In 2022, enterprises in the media and entertainment industry, such as Tencent Holding and ByteDance, contributed 10 percent of the total market cap of the top 500 most valuable non-state-owned companies in Greater China. Retail industry represented by Alibaba group and Meituan made up 9.9 percent of the total market value, followed by the healthcare industry.
Industry distribution of the 500 most valuable Chinese private companies in Greater China in 2022, by number of companies and market value share
based on the 500 most valuable companies selected by Hurun
Supplementary notes
In 2021, the ranking of Hurun top 500 Chinese companies included those from Hong Kong, Macau and Taiwan.
The market values of listed companies were based on the closing prices on November 15, 2022. For the valuation of private companies, market values of other companies from the same industry or the latest M&A data were included in the estimations.
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Hurun Research Institute. (January 13, 2023). Industry distribution of the 500 most valuable Chinese private companies in Greater China in 2022, by number of companies and market value share [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1289856/greater-china-thriving-industries-with-the-most-valuable-companies/
Hurun Research Institute. "Industry distribution of the 500 most valuable Chinese private companies in Greater China in 2022, by number of companies and market value share." Chart. January 13, 2023. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1289856/greater-china-thriving-industries-with-the-most-valuable-companies/
Hurun Research Institute. (2023). Industry distribution of the 500 most valuable Chinese private companies in Greater China in 2022, by number of companies and market value share. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1289856/greater-china-thriving-industries-with-the-most-valuable-companies/
Hurun Research Institute. "Industry Distribution of The 500 Most Valuable Chinese Private Companies in Greater China in 2022, by Number of Companies and Market Value Share." Statista, Statista Inc., 13 Jan 2023, https://www.statista.com/statistics/1289856/greater-china-thriving-industries-with-the-most-valuable-companies/
Hurun Research Institute, Industry distribution of the 500 most valuable Chinese private companies in Greater China in 2022, by number of companies and market value share Statista, https://www.statista.com/statistics/1289856/greater-china-thriving-industries-with-the-most-valuable-companies/ (last visited December 22, 2024)
Industry distribution of the 500 most valuable Chinese private companies in Greater China in 2022, by number of companies and market value share [Graph], Hurun Research Institute, January 13, 2023. [Online]. Available: https://www.statista.com/statistics/1289856/greater-china-thriving-industries-with-the-most-valuable-companies/