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Home » Latest » Executive Roundtable » China’s Largest Companies by market capitalization, 2024

Executive Roundtable

China’s Largest Companies by market capitalization, 2024

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As of February 18, 2025, KWEICHOW MOUTAI is the most valuable company in China, with a market cap of $255 billion. Following it are CATL (CONTEMPORARY AMPEREX TECHNOLOGY) ($163 billion) and CHINA MERCHANTS BANK CO., LTD.($146 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

RANKCOMPANYMARKET CAPITAL (USD DOLLAR)
1KWEICHOW MOUTAI CO., LTD.$255 billion
2CATL (CONTEMPORARY AMPEREX TECHNOLOGY)$163 billion
3CHINA MERCHANTS BANK CO., LTD.$146 billion
4PING AN INSURANCE (GROUP) COMPANY OF CHINA, LTD.$120 billion
5CHINA YANGTZE POWER CO., LTD.$95.17 billion
6MIDEA GROUP CO., LTD.$75.25 billion
7WULIANGYE YIBIN CO.,LTD.$70.23 billion
8INDUSTRIAL BANK CO., LTD.$60.61 billion
9FOXCONN INDUSTRIAL INTERNET CO., LTD.$60.51 billion
10CITIC SECURITIES COMPANY LIMITED$55.08 billion
11EAST MONEY INFORMATION CO.,LTD.$52.71 billion
12SHENZHEN MINDRAY BIO-MEDICAL ELECTRONICS CO., LTD.$43.65 billion
13HYGON INFORMATION TECHNOLOGY CO., LTD.$43.54 billion
14LUXSHARE PRECISION INDUSTRY CO., LTD.$43.44 billion
15SHANGHAI PUDONG DEVELOPMENT BANK CO., LTD.$42.13 billion
16HANGZHOU HIKVISION DIGITAL TECHNOLOGY CO., LTD.$40.15 billion
17JIANGSU HENGRUI MEDICINE CO., LTD.$39.89 billion
18CHINA PACIFIC INSURANCE (GROUP) CO., LTD.$39.74 billion
19BEIJING-SHANGHAI HIGH-SPEED RAILWAY CO., LTD.$38.39 billion
20CAMBRICON TECHNOLOGIES CORPORATION LIMITED$36.01 billion
21GREE ELECTRIC APPLIANCES, INC. OF ZHUHAI$33.31 billion
22HAIER SMART HOME CO., LTD.$32.75 billion
23SHANXI XINGHUACUN FEN WINE FACTORY CO.,LTD.$31.98 billion
24CHINA STATE CONSTRUCTION ENGINEERING CORPORATION LIMITED$31.56 billion
25FOSHAN HAITIAN FLAVOURING AND FOOD COMPANY LTD.$31.53 billion
26PING AN BANK CO., LTD.$30.9 billion
27NAURA TECHNOLOGY GROUP CO., LTD.$30.72 billion
28WANHUA CHEMICAL GROUP CO., LTD.$30.5 billion
29CHINA EVERBRIGHT BANK COMPANY LIMITED$29.12 billion
30SAIC MOTOR CORPORATION LIMITED$28.87 billion

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Lila Jones, D.Litt.
Lila Jones, D.Litt. in Global Communications and Media Convergence, is the Senior Business News Editor at CEOWORLD Magazine, where she curates and leads international editorial content focusing on financial strategy and executive communications. Based in Dubai and New York, Lila brings over a decade of experience covering global markets, corporate governance, and brand positioning.

She previously worked as a financial correspondent for a major Middle Eastern news outlet and later transitioned into strategic communications for multinational firms in the energy and tech sectors. Lila’s editorial leadership is characterized by precision, global fluency, and a strong sense of storytelling. At CEOWORLD, she manages a cross-border team that produces content on capital markets, CEO profiling, and corporate storytelling.

Lila holds an MBA in Finance and a certificate in Media and Strategic PR from a top European university. She is also a recurring guest lecturer at business schools and a panelist on ESG and diversity in leadership. Lila believes in empowering executives with the content they need to lead confidently on the world stage, and her work at CEOWORLD reflects that mission—offering insight-rich reporting and strategy-driven features that resonate across industries and cultures.

Email Lila Jones at lila@ceoworld.biz