In 2023, the stock of Kweichow Moutai had a market value of over two trillion yuan. The stock exchange in Shanghai had the second-highest annual turnover in the Greater China region behind the bourse in Shenzhen.
The SSE trading boards
The Shanghai Stock Exchange has two trading boards known as the Main Board and the Star A board. The Main Board lists some of China’s largest companies, such as the Industrial and Commercial Bank of China, and Pingan Insurance. While the main board is geared toward large companies that have a consolidated market position and stable profitability, the Star A market targets early-stage tech startups.
Kweichow Moutai
Kweichow Moutai is a Chinese Baijiu manufacturer from Guizhou province and the most valuable stock in China. Initially, after the company’s first public offering in 2001, its share price remained stable until it skyrocketed in 2016. By now, Moutai is not only the most valuable spirits company in China, but also worldwide. In China, Moutai’s Baijiu is seen as a status symbol and the official spirit of the Chinese government.
Leading companies on the on the Main Board at the Shanghai Stock Exchange in China in 2023, by market value
(in billion yuan)
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Shanghai Stock Exchange. (October 11, 2023). Leading companies on the on the Main Board at the Shanghai Stock Exchange in China in 2023, by market value (in billion yuan) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1131517/china-leading-companies-on-the-main-board-at-sse-by-market-value/
Shanghai Stock Exchange. "Leading companies on the on the Main Board at the Shanghai Stock Exchange in China in 2023, by market value (in billion yuan)." Chart. October 11, 2023. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1131517/china-leading-companies-on-the-main-board-at-sse-by-market-value/
Shanghai Stock Exchange. (2023). Leading companies on the on the Main Board at the Shanghai Stock Exchange in China in 2023, by market value (in billion yuan). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1131517/china-leading-companies-on-the-main-board-at-sse-by-market-value/
Shanghai Stock Exchange. "Leading Companies on The on The Main Board at The Shanghai Stock Exchange in China in 2023, by Market Value (in Billion Yuan)." Statista, Statista Inc., 11 Oct 2023, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1131517/china-leading-companies-on-the-main-board-at-sse-by-market-value/
Shanghai Stock Exchange, Leading companies on the on the Main Board at the Shanghai Stock Exchange in China in 2023, by market value (in billion yuan) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1131517/china-leading-companies-on-the-main-board-at-sse-by-market-value/ (last visited November 10, 2024)
Leading companies on the on the Main Board at the Shanghai Stock Exchange in China in 2023, by market value (in billion yuan) [Graph], Shanghai Stock Exchange, October 11, 2023. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1131517/china-leading-companies-on-the-main-board-at-sse-by-market-value/
