Regional territory of A-share companies: the market value of companies in 16 provinces exceeds one trillion yuan Guangdong Province ranks first in the number of listed companies on the main board and ChiNext board
Xing Meng, reporter of this newspaper
At present, in the A-share market, the geographical distribution of listed companies is distinct, and the number of listed companies has exceeded 100 and the total market value has exceeded one trillion yuan, and the provinces have reached double digits.
According to Wind information statistics, as of June 6 (the same below), the total market value of 9,5204 A-share listed companies exceeded 83 trillion yuan, covering 31 provinces (autonomous regions and municipalities directly under the central government) in the country. Among them, the number of listed companies in 12 provinces including Guangdong, Zhejiang, Jiangsu, Beijing and Shanghai exceeded 100, and the total market value of listed companies in 16 provinces including Beijing, Guangdong and Shanghai was more than 1 trillion yuan.
Nearly 60% of A-share listed companies
From 5 provinces
At present, as the "basic plate" of China's real economy, listed companies play a key role in leading scientific and technological innovation, accelerating industrial upgrading and boosting economic development. The number and scale of listed companies have gradually become an important indicator to measure regional economic vitality and development potential.
"Listed companies are usually leading companies in the province or city where they are located, and their number and scale can reflect the quality of economic development of the province and city. Transforming the development advantages of listed companies into regional economic advantages is an effective way to enhance regional economic strength. Wang Xin, global partner and chairman of Greater China, Sullivan told the Securities Daily reporter that on the one hand, listed companies promote local industrial clustering, and by integrating upstream and downstream enterprises into their own industrial chain, they can improve the local industrial ecology. On the other hand, listed companies can participate in the merger and reorganization process of enterprises with difficulties in operation in their regions in combination with their own development strategies, revitalize existing assets, and promote local economic development.
Thanks to the reform and opening up and favorable economic conditions, China's eastern region currently occupies a very important position in the A-share market.
Wind information data shows that from the perspective of the number of listed companies, the number of listed companies in 848 provinces such as Guangdong (682), Zhejiang (667), Jiangsu (468), Beijing (426), Shanghai (298), Shandong (171), Fujian (12) and other 100 provinces have more than 7, and 3091 provinces are from the eastern region, accounting for more than half. It can be seen that the leading advantage of the top five provinces is particularly obvious, with a total of 59,<> listed companies, accounting for <>% of the total number of A-shares.
Among the A-share listed sectors, Guangdong and Jiangsu performed particularly well. Guangdong ranks first in the number of companies on the Main Board and ChiNext Market, while Jiangsu ranks first in the number of companies on the Science and Technology Innovation Board and the Beijing Stock Exchange.
Specifically, from the perspective of the number of companies on the main board of Shanghai and Shenzhen, Guangdong, Zhejiang and Jiangsu rank in the top three; From the perspective of the number of ChiNext companies, Guangdong, Jiangsu and Zhejiang ranked high; From the perspective of the number of companies on the science and technology innovation board, Jiangsu, Shanghai and Guangdong ranked first; From the perspective of the number of companies on the Beijing Stock Exchange, the order is Jiangsu, Guangdong and Zhejiang.
When talking about the reasons for the large number of listed companies in the above five provinces, Yan Kaiwen, chief strategist of Huaxin Securities, analyzed to the reporter of "Securities Daily" that first of all, these regions have a developed economic foundation and extensive industrial layout, attracting a large number of enterprises to choose to list locally. Secondly, these regions have obvious advantages and agglomeration effects in the fields of science and technology, manufacturing, and finance, providing better development opportunities and resource support for listed companies. In addition, local governments have also actively promoted economic development, provided a good policy environment and investment atmosphere, and attracted more enterprises to go public.
Gui Haoming, chief market expert of Shenwan Hongyuan Securities, told reporters that at present, the geographical distribution of A-share listed companies is unbalanced, mainly concentrated in the regions with the fastest economic development and the strongest economic strength in China. Among them, Guangdong has always been the largest region in China's economy, Jiangsu and Zhejiang have developed private economy and high level of science and technology, and emerging industries in Beijing and Shanghai have flourished, becoming a hot land for innovation and entrepreneurship, which has also caused the phenomenon of agglomeration of listed companies.
What is more noteworthy is that from the perspective of the number of enterprises to be listed, the above five provinces will maintain their leading position for a long time.
According to Wind information data, at present, a total of 799 A-share companies are lined up for listing (including accepted, inquired, approved, registered with the CSRC, etc.), of which Guangdong, Jiangsu, Zhejiang, Shanghai and Beijing rank in the top five in terms of the number of enterprises, especially the number of queued enterprises in the top three provinces exceeds 100.
Listed companies in Beijing and Guangdong
The total market value exceeds 10 trillion yuan
From the perspective of the total market value of listed companies in various places, the aforementioned five provinces still rank first. Wind information data shows that the total market value of listed companies in Beijing, Guangdong, Shanghai, Zhejiang and Jiangsu ranks in the top 5, of which Beijing and Guangdong both exceed 5 trillion yuan, 10.18 trillion yuan and 6.13 trillion yuan respectively. Overall, the total market value of listed companies in 3 provinces exceeded 16 trillion yuan.
From the perspective of leading enterprises, there are currently 116 listed companies with a market value of more than 34 billion yuan in the A-share market, mainly distributed in Beijing (22), Guangdong (14), Shanghai (4) and other places. There are <> companies with a market value of more than one trillion yuan, namely Kweichow Moutai, Industrial and Commercial Bank of China, PetroChina and Agricultural Bank of China.
From the perspective of the average market value of listed companies in various places, Guizhou ranked first with 671.397 billion yuan, Beijing ranked second with 277.207 billion yuan, Inner Mongolia ranked third with 200.4 billion yuan, and Shanxi ranked fourth with <>.<> billion yuan, which are also the four provincial-level administrative regions with an average market value of more than <> billion yuan of listed companies.
"Beijing is at the forefront of China's financial reform and opening up, and its perfect supporting service measures and open capital environment have attracted a large number of high-quality companies to gather, making the total market value of listed companies in Beijing lead the country." Wang Xin believes that Beijing's capital market service industry is well developed, the number of financial institutions is large and diversified, the number of business formats is rich, the number of securities companies, futures companies and fund management ranks first in the country, and the supporting listed service institutions such as accounting firms, law firms, credit rating agencies, industry consulting institutions and other types are complete. At the same time, Beijing's capital market is highly open and its competitiveness is constantly increasing. Foreign-funded and Sino-foreign joint venture securities firms in Beijing have been approved one after another, and the agglomeration effect of foreign-funded institutions has become increasingly apparent. (Securities Daily)