As of March 12, 2024, Tencent Holdings Limited is the most valuable company in Hong Kong, with a market cap of $321 billion. Following it are INDUSTRIAL AND COMMERCIAL BANK OF CHINA ($247 billion) and PETRO CHINA COMPANY LIMITED ($224 billion). Hong Kong’s top five most valuable companies include some of the world’s most renowned brands: AGRICULTURAL BANK OF CHINA LIMITED (No. 4, $203 billion) and CHINA MOBILE LIMITED (No. 5, $191 billion).
Overall, among Hong Kong’s top 10 largest companies by market capitalization, the sixth, seventh, eighth, ninth, and tenth positions are held by BANK OF CHINA LIMITED, CHINA CONSTRUCTION BANK CORPORATION, CNOOC LIMITED, CHINA SHENHUA ENERGY COMPANY LIMITED, and CHINA PETROLEUM & CHEMICAL CORPORATION.
Which one is the most valuable in Hong Kong by market cap? This list comprises the biggest companies currently in Hong Kong by market cap in 2024:
Hong Kong’s Largest Companies by market capitalization, 2024
| RANK | COMPANY | MARKET CAPITAL (USD DOLLAR) | CEO |
|---|---|---|---|
| 1 | TENCENT HOLDINGS LIMITED | $321 billion | Ma Huateng |
| 2 | INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED | $247 billion | Gu Shu |
| 3 | PETROCHINA COMPANY LIMITED | $224 billion | Wang Dongjin |
| 4 | AGRICULTURAL BANK OF CHINA LIMITED | $203 billion | Shu Gu |
| 5 | CHINA MOBILE LIMITED | $191 billion | Dong Xin |
| 6 | BANK OF CHINA LIMITED | $167 billion | Romeo D. Uyan, Jr. |
| 7 | CHINA CONSTRUCTION BANK CORPORATION | $159 billion | Zhang Jinliang |
| 8 | CNOOC LIMITED | $115 billion | Yang Hua |
| 9 | CHINA SHENHUA ENERGY COMPANY LIMITED | $105 billion | Ming Guang Li |
| 10 | CHINA PETROLEUM & CHEMICAL CORPORATION | $99.15 billion | Zhi Ren Lv |
| 11 | CHINA LIFE INSURANCE COMPANY LIMITED | $93.3 billion | Yu Baocai |
| 12 | AIA GROUP LIMITED | $88.41 billion | Lee Yuan Siong |
| 13 | BYD COMPANY LIMITED | $73.71 billion | Wang Chuanfu |
| 14 | CHINA TELECOM CORPORATION LIMITED | $71.48 billion | Ke Ruiwen |
| 15 | MEITUAN INC. | $67.04 billion | Wang Xing |
| 16 | POSTAL SAVINGS BANK OF CHINA CO., LTD. | $64.27 billion | Liu Jianjun |
| 17 | NONGFU SPRING CO., LTD. | $59.68 billion | Shan Shan Zhong |
| 18 | BANK OF COMMUNICATIONS CO., LTD. | $58.05 billion | Liu Jun |
| 19 | ZIJIN MINING GROUP COMPANY LIMITED | $53.35 billion | Laichang Zou |
| 20 | XIAOMI CORPORATION | $41.71 billion | Lei Jun |
| 21 | CHINA CITIC BANK CO., LTD. | $38.35 billion | Bi Mingqiang |
| 22 | HONG KONG EXCHANGES AND CLEARING LIMITED | $37.87 billion | Nicolas Aguzin |
| 23 | PICC PROPERTY AND CASUALTY COMPANY LIMITED | $31.34 billion | Ze Yu |
| 24 | CITIC LIMITED | $29.68 billion | Xi Guohua |
| 25 | SUN HUNG KAI PROPERTIES LIMITED | $28.96 billion | Raymond Kwok |
| 26 | HANG SENG BANK LIMITED | $21.12 billion | Diana Cesar |
| 27 | PRADA S.P.A. | $20.91 billion | Andrea Guerra |
| 28 | CLP HOLDINGS LIMITED | $20.58 billion | Richard Kendall Lancaster |
| 29 | CHINA COAL ENERGY COMPANY LIMITED | $20.48 billion | Wang Shudong |
| 30 | BUDWEISER BREWING COMPANY APAC LIMITED | $20.21 billion | Jan Craps |
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