G)OECDOECDCapital MarketSeriesAsiaCapital Markets Report 2025
OECDCapital MarketSeriesAsia Capital Markets Report2025>OECd
Thisworkispublished undertheresponisibityoftheSecretary-GeneraloftheOECD.Theopinionsexpressed andThis document, as well as any data and map indluded herein, are without prejudice to the status of or sovereigntyover anyteritoy, to the delimiation ofinternatinal frontiersand boundaries and to the name of any teritoy cdty or areaTheintormationin this doaumentwith reference to"Cyprus"relates to the southempartofthe Island. Thereis nosingleauthorityrepresentingboth Turkish andGreekCypriotpeopleon thelsland. Turkive recoanisestheTurkishRenublicoNothem Cvorus (TRNC), Unti a asting and eauitable solu ion is found within the contex of the United Nations, TurkiyeNote by al theEuropeanUnion Member StatesoftheOECDand theEurooeanUnionThe Republic of Cworus is recorised by all mermbers of the United Nations with the exception of Turkiye. Theintomatininthis docurmentrelatestotheareaundertheffectivecontroloftheGovermentoftheRepublicofCyprusKosovo': This designation is without prejudice to positions on status, and is in line with Unit ed Nations SecurityCouncilResolution 1244/99 and the Advisorv Opinion of the InternationalCourt of Justice on Kosovo'sdeclarationofindependencePloasecitethis publication as:0ECD(2025,AsiaCaphalMarkeltsRepor2025,OECDCapialMarket Series O0ECDPubishin. Patishtps:/doiong/10.1787/02172cdcen.SBN978-92-64-81838-5(print)SBN978-92-64-33211-9(PDF)ISBN978-92-64-09852-0(HTML)OECDCapitalMarketSeriesISSN3006-5801(online)Photocredits:CoverCHiroshilVWatanabe/GeyimagesCorigenda to OECD pubilications may be found at:thttps/ww. oecdf.org/en/publications/support/carigenda.htmlQOECD2025r heCreafive CommonsAttibution.4.0 Internationallicence.Elyusingthis wark, youaccepto be bound by the terms of this licenc
ForewordThis first edition of the OECD Asia Capital Markets Report provides an overview of capital markebv analvses of public eauity (Chaoter 2). corporatedebt (Chapter 3) and sustainable bond (Chapter4)The reporEachchapterincludespolicyal markets can support high-growth andeitiveness. It highlights theand the impact of becoming atwodecadesof arowth,of listed companies andto growth companies.state-ownedprivate equity markets, and governance challenges and their impact on valuations. Ita the limited role of pension funds and the need to broaden retailacross Asia. It reviews trends inon's rising alobal share and continuedmarket maturitv. the concentration ofinvestors. It also assesses credit quality, uselow credit rating coverageareen. social and sustainabilityof green bonds and the widespread adoptionround use of proceeds. the role ofsandboxes and hubs - across Asia, with aIt outlines renional trends in Al activity. includingolicydiscussions on howcapialinto productive investment in the real economy. It daws ons ofcommercial and pubidy avlahe soures.Adetailed descriptid in the Annex. The repotis producedat supporting the development of capitalASI...
