Chinese Companies are Hot

Related entries: Corporate News, General, Investment, News, Research

BusinessWeek (h/t to China Law Blog) has published a list of Asia’s 100 hottest companies. I have been watching the emergence of Chinese companies on the world stage, and recently reported on Harvard Business Review’s list of potential winners:

    • Baosteel (big, steel)
    • Emerge Logistics (3PL provider)
    • Galanz (white goods)
    • Haier (more white goods)
    • Huawei Technolgies (telecoms)
    • Lenovo (PCs, including IBM’s)
    • Wahaha Group (beverages)

Other big or emerging Chinese brands were listed in “Branded in China (Sold Everywhere)”.

BusinessWeek expands on these lists (using different methodology), and China law Blog has already extracted the top mainland companies, and provided a useful introduction, as follows.

    “Business Week just came out with its list of “Asia’s 100 Hot Growth Companies and nine Mainland China companies made the list. Business Week picked these 100 companies from publicly traded companies, based on “their three-year growth in sales, profits, and return on invested capital.” Companies were also required to have annual sales between US$50 million and US$500 million and “sales growth, profit growth, and average return on invested capital of at least 10%.” Banks, insurance companies, real estate firms, and utilities were excluded, along with companies with “significant declines in share price over the past 12 months.”

    • Hangzhou Steam Engine at 7 “Heavy Electrical Equipment”
    • Dongfang Electrical Machinery at 25 “Heavy Electrical Equipment”
    • Inner Mongolia Yitai Coal at 31 “Coal/Consumable Fuels”
    • CNPC (Hong Kong) at 39 “Oil and Gas”
    • Zijin Mining Group at 47 “Gold Producers”
    • Tong Ren Tang Technologies at 67 “Pharmaceuticals”
    • Shenzhen Chiwan Wharf Holdings at 70 “Marine Ports/Services”
    • Wumart Stores at 82 “Hypermarkets”
    • Luthai Textile at 95 “Textiles”

In addition to the above, Taiwan and (to a lesser extent) Hong Kong were also well represented, with the following making it into the top 10:

    • Sitronix Technology (Taiwan) at 4 – “Electronic Equipment Manufacturers”
    • Infortrend Technology (Taiwan) at 5 – “Computer Storage & Peripherals”
    • SIMPLO Technology (Taiwan) at 8 – “Computer Storage & Peripherals”
    • Powertech Technology (Taiwan) at 9 – “Semiconductors”

How many of those companies do you already know by name? Well, expect to hear more about them in the future…

See news sources:

3 Responses to “Chinese Companies are Hot”

  1. | China Business Blog Says:

    […] in the world beyond.” The China Power List follows on from rich lists (here and here), company lists , philanthropy lists, and others (to which I would add China Vitae, which has grea […]

  2. Archive » The China Power List| China Business Blog Says:

    […] in the world beyond.” The China Power List follows on from rich lists (here and here), company lists , philanthropy lists, and others (to which I would add China Vitae, which has grea […]

  3. Archive » HSI: Hong Kong Skyline Index| China Business Blog Says:

    […] nd brands may not yet have reached the heights of the Hang Seng Index, I suspect that more mainland brands will be outbidding their long-established foreign rivals for Hong Kong’s real […]

Leave a Reply

You must be logged in to post a comment.