Chinese economy

By the end of 2020, Tencent, one of China’s top 500 in market value, will rank first From 21 data news Lab

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The following is the By the end of 2020, Tencent, one of China’s top 500 in market value, will rank first From 21 data news Lab recommended by recordtrend.com. And this article belongs to the classification: Chinese economy.

21 data news lab released the latest list of China’s top 500 companies in terms of market value. According to the list, by the end of 2020, Tencent has a market value of more than 4.5 trillion yuan, surpassing Alibaba as the highest enterprise in China. Alibaba ranked second with a market value of 420 million yuan. TSMC replaced ICBC into the top three, with a market value of about 320 million yuan.

It can be seen from the list that most of the top 20 enterprises are Internet enterprises, and the “Chinese prefix” companies have gradually retreated, leaving only eight in the top 20.

In recent years, the rapid development of Internet companies, the birth of many “new rich.”. Among them, meituan and pinduoduo grew rapidly, and both of them joined the “trillion market value club”, with market value increases of 175% and 364% respectively during the year.

Jingdong and Xiaomi also performed well, with their market values more than doubled. Among them, Xiaomi ranked 41, and successfully entered the ranks of China’s top 20 enterprises with market value.

In addition, the strength of new energy vehicles and liquor enterprises can not be underestimated. According to the list data, Ningde times, a leading enterprise in the field of new energy vehicles, has risen rapidly to the 17th place.

The company’s market value exceeded 900 billion yuan for the first time on January 4, and its share price rose by more than 11%. Liquor stock Guizhou Maotai is advancing steadily, the market value ranking rose from the 7th to the 4th, with a trillion yuan increase in the market value this year.

It is worth noting that among the latest top 500 enterprises, 43 are newly listed in 2020, mainly in the fields of medicine and biology, semiconductor, new retail, new energy vehicles, etc., including bubble mart, Jingdong health, mingchuang Youpin, Xiaopeng automobile, ideal automobile, etc.

More reading from webmaster’s home: 21 data news lab: top 500 Chinese companies by market value in 2017; top 500 Chinese enterprises by patent in 2019; China Enterprise Federation: top 500 service enterprises in 2017; Oriental Fortune: top 500 Chinese listed enterprises in 2016 Tencent No.1 China Enterprise Federation & China Entrepreneur Association: top 500 Chinese enterprises in 2018, top 500 Chinese enterprises in 2019, top 500 Chinese enterprises in 2016, top 500 State Grid, China Enterprise Federation: top 500 Chinese enterprises in 2015, Jingdong ranked 65 ahead of Ali Tencent first Ali second 21 data news lab: China’s top 500 listed companies in 2018 Jingdong falls out of the top 20 people’s Bank of China: questionnaire survey report on urban depositors in the first quarter of 2019 China Bureau of Statistics: profits of Industrial Enterprises above designated size increase by 16.2% from January to August 2018 Ministry of Commerce: foreign investment absorption in the whole country in 2017 sharing opportunities: the impact of China International Import Expo on the commercial real estate market (with download) people’s Bank of China: China’s monetary policy in Q1, 2018 Policy implementation report (with download)

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