As of March 8, 2024, KWEICHOW MOUTAI is the most valuable company in China, with a market cap of $293 billion. Following it are CHINA MERCHANTS BANK ($109 billion) and CONTEMPORARY AMPEREX TECHNOLOGY ($100 billion). China’s top five most valuable companies include some of the world’s most renowned brands: PING AN INSURANCE (GROUP) COMPANY OF CHINA (No. 4, $95.88 billion) and CHINA YANGTZE POWER CO (No. 5, $87.91 billion).
Overall, among China’s top 10 largest companies by market capitalization, the sixth, seventh, eighth, ninth, and tenth positions are held by WULIANGYE YIBIN CO, MIDEA GROUP CO., LTD, FOXCONN INDUSTRIAL INTERNET CO., LTD., SHENZHEN MINDRAY BIO-MEDICAL ELECTRONICS CO, and INDUSTRIAL BANK CO.
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
| RANK | COMPANY | MARKET CAPITAL (USD DOLLAR) | CEO | |
|---|---|---|---|---|
| 1 | KWEICHOW MOUTAI CO., LTD. | $293 billion | Jingren Li | |
| 2 | CHINA MERCHANTS BANK CO., LTD. | $109 billion | Liang Wang | |
| 3 | CONTEMPORARY AMPEREX TECHNOLOGY CO., LIMITED | $100 billion | Zeng Yuqun | |
| 4 | PING AN INSURANCE (GROUP) COMPANY OF CHINA, LTD. | $95.88 billion | Yonglin Xie | |
| 5 | CHINA YANGTZE POWER CO., LTD. | $87.91 billion | Xingliao Zhang | |
| 6 | WULIANGYE YIBIN CO.,LTD. | $74.99 billion | Wenge Jiang | |
| 7 | MIDEA GROUP CO., LTD. | $61.08 billion | Paul Fang | |
| 8 | FOXCONN INDUSTRIAL INTERNET CO., LTD. | $60.74 billion | Brand Cheng | |
| 9 | SHENZHEN MINDRAY BIO-MEDICAL ELECTRONICS CO., LTD. | $50.09 billion | Xi Ting Li | |
| 10 | INDUSTRIAL BANK CO., LTD. | $47.62 billion | Xin Jian Chen | |
| 11 | HANGZHOU HIKVISION DIGITAL TECHNOLOGY CO., LTD. | $44.78 billion | Chen Zongnian | |
| 12 | CITIC SECURITIES COMPANY LIMITED | $40.57 billion | Xi Guohua | |
| 13 | SHANXI XINGHUACUN FEN WINE FACTORY CO.,LTD. | $40.34 billion | Qing Mao Yuan | |
| 14 | JIANGSU HENGRUI MEDICINE CO., LTD. | $38.83 billion | Hong Bin Dai | |
| 15 | SHAANXI COAL INDUSTRY COMPANY LIMITED | $36.48 billion | Shi Bin Wang | |
| 16 | LUZHOU LAOJIAO CO.,LTD | $34.51 billion | Feng Lin | |
| 17 | BEIJING-SHANGHAI HIGH-SPEED RAILWAY CO., LTD. | $34.39 billion | Hong Run Liu | |
| 18 | WANHUA CHEMICAL GROUP CO., LTD. | $33.13 billion | Guang Wu Kou | |
| 19 | FOSHAN HAITIAN FLAVOURING AND FOOD COMPANY LTD. | $30.9 billion | Kang Pang | |
| 20 | CHINA STATE CONSTRUCTION ENGINEERING CORPORATION LIMITED | $30.59 billion | Yu Tao | |
| 21 | EAST MONEY INFORMATION CO.,LTD. | $30.36 billion | Shi Qi | |
| 22 | HAIER SMART HOME CO., LTD. | $30.01 billion | Hua Gang Li | |
| 23 | MUYUAN FOODS CO., LTD. | $29.52 billion | Ying Lin Qin | |
| 24 | GREE ELECTRIC APPLIANCES, INC. OF ZHUHAI | $29.28 billion | Dong Mingzhu | |
| 25 | SHANGHAI PUDONG DEVELOPMENT BANK CO., LTD. | $29.04 billion | Yang Zheng | |
| 26 | CHINA NATIONAL NUCLEAR POWER CO., LTD. | $23.53 billion | Jianfeng Yu | |
| 27 | CHINA CSSC HOLDINGS LIMITED | $23.15 billion | Ji Gang Sheng | |
| 28 | CHINA MINSHENG BANKING CORP., LTD. | $23 billion | Ying Xin Gao | |
| 29 | LONGI GREEN ENERGY TECHNOLOGY CO., LTD. | $22.56 billion | Baoshen Zhong | |
| 30 | NAURA TECHNOLOGY GROUP CO., LTD. | $21.44 billion | Tao Haihong |
Have you read?
Ranked: Countries with Highest (and Lowest) Rates of Infant Mortality, 2024.
Ranked: Countries That Waste the Most Food In The World, 2024.
Ranked: Countries with highest malaria death rates in the world, 2024.
Ranked: These are the countries with the highest (and lowest) death rate from malnutrition, 2024.
Revealed: 100 Best-Selling Mobile Phones of All Time.
Add CEOWORLD magazine to your Google News feed.
Follow CEOWORLD magazine headlines on: Google News, LinkedIn, Twitter, and Facebook.
This report/news/ranking/statistics has been prepared only for general guidance on matters of interest and does not constitute professional advice. You should not act upon the information contained in this publication without obtaining specific professional advice. No representation or warranty (express or implied) is given as to the accuracy or completeness of the information contained in this publication, and, to the extent permitted by law, CEOWORLD magazine does not accept or assume any liability, responsibility or duty of care for any consequences of you or anyone else acting, or refraining to act, in reliance on the information contained in this publication or for any decision based on it.
Copyright 2024 The CEOWORLD magazine. All rights reserved. This material (and any extract from it) must not be copied, redistributed or placed on any website, without CEOWORLD magazine' prior written consent. For media queries, please contact: info@ceoworld.biz
SUBSCRIBE NEWSLETTER
