Statistical news focuses on the latest figures and trends in Danmarks Nationalbank’s statistics. Statistical news is targeted at people who want quick insight into current financial data.
Asian shares account for a growing share of Danish investors’ portfolios
The value of Danish investors’ portfolio of Asian shares has almost doubled since July 2023. At the end of July 2026, Asian shares accounted for 10 per cent of investors’ holdings of listed shares. The increase has mainly been driven by shares from Japan, South Korea and Taiwan. Investors have incurred large capital gains on companies that supply inputs for AI infrastructure, such as TSMC, SK Hynix and Samsung, although prices of such shares fell noticeably in July. With kr. 300 billion, the insurance and pension sector accounts for the majority of Asian shares, which make up 16 per cent of the sector’s investments in listed shares. By comparison, Asian shares account for 7 per cent of Danish households’ holdings of listed shares. These shares are mainly owned indirectly through Danish investment funds.
Danish investors own Asian shares worth kr. 466 billion
Note:
Danish investors' holdings of Asian listed shares. Holdings of Chinese shares include both shares issued in China and shares issued through companies domiciled in the Cayman Islands. Find data in the Statbank at the following link.
Many Chinese shares are issued through companies in the Cayman Islands
In addition to Japanese, Taiwanese and Korean shares, Chinese shares also account for a significant share of Danish investors’ portfolios, with a total value of kr. 72 billion. Of this, kr. 41 billion is invested in shares issued in the Cayman Islands. This reflects that many listed Chinese technology companies, including Tencent and Alibaba, are listed through holding companies in the Cayman Islands. Over the past three years, the increase in the value of Chinese shares has been more modest than that of Japanese, Taiwanese and Korean shares. In July 2026, the Chinese chipmaker CXMT was listed and became the largest Chinese IPO in eight years. Unlike other technology shares, the shares were issued in China rather than in the Cayman Islands.
Smaller increase in the value of Chinese shares
Note:
Danish investors’ holdings of listed Chinese shares issued in China and through holding companies in the Cayman Islands.