Taiwan Semiconductor Manufacturing Co has surpassed Tencent as Asia-Pacific’s most valuable stock for now. Photo: Reuters Taiwan Semiconductor Manufacturing Co has surpassed Tencent as Asia-Pacific’s most valuable stock for now. Photo: Reuters
Taiwan Semiconductor Manufacturing Co has surpassed Tencent as Asia-Pacific’s most valuable stock for now. Photo: Reuters
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Taiwan’s TSMC overtakes Tencent as Asia’s most valuable stock as China crackdown crushes its own tech champions

  • Taiwanese chip maker has a market value of US$540 billion while Tuesday’s steep losses eroded the value of Tencent and its Chinese tech peers
  • All eyes on Tencent’s interim earnings on Wednesday as investors look for clues on how it will overcome the regulatory squeeze

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Taiwan Semiconductor Manufacturing Co has surpassed Tencent as Asia-Pacific’s most valuable stock for now. Photo: Reuters Taiwan Semiconductor Manufacturing Co has surpassed Tencent as Asia-Pacific’s most valuable stock for now. Photo: Reuters
Taiwan Semiconductor Manufacturing Co has surpassed Tencent as Asia-Pacific’s most valuable stock for now. Photo: Reuters
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