As of September 13, 2024, KWEICHOW MOUTAI is the most valuable company in China, with a market cap of $236 billion. Following it are CATL (CONTEMPORARY AMPEREX TECHNOLOGY) ($117 billion) and CHINA MERCHANTS BANK CO., LTD. ($105 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
| RANK | COMPANY | MARKET CAPITAL (USD DOLLAR) |
|---|---|---|
| 1 | KWEICHOW MOUTAI CO., LTD. | $236 billion |
| 2 | CATL (CONTEMPORARY AMPEREX TECHNOLOGY) | $117 billion |
| 3 | CHINA MERCHANTS BANK CO., LTD. | $105 billion |
| 4 | PING AN INSURANCE (GROUP) COMPANY OF CHINA, LTD. | $97.07 billion |
| 5 | CHINA YANGTZE POWER CO., LTD. | $95.77 billion |
| 6 | MIDEA GROUP CO., LTD. | $65.34 billion |
| 7 | WULIANGYE YIBIN CO.,LTD. | $61.82 billion |
| 8 | FOXCONN INDUSTRIAL INTERNET CO., LTD. | $52.59 billion |
| 9 | INDUSTRIAL BANK CO., LTD. | $46.79 billion |
| 10 | JIANGSU HENGRUI MEDICINE CO., LTD. | $40.17 billion |
| 11 | SHENZHEN MINDRAY BIO-MEDICAL ELECTRONICS CO., LTD. | $39.44 billion |
| 12 | LUXSHARE PRECISION INDUSTRY CO., LTD. | $36.93 billion |
| 13 | BEIJING-SHANGHAI HIGH-SPEED RAILWAY CO., LTD. | $36.36 billion |
| 14 | CITIC SECURITIES COMPANY LIMITED | $36.29 billion |
| 15 | CHINA PACIFIC INSURANCE (GROUP) CO., LTD. | $35.2 billion |
| 16 | SHANGHAI PUDONG DEVELOPMENT BANK CO., LTD. | $34.93 billion |
| 17 | HANGZHOU HIKVISION DIGITAL TECHNOLOGY CO., LTD. | $32.78 billion |
| 18 | WANHUA CHEMICAL GROUP CO., LTD. | $31.2 billion |
| 19 | HAIER SMART HOME CO., LTD. | $30.36 billion |
| 20 | SHAANXI COAL INDUSTRY COMPANY LIMITED | $30.2 billion |
| 21 | GREE ELECTRIC APPLIANCES, INC. OF ZHUHAI | $29.99 billion |
| 22 | NARI TECHNOLOGY CO., LTD. | $28.82 billion |
| 23 | MUYUAN FOODS CO., LTD. | $28.56 billion |
| 24 | CHINA STATE CONSTRUCTION ENGINEERING CORPORATION LIMITED | $28 billion |
| 25 | FOSHAN HAITIAN FLAVOURING AND FOOD COMPANY LTD. | $28 billion |
| 26 | PING AN BANK CO., LTD. | $26.56 billion |
| 27 | HUANENG LANCANG RIVER HYDROPOWER INC. | $26.53 billion |
| 28 | SHANXI XINGHUACUN FEN WINE FACTORY CO.,LTD. | $26.42 billion |
| 29 | CHINA NATIONAL NUCLEAR POWER CO., LTD. | $26 billion |
| 30 | CRRC CORPORATION LIMITED | $25.75 billion |
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