摘要：Top 10 Market Cap Stocks in A-share Market
As of June, 2019, the A-share market has a total market capitalization of RMB 59 trillion. Among the 3,600+ listed co
Top 10 Market Cap Stocks in A-share Market
As of June, 2019, the A-share market has a total market capitalization of RMB 59 trillion. Among the 3,600+ listed companies, here are the top 10 biggest market cap stocks:
1. ICBC (Industrial and Commercial Bank of China) - RMB 2.5 Trillion
ICBC is not only the largest bank in China, but also the largest bank in the world by total assets. As of the end of 2018, ICBC has a total asset of RMB 29.9 trillion and net profit of RMB 297 billion. ICBC's shares have been listed on the Shanghai Stock Exchange and the Hong Kong Stock Exchange since 2006. The bank's stock price has been stable in recent years, and it's been considered a \"blue-chip\" stock by many investors.
2. China Construction Bank - RMB 2.41 Trillion
China Construction Bank is another \"big four\" state-owned bank in China. It has a total asset of RMB 25.1 trillion and net profit of RMB 254 billion as of the end of 2018. China Construction Bank's shares have been listed on the Shanghai Stock Exchange and the Hong Kong Stock Exchange since 2005. The bank has a strong business in mortgage lending and wealth management, and it's been considered a stable and profitable investment in the A-share market.
3. Ping An Insurance - RMB 1.69 Trillion
Ping An Insurance is a leading insurance company in China and also one of the largest insurance companies in the world. It has a total asset of RMB 6.3 trillion and net profit of RMB 107 billion as of the end of 2018. Ping An's shares have been listed on the Shanghai Stock Exchange and the Hong Kong Stock Exchange since 2004. The company has a diversified business portfolio, including life insurance, property insurance, and health insurance. It also has a strong presence in the online insurance business, and its subsidiary Ping An Bank is also a listed company in the A-share market.
4. Agricultural Bank of China - RMB 1.50 Trillion
Agricultural Bank of China is the third \"big four\" state-owned bank in China. It has a total asset of RMB 23.7 trillion and net profit of RMB 211 billion as of the end of 2018. Agricultural Bank's shares have been listed on the Shanghai Stock Exchange and the Hong Kong Stock Exchange since 2010. The bank focuses on serving the agricultural and rural sectors in China, and it also has a strong business in micro-lending and credit card services. Its stock price has been fluctuating in recent years, but it's still considered a core holding for many investors.
5. China Merchants Bank - RMB 1.48 Trillion
China Merchants Bank is a commercial bank in China with a focus on retail banking and wealth management. It has a total asset of RMB 7.9 trillion and net profit of RMB 87 billion as of the end of 2018. China Merchants Bank's shares have been listed on the Shanghai Stock Exchange and the Hong Kong Stock Exchange since 2006. The bank has a strong reputation for innovation and customer service, and its stock price has been outperforming many of its peers in recent years.
6. Bank of China - RMB 1.39 Trillion
Bank of China is another \"big four\" state-owned bank in China. It has a total asset of RMB 24.6 trillion and net profit of RMB 202 billion as of the end of 2018. Bank of China's shares have been listed on the Shanghai Stock Exchange and the Hong Kong Stock Exchange since 2006. The bank has a strong business in overseas banking and trade finance, and it's also been expanding its digital banking and fintech capabilities in recent years. Its stock price has been stable but with some volatility in response to the global economic and political environment.
7. China State Construction Engineering - RMB 1.32 Trillion
China State Construction Engineering is one of the largest construction companies in China and the world. It has a total asset of RMB 1.9 trillion and net profit of RMB 39 billion as of the end of 2018. China State Construction Engineering's shares have been listed on the Shanghai Stock Exchange and the Hong Kong Stock Exchange since 2009. The company has a diversified business portfolio, including construction, real estate, and infrastructure development. Its stock price has been volatile in recent years due to the cyclical nature of the construction industry and the impact of government policies on the property market.
8. China Life Insurance - RMB 1.06 Trillion
China Life Insurance is the largest life insurance company in China and also one of the largest insurance companies in the world. It has a total asset of RMB 3.8 trillion and net profit of RMB 37 billion as of the end of 2018. China Life's shares have been listed on the Shanghai Stock Exchange and the Hong Kong Stock Exchange since 2003. The company has a strong business in traditional life insurance, but it's also been expanding into health insurance, pension insurance, and wealth management. Its stock price has been fluctuating in response to the changing regulatory environment and the competition from online insurance platforms.
9. Industrial Bank - RMB 989 Billion
Industrial Bank is a commercial bank in China with a focus on corporate banking and investment banking. It has a total asset of RMB 6.4 trillion and net profit of RMB 74 billion as of the end of 2018. Industrial Bank's shares have been listed on the Shanghai Stock Exchange and the Shenzhen Stock Exchange since 2007. The bank has a strong business in financing for small and medium-sized enterprises, as well as in wealth management and international trade finance. Its stock price has been volatile in recent years due to the impact of the macroeconomic environment and the regulatory changes in the banking industry.
10. China Petroleum & Chemical (Sinopec) - RMB 952 Billion
China Petroleum & Chemical Corporation, or Sinopec, is one of the largest oil and gas companies in China and the world. It has a total asset of RMB 2.8 trillion and net profit of RMB 63 billion as of the end of 2018. Sinopec's shares have been listed on the Shanghai Stock Exchange and the Hong Kong Stock Exchange since 2000. The company has a strong integrated business covering upstream exploration and production, midstream refining and chemical production, and downstream marketing and distribution. Its stock price has been volatile in response to the fluctuation of global oil prices and the performance of the downstream businesses.
