Saturday, September 19, 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.

    Beijing, China

  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.

    Shenzhen, China

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

    Shanghai, China

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

    Hangzhou, China

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

    Guangzhou, China

  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

    Nanjing, China

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

    Tianjin, China

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

    Chengdu, China

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Dr. Amarendra Bhushan Dhiraj
CEO and editorial director of the CEOWORLD magazine, an extensively kudized author, noted journalist, syndicated columnist, and ostensible entrepreneur. Follow him on Twitter, Facebook or connect on LinkedIn.