In 2023, the finance industry occupied the most spots in the top 500 most valuable companies in China. The likes of Ping An Insurance and Alipay contributed ** percent of the total market cap of the pack. With ** companies being listed in the ranking, alcoholic beverage industry represented by Kweichow Moutai and Wuliangye made up over a quarter of the total market value.
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Hurun Research Institute. (February 24, 2025). Industry distribution of the 500 most valuable Chinese companies in China in 2023, by number of companies and market value share [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved August 03, 2026, from /statistics/1455531/china-thriving-industries-with-the-most-valuable-companies/
Hurun Research Institute. "Industry distribution of the 500 most valuable Chinese companies in China in 2023, by number of companies and market value share." Chart. February 24, 2025. ÌÇÐÄÆÆ½â°æ. Accessed August 03, 2026. /statistics/1455531/china-thriving-industries-with-the-most-valuable-companies/
Hurun Research Institute. (2025). Industry distribution of the 500 most valuable Chinese companies in China in 2023, by number of companies and market value share. ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: August 03, 2026. /statistics/1455531/china-thriving-industries-with-the-most-valuable-companies/
Hurun Research Institute. "Industry Distribution of The 500 Most Valuable Chinese Companies in China in 2023, by Number of Companies and Market Value Share." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 24 Feb 2025, /statistics/1455531/china-thriving-industries-with-the-most-valuable-companies/
Hurun Research Institute, Industry distribution of the 500 most valuable Chinese companies in China in 2023, by number of companies and market value share ÌÇÐÄÆÆ½â°æ, /statistics/1455531/china-thriving-industries-with-the-most-valuable-companies/ (last visited August 03, 2026)
Industry distribution of the 500 most valuable Chinese companies in China in 2023, by number of companies and market value share [Graph], Hurun Research Institute, February 24, 2025. [Online]. Available: /statistics/1455531/china-thriving-industries-with-the-most-valuable-companies/