Monday, February 17, 2020

Stats Gate

Best-Performing Cities In China (Based On The Market Value Of Listed Companies)

Beijing China

The market value of listed companies in all Chinese cities totaled more than $12.25 trillion at the end of 2019, an increase of 40% year-on-year. Among them, Beijing’s 597 listed companies had a combined market value of $3.43 trillion, ranking first in the country.

The city of Renhuai in southwest China’s Guizhou Province, came in sixth, with only one listed company of Kweichow Moutai Co., Ltd. The world’s most valuable liquor distiller saw its market value rise by 103% in 2019 to hit nearly US$214 billion. Founded in 1999, Kweichow Moutai is based in Maotai, a small town in Renhuai City in mountainous Guizhou.

Shenzhen ranked second nationwide, with 396 listed companies worth $1.74 trillion at the end of last year. Shanghai, came in third, with its 460 listed companies having a total market value of 7$1.14 trillion. Thanks to the surge in the market value of Alibaba, last year, the total market value of listed companies in Hangzhou city of eastern China exceeded $880 billion, a record high.

The total market value of listed companies in China increased by 40% from $8.65 trillion at the end of 2018 to $12.25 trillion at the end of 2019. Here are the top 10 cities in china based on the total market value of its listed companies:

  1. Beijing
    Number of listed companies: 597
    Total market value: US$3.43 trillion
    The total market value of 597 listed companies in Beijing exceeded $3.43 trillion, ranking first in the country.

  2. Shenzhen
    Number of listed companies: 396
    Total market value: US$1.74 trillion
    The total market value of 396 listed companies in Shenzhen exceeded 1.74 trillion, ranking second in China.

  3. Shanghai
    Number of listed companies: 460
    Total market value: US$1.14 trillion

  4. Hangzhou
    Number of listed companies: 172
    Total market value: US$880 billion

  5. Guangzhou
    Number of listed companies: 167
    Total market value: US$350 billion

  6. Renhuai
    Number of listed companies: 1
    Total market value: US$210 billion
  7. Foshan
    Number of listed companies: 52
    Total market value: US$180 billion
  8. Nanjing
    Number of listed companies: 111
    Total market value: US$178 billion

  9. Tianjin
    Number of listed companies: 66
    Total market value: US$139 billion

  10. Chengdu
    Number of listed companies: 93
    Total market value: US$114 billion

Have you read?

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Dr. Amarendra Bhushan Dhiraj
Dr. Amarendra Bhushan Dhiraj is the CEO and editorial director at CEOWORLD magazine, the leading global business magazine written strictly for CEOs, CFOs, top managers, company directors, investors, senior executives, business leaders, and high net worth individuals.
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