Reporters learned that recently, China Data Pay and Chinafund jointly released the “the ranking of total market capitalization of listed companies in mainland in 2020.” Among them, Wuhu ranked 19th on the list, which was among the top 20.
The stock market is a barometer of economy. The number, size and competitiveness of listed companies reflect the comprehensive competitiveness of cities to a certain extent. According to statistics, the total market value of listed companies on the Chinese mainland reached 116 trillion yuan by the end of 2020, up nearly 29 trillion yuan from the end of 2019.
Data showed that 659 listed companies in Beijing, excluding Hong Kong, Macao and Taiwan, had a total market value of 27.18 trillion yuan at the end of 2020, topping the list for a second year.
Wuhu, with a total market value of 882.3 billion yuan, ranks 19th in China, 7th in the Yangtze River Delta and 1st in the whole province.
In addition, China Data Pay also released the “Ranking of Listed Companies in Second and Third Tier Cities by Market Value (2020)”. Data show that the total market value of listed companies in Wuhu at the end of 2020 is 882.3 billion yuan, ranking the fifth in the market value list of second and third-tier cities. Renhuai in Guizhou province, which still has only one listed company, Kweichow Moutai, took the title again.
Translated by Yuan Mengwen from Foreign Affairs Office of Wuhu Municipal People’s Government