As of December 31, 2024, KWEICHOW MOUTAI is the most valuable company in China, with a market cap of $262 billion. Following it are CATL (CONTEMPORARY AMPEREX TECHNOLOGY) ($160 billion) and CHINA MERCHANTS BANK CO., LTD.($135 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. | $262 billion |
| 2 | CATL (CONTEMPORARY AMPEREX TECHNOLOGY) | $160 billion |
| 3 | CHINA MERCHANTS BANK CO., LTD. | $135 billion |
| 4 | PING AN INSURANCE (GROUP) COMPANY OF CHINA, LTD. | $123 billion |
| 5 | CHINA YANGTZE POWER CO., LTD. | $98.59 billion |
| 6 | MIDEA GROUP CO., LTD. | $78.17 billion |
| 7 | WULIANGYE YIBIN CO.,LTD. | $75.09 billion |
| 8 | FOXCONN INDUSTRIAL INTERNET CO., LTD. | $61.11 billion |
| 9 | EAST MONEY INFORMATION CO.,LTD. | $58.74 billion |
| 10 | CITIC SECURITIES COMPANY LIMITED | $58.32 billion |
| 11 | INDUSTRIAL BANK CO., LTD. | $55.64 billion |
| 12 | HYGON INFORMATION TECHNOLOGY CO., LTD. | $49.03 billion |
| 13 | SHENZHEN MINDRAY BIO-MEDICAL ELECTRONICS CO., LTD. | $42.88 billion |
| 14 | BEIJING-SHANGHAI HIGH-SPEED RAILWAY CO., LTD. | $42.25 billion |
| 15 | SHANGHAI PUDONG DEVELOPMENT BANK CO., LTD. | $42.1 billion |
| 16 | CHINA PACIFIC INSURANCE (GROUP) CO., LTD. | $41.56 billion |
| 17 | LUXSHARE PRECISION INDUSTRY CO., LTD. | $41.21 billion |
| 18 | JIANGSU HENGRUI MEDICINE CO., LTD. | $40.19 billion |
| 19 | HANGZHOU HIKVISION DIGITAL TECHNOLOGY CO., LTD. | $39.24 billion |
| 20 | CAMBRICON TECHNOLOGIES CORPORATION LIMITED | $39.07 billion |
| 21 | FOSHAN HAITIAN FLAVOURING AND FOOD COMPANY LTD. | $35.22 billion |
| 22 | CHINA STATE CONSTRUCTION ENGINEERING CORPORATION LIMITED | $34.66 billion |
| 23 | GREE ELECTRIC APPLIANCES, INC. OF ZHUHAI | $34.29 billion |
| 24 | HAIER SMART HOME CO., LTD. | $34.03 billion |
| 25 | SAIC MOTOR CORPORATION LIMITED | $32.93 billion |
| 26 | PING AN BANK CO., LTD. | $31.77 billion |
| 27 | WANHUA CHEMICAL GROUP CO., LTD. | $31.34 billion |
| 28 | SHANXI XINGHUACUN FEN WINE FACTORY CO.,LTD. | $31.08 billion |
| 29 | SHAANXI COAL INDUSTRY COMPANY LIMITED | $31 billion |
| 30 | CRRC CORPORATION LIMITED | $30.62 billion |
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