Asian equity markets are an exciting place to be invested. The region has been playing catch-up with the West for decades, but now we are seeing some Asian companies overtake Western rivals in domestic markets and they have their sights set on becoming global market leaders in the years to come. The sheer size of the region means it is impossible to ignore: more than half of the world’s population call it home, which means resources, capital and consumer goods will flow into Asian markets as the years go by.
The Asian market is showing signs of life again, after seven years of flat earnings growth. The tiger economies are waking up and are on the prowl, led by a resurgent China. Asian stocks excluding Japan outperformed the world in 2017, and many analysts believe the region is likely to continue its growth story through 2018 and into 2019 – though of course, analyst forecasts are by no means a guarantee of good performance.
Here's how local Asian companies are challenging multinational brands and driving growth across the region.