Industries with the most valuable companies in China 2023
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 11 percent of the total market cap of the pack. With 29 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.