Top-5 most profitable Chinese companies


The banking sector is still one of most profitable sectors in the People's Republic of China and bigger part of richest Chinese companies are banking institutions. Among the top-500 local organizations` profit, 43,4% belongs to banks. GMO Trading has prepared information about top-5 most profitable Chinese companies, enjoy!  

5th place  

China Development Bank is ranked fifth place in our list, the company`s surplus is 112,39 bn yuan. This financial organization is one of three political Chinese banks and it is in charge of raising finance for great infrastructure projects.  

4th place  
  
Bank of China is the next bank in our rating which takes fourth place in the top-5. The financial institution has 174,41 bn yuan profit and the headquarters in Beijing. The main activity of it is a commercial banking which amounted to 90% of operating profit in 2017.  

3rd place   

Agricultural Bank of China (192,96 bn yuan profit) is one of the biggest banks in the PRC and around the world. It`s headquarter is located in Beijing. The big organization has near 23 600 offices in China and 19 700 operating offices, also the bank has eight offices and two representations outside the mainland part of the country.  

2nd place  

China Construction Bank which has profit approximately 242,3 bn yuan is one of the greatest banks in the People's Republic of China. Its network consists of 14 925 offices in the continental part of China. Also, the organization has 10 branches outside of the country: in Hong Kong, Singapore, Frankfurt, Johannesburg, Tokyo, Seoul, Sydney, Taipei, New York, and Ho Chi Minh City. It is also worth noting a list of subsidiaries.  

1st place  

Industrial and Commercial Bank of China is placed first on our list. It is the part of the four biggest banks of China and was founded in 1984, after that the bank was transformed into a limited liability company. The financial organization hold an IPO in 2006 and raised record-high $22 bn. The bank`s profit is more than 286 bn yuan.  

 It may be added that, you can trade any shares on our site and get a great profit! 
  

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