The ranking of the total market value of city listed companies was announced. From the overall city ranking, Beijing, Shenzhen, Shanghai, Hangzhou and Guangzhou are still among the top five in the country.
It is reported that the "Total Market Value Ranking of Listed Companies in Mainland China Cities (2020)" recently released by the Securities Times took into account all A-shares, as well as Hong Kong and U.S. stock data whose main business is in the mainland, and found that mainland China The total market value of listed companies achieved gratifying results at the end of 2020, reaching 116 trillion in one fell swoop, an increase of approximately 29 trillion compared with the end of 2019, with a growth rate of 33.
In terms of geographical distribution, only Beijing and Tianjin are among the northern cities in the top ten list, and their proportion is still inferior to those in the south. At the same time, the top three GDP in mainland China also happens to be the three cities with the highest total market value of listed companies and the most companies with a market value of 100 billion - Beijing, Shenzhen and Shanghai. It is not difficult to see that star companies are a powerful driving force for urban growth, and the distribution of the Internet industry is one of the engines.
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The top three cities in terms of market value of listed companies
Beijing has 49 companies with a market value of 100 billion, starting with 27.18 trillion. The large proportion of state-owned enterprises and the country's most elite higher education resources have made Beijing an Internet capital with major "money-attracting" companies such as Meituan, JD.com, Xiaomi, and Baidu.
Shenzhen, ranked second, has 456 listed companies with a total market value of 16.36 trillion, of which 25 have a market value of over 100 billion. In addition to QQ Music and Tencent Music, the financial, real estate, and electronic communications fields are also booming. If we exclude the data from central enterprises but look at private enterprises, Shenzhen continues to rank first in the country with a total market value of 15.22 trillion listed companies.
Shanghai is firmly in third place with RMB 12.42 trillion. It not only has Internet companies such as Bilibili, Oriental Fortune, Lufax, Bilibili, and Ctrip, but the chip industry is also showing good momentum. Among the top five, listed companies in Shanghai also performed most outstandingly last year, ranking first in value-added.