Asia ex-Japan financial markets, encompassing diverse economies from China and India to South Korea, Taiwan, and ASEAN nations, form a dynamic and high-growth segment of global finance, with the MSCI AC Asia ex-Japan Index capturing about 85% of large- and mid-cap representation across emerging and developed markets (excluding Japan). As of late 2025, the region has rebounded strongly, with the MSCI Asia ex-Japan Index surging over 15% year-to-date after an early-April correction, driven by a robust 11.1% gain in Q3 fueled by Chinese tech rallies (Hang Seng Tech up 46% YTD on AI and policy support) and Taiwan’s 14.7% tech-led advance. China (30% benchmark weight) trades at historical lows of 10x earnings amid policy uncertainties, property woes, and looming U.S. tariffs under Trump, while India (20% weight) powers ahead on domestic growth; South Korea and Taiwan benefit from semiconductor strength despite currency headwinds. Sustainable fund assets hit $80 billion in Q3, up 2% quarterly, led by China’s 42% share and rising fixed-income inflows, with total market cap exceeding $20 trillion amid stable domestic conditions, resilient earnings (up year-on-year), and adaptive supply chains navigating trade tensions.