Largest Chinese companies by market capitalization (2024)

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Largest Chinese companies by market capitalization? ›

Tencent Holdings, ranking 1st on the list, was the Chinese company with the largest market value.

Tencent Holdings, ranking 1st on the list, was the Chinese company with the largest market value.

China's most valuable company, Tencent, is a technology conglomerate with operations in social media, gaming, music, and e-commerce. The firm's share price peaked in early 2021, but has been in downward trend ever since (there was a brief rally during the tail end of 2022).

As of March 8, 2024, TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED is the most valuable company in Asia, with a market cap of $605 billion. Following it are Samsung Electronics Company Limited ($366 billion) and TOYOTA MOTOR CORPORATION ($340 billion).

These are large multinational companies like Smithfield Foods, Syngenta, or the Walton International Group, which are all either owned by another Chinese company or Chinese investors.

The top-selling brands in China include Alibaba, Tencent, Huawei, ICBC (Industrial and Commercial Bank of China), and Moutai (Kweichow Moutai Co.).

Zhong Shanshan, China's richest man, is facing a wave of attacks from nationalists who accuse him of a lack of patriotism in a campaign that has hit the price of shares of his beverage company and threatens to hurt its sales.

Who is the Asia No 1 company? ›

Most valuable Asian brands 2023

Across Asia, multinational conglomerate Tencent was ranked as the most valuable brand with a brand value of approximately 141 billion U.S. dollars.

The most admired Asia-Pacific-based companies are (from top to bottom) Tata Group, MTR Corporation, City Developments Limited, Swire Group, Siam Cement Group, Energy Development Corporation, Indian Railways, Aboitiz, CLP Power, Macquarie Group, Sansiri Public Co., Ltd., Tech Mahindra Foundation/Mahindra Group and Wipro ...

The Japan-based Hitachi Ltd is the leading IT services company in the Asia-Pacific (by revenue). The company reported revenues of $82,339 million for the fiscal year ended June 2021 (FY2021), due to the increase in the energy segment.

Microsoft is the largest company in the world, with a market cap of $3.13 trillion. It's followed by Apple ($2.65 trillion), Nvidia ($2.26 trillion), Saudi Arabian Oil ($1.98 trillion), and Amazon ($1.89 trillion).

1. Microsoft (MSFT) Microsoft (MSFT) is a global developer and licenser of software, devices, solutions, and services. The company is well known for its Windows and Office Suite software as well as its Xbox gaming hardware.

Nvidia (NVDA)

Semiconductor company Nvidia became the latest company to cross the trillion dollar mark in June 2023, as investors bid up its shares in anticipation of a boom in artificial intelligence.

This statistic shows the largest Chinese trading companies as compiled by the Forbes Global 2000 ranking of 2021, by market value. The Chinese trading company Xiamen C&D and Wuchan Zhongda Group both ranked first with a market value of approximately 3.8 billion U.S. dollars in 2020.

JD.com Inc is the leading retail chain in China (by retail sales). The company reported revenues of $155,496 million for the fiscal year ended December 2022 (FY2022), an increase of 5.39% over FY2022.