As of February 2024, among the newly listed in the 500 most valuable Chinese companies, China International Travel Service had the highest market cap of around 28.5 billion yuan. Genshin Impact, an action role-playing video game, came in the second place with a market value of 21.5 billion yuan.
Market value of leading newcomers ranked as the 500 most valuable Chinese companies in 2023
(in billion yuan)
One yuan equals approximately 0.15 U.S. dollars and 0.14 euros (as of January 2023).
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. (February 29, 2024). Market value of leading newcomers ranked as the 500 most valuable Chinese companies in 2023 (in billion yuan) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1289878/china-newcomers-in-most-valuable-chinese-private-companies/
Hurun Research Institute. "Market value of leading newcomers ranked as the 500 most valuable Chinese companies in 2023 (in billion yuan)." Chart. February 29, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1289878/china-newcomers-in-most-valuable-chinese-private-companies/
Hurun Research Institute. (2024). Market value of leading newcomers ranked as the 500 most valuable Chinese companies in 2023 (in billion yuan). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1289878/china-newcomers-in-most-valuable-chinese-private-companies/
Hurun Research Institute. "Market Value of Leading Newcomers Ranked as The 500 Most Valuable Chinese Companies in 2023 (in Billion Yuan)." Statista, Statista Inc., 29 Feb 2024, https://www.statista.com/statistics/1289878/china-newcomers-in-most-valuable-chinese-private-companies/
Hurun Research Institute, Market value of leading newcomers ranked as the 500 most valuable Chinese companies in 2023 (in billion yuan) Statista, https://www.statista.com/statistics/1289878/china-newcomers-in-most-valuable-chinese-private-companies/ (last visited December 22, 2024)
Market value of leading newcomers ranked as the 500 most valuable Chinese companies in 2023 (in billion yuan) [Graph], Hurun Research Institute, February 29, 2024. [Online]. Available: https://www.statista.com/statistics/1289878/china-newcomers-in-most-valuable-chinese-private-companies/
