Largest Chinese public companies as of 2019, by market value

With the growth of the Chinese economy, an increasing number of Chinese companies are appearing on the Forbes Global 2000 list. Alibaba, ranking 59th on the list, was the Chinese company with the largest market value. Its market value amounted to around 480.8 billion U.S. dollars in 2019.

Chinese companies on Forbes Global 2000

  China had the second highest number of companies on this list, trailing behind the United States. Among the first ten public companies on the Global 2000 ranking, five were companies headquartered in China. The Industrial and Commercial Bank of China (ICBC) has ranked first on Forbes Global 2000 ranking for seven years. The leading five Chinese companies on the 2019 ranking are all from the financial sector.

The rise of China’s tech-giants

  Besides companies from the financial sector and energy sector, China’s biggest internet companies Tencent and Alibaba also had good rankings. Both companies have grown significantly over the past years due to the rapid development of the internet business sector and the huge market in China. Both companies are investing a lot on the application of artificial intelligence to improve their working efficiency and clients’ experience.

Largest Chinese public companies as compiled by the Forbes Global 2000 ranking of 2019, by market value

Market value in billion U.S. dollars
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Source

Release date

May 2019

Region

China

Survey time period

2019

Supplementary notes

Market value is just one of four metrics used by the Forbes for company ranking. The ranking and placement on the Forbes Global 2000 list is determined by company's sales, profit, assets and market value combined.

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