| Name | Rank | Change from 2019 | Value (US$ bn) | YoY change (%) | Industry | Headquarters | Chairperson |
|---|---|---|---|---|---|---|---|
| Tencent | 1 | 1 | 743 | 75 | Media & entertainment | Shenzhen | Ma Huateng |
| Alibaba | 2 | -1 | 713 | 25 | E-commerce | Hangzhou | Zhang Yong |
| Meituan | 3 | 3 | 243 | 196 | E-commerce | Beijing | Wang Xing |
| Ping An | 4 | -1 | 221 | -1 | Insurance | Shenzhen | Ma Mingzhe |
| Ant Group | 5 | 0 | 209 | 40 | Fintech | Hangzhou | Jing Xiandong |
| Pinduoduo | 6 | 8 | 170 | 289 | E-commerce | Shanghai | Huang Zheng |
| Huawei | 7 | -3 | 164 | -8 | Consumer electronics | Shenzhen | Liang Hua |
| JD.com | 8 | 4 | 149 | 200 | E-commerce | Beijing | Liu Qiangdong |
| ByteDance | 9 | -2 | 105 | 32 | Media & entertainment | Beijing | Zhang Yiming |
| Midea Group | 10 | -1 | 94 | 67 | Household appliances | Foshan | Fang Hongbo |
