Chinese Too Big To Fail

Kweichow Moutai

Market Cap: CN¥1.9t

Produces and sells liquor products in China and internationally.

China Merchants Bank

Market Cap: CN¥1.1t

Provides various banking products and services.

Ping An Insurance (Group) Company of China

Market Cap: CN¥994.9b

Ping An Insurance (Group) Company of China, Ltd.

Midea Group

Market Cap: CN¥573.2b

Manufactures and sells home appliances, and robotic and automation systems in China and internationally.

Wuliangye YibinLtd

Market Cap: CN¥491.6b

Manufactures and sells liquor and wine products under the Wuliangye brand in China.

Industrial Bank

Market Cap: CN¥445.9b

Provides banking services in the People’s Republic of China.

Hangzhou Hikvision Digital Technology

Market Cap: CN¥279.4b

Hangzhou Hikvision Digital Technology Co., Ltd.

Haier Smart Home

Market Cap: CN¥232.1b

Engages in the research, development, production, and sales of smart home appliances.

Ping An Bank

Market Cap: CN¥226.1b

Provides commercial banking products and services for individual and corporate customers, government agencies, institutions, and other small businesses in China and internationally.

Gree Electric Appliances of Zhuhai

Market Cap: CN¥226.1b

Engages in the production and sale of air-conditioners, home appliances, and accessories in China.

China Everbright Bank

Market Cap: CN¥207.9b

Provides a range of financial products and services to corporations and government agencies, retail customers, and individuals in Mainland China, Hong Kong, Luxembourg, Macao, Seoul, and Sydney.

Luzhou LaojiaoLtd

Market Cap: CN¥204.7b

Produces and sells alcoholic products in China and internationally.

Shaanxi Coal Industry

Market Cap: CN¥197.7b

Shaanxi Coal Industry Company Limited, together with its subsidiaries, mines, produces, washes, processes, and sells coal in China and internationally.

China Minsheng Banking

Market Cap: CN¥185.0b

Provides banking products and services in the People's Republic of China.

Bank of Ningbo

Market Cap: CN¥183.8b

Provides various personal and business banking products and services in the People's Republic of China.

NARI Technology

Market Cap: CN¥179.8b

Provides power intelligence solutions in China and internationally.

China United Network Communications

Market Cap: CN¥174.5b

Provides telecommunication services in the People’s Republic of China.

Sany Heavy IndustryLtd

Market Cap: CN¥173.7b

Engages in the research and development, manufacture, and sale of construction machinery in Asia, Australia, Europe, North America, South America, Africa, and internationally.

Baoshan Iron & Steel

Market Cap: CN¥151.8b

Manufactures and sells steel products for automobile, home appliance, petrochemical, machinery manufacturing, energy, transportation, and other industries in China and internationally.

Bank of Nanjing

Market Cap: CN¥136.5b

Provides various financial products and services in China.

Bank of Beijing

Market Cap: CN¥124.3b

Provides various banking services to personal and corporate customers in China.

Hua Xia Bank

Market Cap: CN¥113.2b

Provides commercial banking services in China and Hong Kong.

Zhongjin GoldLtd

Market Cap: CN¥92.4b

Engages in the mining, smelting, and sale of non-ferrous metals in China.

Zhejiang NHU

Market Cap: CN¥75.4b

Engages in the production and sale of nutrition, flavor and fragrance, and new polymer materials in the People’s Republic of China.

Huadong Medicine

Market Cap: CN¥74.7b

Engages in the wholesale and retail of pharmaceutical products in China and internationally.

HUAYU Automotive Systems

Market Cap: CN¥63.5b

Researches and develops, manufactures, and sells automotive parts worldwide.

China Jushi

Market Cap: CN¥61.5b

Engages in the manufacture and sale of fiberglass in China and internationally.

Sichuan Kelun Pharmaceutical

Market Cap: CN¥59.7b

Researches, develops, produces, and sells infusion and non-infusion pharmaceutical products in China.

ENN Natural GasLtd

Market Cap: CN¥58.3b

Engages in natural gas distribution, trading, storage, transportation, production, and engineering in China.

Jiangsu King's Luck Brewery Ltd

Market Cap: CN¥52.3b

Jiangsu King's Luck Brewery Joint-Stock Co.,Ltd.

China Resources Sanjiu Medical & Pharmaceutical

Market Cap: CN¥48.8b

China Resources Sanjiu Medical & Pharmaceutical Co., Ltd.

Sailun Group

Market Cap: CN¥46.9b

Engages in the research and development, manufacturing, and sales of tires, and tire recycling products in China, Europe, the United States, Asia, Africa, and internationally.

Shandong Nanshan AluminiumLtd

Market Cap: CN¥46.0b

Shandong Nanshan Aluminium Co.,Ltd. is involved in the aluminum processing activity worldwide.

Beijing New Building Materials

Market Cap: CN¥43.0b

Manufactures and sells building materials in China and internationally.

China International Marine Containers (Group)

Market Cap: CN¥40.4b

Manufactures and sells logistics and energy equipment in China, the United States, Europe, rest of Asia, and internationally.

Anhui Yingjia Distillery

Market Cap: CN¥35.8b

Operates in the brewing industry in China.