Hurun China Top 500 In 2022: Tencent, Alibaba And Byte Rank In The Top Ten

On January 13, it was reported that Hurun Research Institute today released the Hurun China 500 Most Valuable Private Companies 2022, which lists the top 500 non-state-owned enterprises in China and ranks them according to their market value or valuation. Among them, TSMC's value fell by 860 billion yuan, replacing Tencent as a private enterprise with 2.8 trillion yuan; Tencent fell 1.4 trillion yuan in value, ranking second with 2.5 trillion yuan; Alibaba's value fell by nearly 1 trillion yuan, ranking third with 1.5 trillion yuan. The total value of the top 500 enterprises dropped by 15 trillion yuan, or 23%, to 51 trillion yuan over last year; The value of bytes jumped by nearly 40%, ranking fourth with 1.4 trillion yuan; BYD entered the top 10, ranking ninth with a value of 778 billion yuan, and its value only declined by 4%; The total value of the top ten is 5.6 trillion yuan lower than that of last year, but still accounts for 26% of the list. BYD entered the top ten. JD Group withdrew from the top ten, ranking 12th. The total value of the top ten companies accounted for 26% of the list, which was 13.4 trillion yuan, 5.6 trillion yuan lower than the total value of the top ten companies last year.

It is reported that the market value of listed companies is calculated according to the closing price on November 15, 2022, and the valuation of non listed companies is estimated by reference to listed companies in the same industry or according to the new round of financing.