Insights from the OECD Asia Capital Markets Report 2026
On 8 July 2026, IIA Singapore hosted an exclusive briefing on the OECD Asia Capital Markets Report 2026 at its office. The briefing was presented by Alejandra Medina, Head of the Financial Economics Unit, and Tugba Mulazimoglu, Economist, from the OECD.
Centred on three key themes, equity market performance and the valuation challenge in Asia, the factors contributing to valuation discounts, and value-up initiatives, the session provided participants with an understanding of the forces shaping the region's capital markets.
Drawing on the report's findings, the speakers highlighted that despite Asia's strong economic growth and the presence of many globally competitive companies, market valuations have not always kept pace. Participants gained insights into the structural factors that can contribute to this valuation gap, including ownership structures, capital allocation practices, investor participation and broader market characteristics, and how these influence investor confidence and long-term corporate value.
The briefing also examined the emergence of value-up initiatives across several Asian markets. Designed to encourage stronger corporate value creation, these initiatives place greater emphasis on capital efficiency, corporate governance, transparency and shareholder engagement, while supporting more competitive and resilient capital markets.
The session concluded with an engaging discussion, giving participants the opportunity to exchange perspectives with the OECD speakers on the evolving capital market landscape and the implications of these developments for businesses, investors and policymakers across Asia.


