Hurun China 500 Rankings for 2025: Top Three Most Valuable State-Owned Enterprises Are Agricultural Bank of China, ICBC, and State Grid

Deep News

02/05

On February 5th, the Hurun Research Institute released the "2025 Hurun China 500," revealing that TSMC's value increased by 3.5 trillion yuan, securing its position once again as China's most valuable private enterprise with a total valuation of 10.5 trillion yuan. Tencent's value grew by 1.9 trillion yuan, firmly holding the second spot with 5.3 trillion yuan. ByteDance's value rose by 1.8 trillion yuan, maintaining third place with a valuation of 3.4 trillion yuan. Xiaomi entered the top ten, with its value increasing by 357 billion yuan, ranking eighth with a total value of 1 trillion yuan.

The top ten most valuable state-owned enterprises in China are Agricultural Bank of China (ABC), Industrial and Commercial Bank of China (ICBC), State Grid, China State Railway Group, China Construction Bank (CCB), Kweichow Moutai, PetroChina, Bank of China (BOC), China Mobile, and CITIC Group.

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