China is dwelling to a few of the largest tech corporations on the earth, a lot of which may be bought by U.S. traders. These Chinese language shares have lagged behind their U.S. friends in recent times, however a number of are off to a comparatively robust begin in 2025 and should still provide compelling worth in comparison with the U.S. tech giants.
To make certain, the continuing commerce battle between the U.S. and China heightens the chance of investing in China. Whereas lots of the largest corporations generate most of their income from China, some do have publicity to the U.S. Plus, when requested in an interview on April 9, U.S. Treasury Secretary Scott Bessent didn’t rule out the concept of delisting Chinese language shares listed on U.S. inventory exchanges in response to China’s retaliatory tariffs.
One of the vital well-known Chinese language tech corporations is TikTok-parent firm ByteDance. Nonetheless, ByteDance is a non-public firm, which implies you received’t be capable of put money into it like you possibly can with publicly traded corporations. ByteDance lately had an implied valuation of $315 billion, based on a Reuters report.
Listed here are the ten largest publicly traded Chinese language tech corporations.
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10 largest Chinese language tech corporations
Information as of April 9, 2025. Primarily based on as we speak’s change charge, 1 U.S. greenback is the same as 7.34 yuan (RMB).
1. Tencent Holdings (TCEHY and 700-HK)
Tencent is a world web and know-how firm that provides a broad vary of providers, together with cloud computing, promoting, fintech, gaming and extra. It operates a wide range of social, fintech and digital content material manufacturers together with WeChat, QQ, Qzone, Weixin Pay, Tencent Video games and extra.
- Market cap: $486.1 billion
- 2024 income: RMB660.3 billion
- YTD returns: 1.5 %
2. Alibaba (BABA and 9988-HK)
Alibaba describes itself as having two core companies: e-commerce and cloud computing. It operates the Taobao and Tmall Group in home China that present e-commerce options to customers and companies, in addition to worldwide platforms that function outdoors of China.
- Market cap: $236.9 billion
- TTM income: RMB981.8 billion
- YTD returns: 17.2 %
3. PDD Holdings (PDD)
PDD Holdings operates a wide range of commerce platforms, together with Pinduoduo and Temu, which relies within the U.S. Temu was based in 2022 in Boston and goals to turn out to be a world platform that provides high quality merchandise at engaging costs.
- Market cap: $124.8 billion
- 2024 income: RMB393.8 billion
- YTD returns: -3.1 %
4. BYD (BYDDY and 1211-HK)
BYD is a know-how firm concerned in a wide range of industries, together with electronics, cars, power and rail transit. BYD is the most important automaker in China and makes solely electrical automobiles and hybrids. Warren Buffett’s Berkshire Hathaway invested $230 million in BYD in 2008.
- Market cap: $128.0 billion
- 2024 income: RMB777.1 billion
- YTD returns: 21.1 %
5. Xiaomi Corp. (XIACY 1810-HK)
Xiaomi is a shopper electronics firm and is likely one of the largest producers of smartphones on the earth. The corporate additionally operates a shopper web of issues platform that had about 740 million good units related to it on the finish of 2023, excluding smartphones, tablets and laptops, based on the corporate.
- Market cap: $136.3 billion
- 2024 income: RMB365.9 billion
- YTD returns: 10.3 %
6. Meituan (MPNGY and 3690-HK)
Meituan is a tech platform that provides a wide range of providers similar to meals supply, leisure and journey. The corporate was based in 2010 and says its mission is to “assist individuals eat higher, dwell higher.”
- Market cap: $110.9 billion
- 2024 income: RMB337.6 billion
- YTD returns: -12.4 %
7. NetEase (NTES and 9999-HK)
NetEase is an web gaming firm and says it develops and operates a few of the hottest cell and PC video games in China. The corporate additionally operates majority-controlled subsidiaries Youdao, an clever studying firm, and NetEase Cloud Music, an internet music platform.
- Market cap: $57.6 billion
- 2024 income: RMB105.3 billion
- YTD returns: 3.8 %
8. JD.com (JD and 9618-HK)
JD.com, or Jingdong, is China’s largest retailer by income, and operates in a number of completely different sectors similar to retail, know-how, logistics, healthcare and extra. The corporate says its retail infrastructure goals to permit customers to purchase no matter they need, at any time when and wherever they need it.
- Market cap: $48.7 billion
- 2024 income: RMB1.16 trillion
- YTD returns: -1.9 %
9. Journey.com (TCOM and 9961-HK)
Journey.com is a journey platform widespread with vacationers in Asia and world wide. The corporate operates a wide range of journey manufacturers, together with Ctrip, Qunar, Journey.com and Skyscanner.
- Market cap: $34.2 billion
- 2024 Income: RMB53.3 billion
- YTD returns: -23.5 %
10. Baidu (BIDU and 9888-HK)
Baidu was based in 2000 as a search engine enterprise and as we speak considers itself to be a number one AI firm. It additionally operates iQIYI, an internet leisure video service supplier.
- Market cap: $26.4 billion
- 2024 Income: RMB133.1 billion
- YTD returns: -8.8 %
How one can put money into Chinese language shares
Should you’re taken with investing in Chinese language shares, you could have a number of completely different choices. You should buy shares of particular person corporations via an internet dealer, or you possibly can put money into ETFs that maintain a basket of Chinese language shares.
Many Chinese language corporations have shares that commerce within the U.S., however some might solely be out there on worldwide exchanges. You might want a particular sort of international account together with your dealer to commerce on worldwide exchanges.
Buying China-focused ETFs is often a safer route since you’ll maintain a basket of shares that limits your publicity to any single firm. These ETFs can usually be bought commission-free at most on-line brokers.
Editorial Disclaimer: All traders are suggested to conduct their very own impartial analysis into funding methods earlier than investing determination. As well as, traders are suggested that previous funding product efficiency is not any assure of future worth appreciation.
