neck to neck as formidable rivals.

Thanks to record stock rallies, Taiwan and India now command more than 19% weightings each in the MSCI EM Index. That compares to China’s 22.8%, whose standing has steadily shrunk over the past few years, Bloomberg-compiled data show.