May 9 witnessed the launch of the 2023 Brand Value List of Chinese Listed Companies, which was initiated by National Business Daily (NBD) and hosted by the China Business Research Center under the School of Economics and Management at Tsinghua University (Tsinghua SEM).

It shows that the total brand value of the TOP 100 Listed Chinese Companies by Brand Value is 16,180.2 billion yuan, an increase of 432.6 billion yuan or 2.7 percent over the previous year. Tencent Holdings, Alibaba, China Mobile, Kweichow Moutai, and JD.com Group are the top five players. Tencent Holdings and Alibaba continued to take the top spot, with their brand values reaching 1,770.8 billion yuan and 1,346.3 billion yuan respectively.

From an industry perspective, the financial industry surpassed the Internet and retail industries to become the sector with the highest brand value in 2023, reaching 2,767.5 billion yuan. In terms of the number of companies, the financial sector ranked first, with 19 companies making their way into the list.

"The Top 100 Chinese Listed Companies by Brand Value Vitality" shows that new energy enterprises have delivered a strong performance. Battery giant CATL (SZ300750) ranked first, with its brand value increasing by 168.8%.

"The Top 50 Chinese Listed Companies by Overseas Brand Value" shows an overall brand value of 1,867.9 billion yuan, up 10.5% year on year. Among the list, Lenovo Group retained the first place, with its overseas brand value reaching 201.9 billion yuan, an increase of 12.8 billion yuan or 6.8% over the previous year. Zijin Mining's overseas brand value was 10.8 billion yuan, ranking 50th on the list.