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CEOWORLD magazine - Latest - CEO Explainers - China’s Largest Companies by market capitalization, 2024

CEO Explainers

China’s Largest Companies by market capitalization, 2024

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As of February 18, 2025, KWEICHOW MOUTAI is the most valuable company in China, with a market cap of $255 billion. Following it are CATL (CONTEMPORARY AMPEREX TECHNOLOGY) ($163 billion) and CHINA MERCHANTS BANK CO., LTD.($146 billion).

Which one is the most valuable in China by market cap?
This list comprises the biggest companies currently in China by market cap in 2024:

China’s Largest Companies by market capitalization, 2024

RANKCOMPANYMARKET CAPITAL (USD DOLLAR)
1KWEICHOW MOUTAI CO., LTD.$255 billion
2CATL (CONTEMPORARY AMPEREX TECHNOLOGY)$163 billion
3CHINA MERCHANTS BANK CO., LTD.$146 billion
4PING AN INSURANCE (GROUP) COMPANY OF CHINA, LTD.$120 billion
5CHINA YANGTZE POWER CO., LTD.$95.17 billion
6MIDEA GROUP CO., LTD.$75.25 billion
7WULIANGYE YIBIN CO.,LTD.$70.23 billion
8INDUSTRIAL BANK CO., LTD.$60.61 billion
9FOXCONN INDUSTRIAL INTERNET CO., LTD.$60.51 billion
10CITIC SECURITIES COMPANY LIMITED$55.08 billion
11EAST MONEY INFORMATION CO.,LTD.$52.71 billion
12SHENZHEN MINDRAY BIO-MEDICAL ELECTRONICS CO., LTD.$43.65 billion
13HYGON INFORMATION TECHNOLOGY CO., LTD.$43.54 billion
14LUXSHARE PRECISION INDUSTRY CO., LTD.$43.44 billion
15SHANGHAI PUDONG DEVELOPMENT BANK CO., LTD.$42.13 billion
16HANGZHOU HIKVISION DIGITAL TECHNOLOGY CO., LTD.$40.15 billion
17JIANGSU HENGRUI MEDICINE CO., LTD.$39.89 billion
18CHINA PACIFIC INSURANCE (GROUP) CO., LTD.$39.74 billion
19BEIJING-SHANGHAI HIGH-SPEED RAILWAY CO., LTD.$38.39 billion
20CAMBRICON TECHNOLOGIES CORPORATION LIMITED$36.01 billion
21GREE ELECTRIC APPLIANCES, INC. OF ZHUHAI$33.31 billion
22HAIER SMART HOME CO., LTD.$32.75 billion
23SHANXI XINGHUACUN FEN WINE FACTORY CO.,LTD.$31.98 billion
24CHINA STATE CONSTRUCTION ENGINEERING CORPORATION LIMITED$31.56 billion
25FOSHAN HAITIAN FLAVOURING AND FOOD COMPANY LTD.$31.53 billion
26PING AN BANK CO., LTD.$30.9 billion
27NAURA TECHNOLOGY GROUP CO., LTD.$30.72 billion
28WANHUA CHEMICAL GROUP CO., LTD.$30.5 billion
29CHINA EVERBRIGHT BANK COMPANY LIMITED$29.12 billion
30SAIC MOTOR CORPORATION LIMITED$28.87 billion

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CEOWORLD magazine - Latest - CEO Explainers - China’s Largest Companies by market capitalization, 2024
Lila Jones
Senior News Editor at CEOWORLD Magazine. I'm a veteran correspondent for the CEOWORLD Magazine. During my career, I've been based in New York, Washington, DC, Brussels and London. Over the years I've written about everything from the debt crisis to Brexit and the rise of populism in Europe. I did a stint in London as the CEOWORLD Magazine's Europe News Editor and Deputy World News Editor. In my current post I try to capture life in a changing banking to finance landscape.