[By NBC-1TV H. J Yook]The top executives of companies based in China or Hong Kong dominate the ranks of top Asian managers besides those of companies headquartered in Japan, according to analysts surveyed by Institutional Investor.

The full ranking and its methodology can be found at www.institutionalinvestor.com.

More than half of the 20 companies whose CEOs, CFOs, and Investor Relations Professionals and teams won the most first-place votes from the 935 buy-side and 491 sell-side analysts who participated in II's 2012 annual All-Asia Executive Team work for companies based in mainland China or Hong Kong.

Chinese Internet company Baidu garnered the most honors, with seven first-place wins, followed by China Merchants Bank Co., China Telecom Corp., Levono Group of Hong Kong, and Taiwan Semiconductor Manufacturing Co., each of which won six first-place positions.

Next in the executive rankings were Indian infrastructure company Larsen & Toubro, Chinese insurer Ping An, and Indian information technology services and software provider Tata Consultancy Services, which each had five first-place wins.

Rounding out the 20 Most Honored companies, consumer company China Resources Enterprise and metals and mining company China Shenshua Energy Co. each won four first-place positions, while Hong Kong insurer AIA, Indian auto and auto parts company Bajaj Auto, Hong Kong industrial company China Resources Cement Holdings, Chinese power company ENN Energy Holdings, Hong Kong conglomerate Hutchison Whampoa, Indian IT services and software supplier Infosys, and Indian health care and pharmaceutical maker Sun Pharmaceutical Industries each won three first-place positions.