HONG Kong companies dominate the leading Asian rankings in a global survey carried out by Business Week magazine.
The biggest company in the world by market capitalisation was Nippon Telegraph and Telephone of Japan with US$128.94 billion on May 31, the date of the survey.
Royal Dutch-Shell Group of the Netherlands and Britain was in second place with $91.93 billion and General Electric of the United States was third with $84.94 billion.
Discounting non-Asian companies and those of Japan, Hong Kong and Hong Kong-linked companies took six out of the top 10 rankings.
The biggest company in Asia, by market capitalisation, was Singapore Telecom with $34.8 billion.
The utility is a new entrant that was listed on the Singapore Stock Exchange only last year in a public offering that left most of the company in government hands.