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China's top 10 most valuable private companies in 2021

chinadaily.com.cn Updated: Feb 16, 2022

Tencent has become the most valuable private company in China, according to the Hurun China 500 Most Valuable Private Companies list for 2021.

Semi-conductor giant TSMC ranked second with a value of $577 billion, following Tencent with a valuation of $609 billion.

Alibaba halved in value, dropping down one place to third, while ByteDance's value tripled last year, rising five places to fourth.

Let's take a look at the top 10 most valuable private companies in China, according to the list, which ranks the top 500 non-state-controlled enterprises in China on value.

No 10 Ping An Insurance
Industry: Insurance

The company logo of Ping An Insurance is seen in Beijing on Aug 27, 2020. [Photo/Agencies]

No 9 JD Group
Industry: E-Commerce

The façade and logo of Chinese e-commerce company JD Group at its headquarters in Beijing on Nov 11, 2019.[Photo/IC]

No 7 tied Ant Group
Industry: Fintech

An Ant Group office building in Hangzhou, East China's Zhejiang province. [Photo/IC]

No 7 Huawei

Industry:Consumer Electronics, Telecommunication

Huawei's logo. [Photo/Huawei]

No 6 Meituan
Industry: E-Commerce

A Meituan booth during an expo in Beijing. [Photo provided to China Daily]

No 5 CATL

Industry:New Energy

CATL's booth is seen during an industrial appliance expo in Shanghai. [Photo provided to China Daily]

No 4 ByteDance
Industry: Media and Entertainment

The ByteDance headquarters in Beijing on July 13, 2019. [Photo/IC]

No 3 Alibaba
Industry: E-Commerce

The logo of Chinese e-commerce giant Alibaba Group is pictured at its headquarters in Hangzhou, East China's Zhejiang province, on May 10, 2018. [Photo/IC]

No 2 TSMC
Industry: Semiconductors

A sign outside of a Taiwan Semiconductor Manufacturing Company facility in San Jose, California, on Feb 18, 2017. [Photo/IC]

No 1 Tencent Holdings
Industry: Media and Entertainment

People visit a Tencent booth at the 2021 China International Fair for Trade in Services in Beijing on Sept 3, 2021. [Photo/IC]
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How We Help
Resources
China Services Info

Top 10 List

China's top 10 most valuable private companies in 2021

chinadaily.com.cn Updated: Feb 16, 2022

Tencent has become the most valuable private company in China, according to the Hurun China 500 Most Valuable Private Companies list for 2021.

Semi-conductor giant TSMC ranked second with a value of $577 billion, following Tencent with a valuation of $609 billion.

Alibaba halved in value, dropping down one place to third, while ByteDance's value tripled last year, rising five places to fourth.

Let's take a look at the top 10 most valuable private companies in China, according to the list, which ranks the top 500 non-state-controlled enterprises in China on value.

No 10 Ping An Insurance
Industry: Insurance

The company logo of Ping An Insurance is seen in Beijing on Aug 27, 2020. [Photo/Agencies]

No 9 JD Group
Industry: E-Commerce

The façade and logo of Chinese e-commerce company JD Group at its headquarters in Beijing on Nov 11, 2019.[Photo/IC]

No 7 tied Ant Group
Industry: Fintech

An Ant Group office building in Hangzhou, East China's Zhejiang province. [Photo/IC]

No 7 Huawei

Industry:Consumer Electronics, Telecommunication

Huawei's logo. [Photo/Huawei]

No 6 Meituan
Industry: E-Commerce

A Meituan booth during an expo in Beijing. [Photo provided to China Daily]

No 5 CATL

Industry:New Energy

CATL's booth is seen during an industrial appliance expo in Shanghai. [Photo provided to China Daily]

No 4 ByteDance
Industry: Media and Entertainment

The ByteDance headquarters in Beijing on July 13, 2019. [Photo/IC]

No 3 Alibaba
Industry: E-Commerce

The logo of Chinese e-commerce giant Alibaba Group is pictured at its headquarters in Hangzhou, East China's Zhejiang province, on May 10, 2018. [Photo/IC]

No 2 TSMC
Industry: Semiconductors

A sign outside of a Taiwan Semiconductor Manufacturing Company facility in San Jose, California, on Feb 18, 2017. [Photo/IC]

No 1 Tencent Holdings
Industry: Media and Entertainment

People visit a Tencent booth at the 2021 China International Fair for Trade in Services in Beijing on Sept 3, 2021. [Photo/IC]
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