China Accounts for 60% of Asia’s Fab 50 Companies List from Forbes

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Chinese companies continue to dominate the Asia’s Fab 50 Companies List released annually by financial magazine Forbes.

A record-breaking 30 Chinese companies feature on the 2018 list of Asia’s Fab 50 Companies, as compared to 28 last year.

Internet giants Alibaba and Tencent remain the leading companies on the list, with market value of USD$462.7 billion and $434.5 billion respectively, and sales of $37.8 billion and $35.2 billion.

List of Chinese companies on 2018 Asia’s Fab 50 Companies List

Company Market value (billion) Sector
AAC Technologies Holding $13.4 Technology hardware and equipment
Alibaba $462.7 Online retail
Anta Sports Products $14.7 Household and personal products
China Aoyuan Property Group $2.1 Construction
China Gas Holdings $16.7 Utilities
Country Garden Holdings $32.6 Construction
Zhejiang Dahua Technology $6.7 Technology hardware and equipment
Dali Foods Group $9.8 Food, beverage and tobacco
Foshan Haitian Flavouring and Food $27.5 Food, beverage and tobacco
Geely Automobile Holdings $19.9 Consumer durables
HLA $6.8 Household and personal products
Huadong Medicine $10 Drugs and biotechnology
Inner Mongolia Yili $23.6 Food, beverage and tobacco
Jiangsu Hengrui Medicine $37.5 Drugs and biotech
Logan Property Holdings $6.9 Construction
Longi Green Energy Technology $5.3 Semiconductors
Luxshare Precision Industry $11.2 Technology hardware and equipment
Midea Group $41.2 Consumer durables
NetEase $27.5 IT software and services
Rongsheng Petrochemical $10.7 Household and personal products
S.F. Holding $26.6 Business services and supplies
Shanghai Fosun Pharmaceutical $11.4 Drugs and biotech
Shenzhou International Group $19.7 Household and personal products
Sino Biopharmaceutical $16.6 Drugs and biotech
Sunny Optical Technology Group $14.2 Technology hardware and equipment
Tencent Holdings $434.5 IT software and services
Tianneng Power International $1.4 Consumer durables
Unisplendour $10.1 Technology hardware and equipment
Vipshop Holdings $4.1 Retailing
Yonghui Superstores $10.6 Food markets

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