4 Xiamen-based firms among China's largest 500 listed companies
The 21st Century recently released its list of China's top 500 listed companies by market value in 2020. Four Xiamen-based firms made the list, including Anjoy, Anta Sports, Sanan Optoelectronics and Yealink.
Anta Sports was Xiamen's highest-ranked company on the list, coming in at 65th with a total market value of 279.6 billion yuan.
A total of 14 Fujian-based firms made the list, with the Contemporary Amperex Technology Company (CATL) ranking 15th with a market value of 817.9 billion yuan.
The total market value of China's top 500 listed companies in 2020 was about 86 trillion yuan. The top 500 threshold last year was 38.6 billion yuan, up significantly over 2019.