In 2023, the finance industry occupied the most spots in the top 500 most valuable companies in China. The likes of Ping An Insurance and Alipay contributed 11 percent of the total market cap of the pack. With 29 companies being listed in the ranking, alcoholic beverage industry represented by Kweichow Moutai and Wuliangye made up over a quarter of the total market value.
Industry distribution of the 500 most valuable Chinese companies in China in 2023, by number of companies and market value share
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Number of most valuable companies
Market value share (%)
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Hurun Research Institute. (February 29, 2024). Industry distribution of the 500 most valuable Chinese companies in China in 2023, by number of companies and market value share [Graph]. In Statista. Retrieved July 28, 2024, from https://www.statista.com/statistics/1455531/china-thriving-industries-with-the-most-valuable-companies/
Hurun Research Institute. "Industry distribution of the 500 most valuable Chinese companies in China in 2023, by number of companies and market value share." Chart. February 29, 2024. Statista. Accessed July 28, 2024. https://www.statista.com/statistics/1455531/china-thriving-industries-with-the-most-valuable-companies/
Hurun Research Institute. (2024). Industry distribution of the 500 most valuable Chinese companies in China in 2023, by number of companies and market value share. Statista. Statista Inc.. Accessed: July 28, 2024. https://www.statista.com/statistics/1455531/china-thriving-industries-with-the-most-valuable-companies/
Hurun Research Institute. "Industry Distribution of The 500 Most Valuable Chinese Companies in China in 2023, by Number of Companies and Market Value Share." Statista, Statista Inc., 29 Feb 2024, https://www.statista.com/statistics/1455531/china-thriving-industries-with-the-most-valuable-companies/
Hurun Research Institute, Industry distribution of the 500 most valuable Chinese companies in China in 2023, by number of companies and market value share Statista, https://www.statista.com/statistics/1455531/china-thriving-industries-with-the-most-valuable-companies/ (last visited July 28, 2024)
Industry distribution of the 500 most valuable Chinese companies in China in 2023, by number of companies and market value share [Graph], Hurun Research Institute, February 29, 2024. [Online]. Available: https://www.statista.com/statistics/1455531/china-thriving-industries-with-the-most-valuable-companies/