The 2018 List of China’s Top 500 Listed Companies by Market Capitalization Released! 37 Companies from the Pharmaceutical and Biotechnology Sector Made the List, with Only Three Medical Device Manufacturers—Mindray, Lepu Medical, and WEGO—Included.
In the blink of an eye, 2018 is drawing to a close. Over the past year, major enterprises have experienced ups and downs, stumbling along the way; some have surged ahead with soaring market values, while others have plunged into crisis, facing steady decline. According to the newly released 2018 Top 500 Chinese Companies by Market Capitalization, as of December 29, there were a total of 6,961 Chinese companies listed globally, with 314 new listings in 2018, reaching a total market capitalization of RMB 80.82 trillion.Shrunk by more than one-sixth compared to the 98.4 trillion in 2017.
The 21st Data News Lab compiled the latest market capitalization data for listed companies on 15 exchanges, including those in Shanghai, Shenzhen, Hong Kong, and New York, to produce the “2018 Top 500 Chinese Listed Companies by Market Capitalization” ranking.
A total of 37 pharmaceutical and biotechnology companies ranked among the top 500 by market capitalization, with pharmaceutical manufacturers and pharmaceutical distributors comprising the majority. Several companies were new entrants to the list. Most traditional pharmaceutical companies saw their rankings decline, while those employing new business models experienced ranking improvements.
Among the three listed medical device companies, Mindray and WEGO are new entrants, while Lepu Medical rose by 35 places in the rankings compared to the previous year.
Among them:
Mindray’s market capitalization stands at RMB 132.8 billion, ranking 88th on the list; among the 37 listed biopharmaceutical companies, it ranks second, trailing only Hengrui Medicine.
Lepu Medical has a market capitalization of 37.1 billion yuan, ranking 318th on the list, an increase of 35 positions from the previous year;
Weigao Shares has a market capitalization of RMB 25 billion, ranking 498th on the list.
Data Source:21 Data News Lab
Article Summary:Medical Device Distributor Alliance