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51 Chinese companies find a place in Hurun Global 500 rankings

51 Chinese companies find a place in Hurun Global 500 rankings
By HE WEI in Shanghai |
China Daily |
Updated: 2021-01-13 09:57
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The booth of Tencent Holdings Ltd during an expo in Wuzhen, Zhejiang province. CHENG JIE/FOR CHINA DAILY
China ranks second after the United States in terms of wealthy non-State-owned companies, and their combined wealth rose by 25 percent despite the novel coronavirus epidemic, a new study said on Tuesday.
A total of 51 Chinese companies made it to the latest Hurun Global 500 List, which tracks the world s richest non-State-owned companies. The US led the rankings with 242 companies.
The first-ever such list includes publicly-traded firms based on market capitalization and valuations of non-listed companies. US-based tech giant Apple Inc took the top slot with an estimated value of $2.1 trillion. ....

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