The market values of listed companies were based on the closing prices on November 15, 2022. For the valuation of private companies, market values of other companies from the same industry or the latest M&A data were included in the estimations.
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Leading Chinese private companies with market value growth in 2022
Chinese online fast fashion retailer Shein, had managed to increase its market value at a rate of *** percent since the November 2021 to November 2022. Other growth generators in the *** most valuable Chinese private companies list in 2021 were mainly technology companies and manufacturers.
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Hurun Research Institute. (January 13, 2023). Market value growth of 500 most valuable Chinese private companies between November 2021 and November 2022 [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved August 05, 2026, from /statistics/1290575/china-biggest-market-cap-growth-most-valuable-chinese-private-companies-during-covid-19/
Hurun Research Institute. "Market value growth of 500 most valuable Chinese private companies between November 2021 and November 2022." Chart. January 13, 2023. ÌÇÐÄÆÆ½â°æ. Accessed August 05, 2026. /statistics/1290575/china-biggest-market-cap-growth-most-valuable-chinese-private-companies-during-covid-19/
Hurun Research Institute. (2023). Market value growth of 500 most valuable Chinese private companies between November 2021 and November 2022. ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: August 05, 2026. /statistics/1290575/china-biggest-market-cap-growth-most-valuable-chinese-private-companies-during-covid-19/
Hurun Research Institute. "Market Value Growth of 500 Most Valuable Chinese Private Companies between November 2021 and November 2022." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 13 Jan 2023, /statistics/1290575/china-biggest-market-cap-growth-most-valuable-chinese-private-companies-during-covid-19/
Hurun Research Institute, Market value growth of 500 most valuable Chinese private companies between November 2021 and November 2022 ÌÇÐÄÆÆ½â°æ, /statistics/1290575/china-biggest-market-cap-growth-most-valuable-chinese-private-companies-during-covid-19/ (last visited August 05, 2026)
Market value growth of 500 most valuable Chinese private companies between November 2021 and November 2022 [Graph], Hurun Research Institute, January 13, 2023. [Online]. Available: /statistics/1290575/china-biggest-market-cap-growth-most-valuable-chinese-private-companies-during-covid-19/