What is the entry point of swift code execution?

You may want to read Files and Initialization

The exception is a special file named “main.swift”, which behaves much like a playground file, but is built with your app’s source code. The “main.swift” file can contain top-level code, and the order-dependent rules apply as well. In effect, the first line of code to run in “main.swift” is implicitly defined as the main entrypoint for the program. This allows the minimal Swift program to be a single line — as long as that line is in “main.swift”.

In Xcode, Mac templates default to including a “main.swift” file, but for iOS apps the default for new iOS project templates is to add @UIApplicationMain to a regular Swift file. This causes the compiler to synthesize a main entry point for your iOS app, and eliminates the need for a “main.swift” file.

Alternatively, you can link in an implementation of main written in Objective-C, common when incrementally migrating projects from Objective-C to Swift.

In the AppDelegate.swift file you can see @UIApplicationMain.
The AppDelegate is the initial entry file.

Basically: main.m and AppDelegate.m are kinda merged in Swift to just AppDelegate.swift

The entry point in a plain Swift module is the file in the module called main.swift. main.swift is the only file which is allowed to have expressions and statements at the top level (all other Swift files in the module can only contain declarations).

Cocoa Touch uses the @UIApplicationMain attribute on an implementation of UIApplicationDelegate instead of a main.swift file to mark the entry point. Cocoa used to use a minimal main.swift file which simply called NSApplicationMain, but as of Xcode 6.1 uses the @NSApplicationMain attribute on an implementation of NSApplicationDelegate.