Top 5 the most expensive Chinese brands

Thanks to the Brand Finance annual report, GMOTranding has noticed a significant increase in the cost of Chinese brands, which includes the 500 most expensive brands in the world.
In addition, the cost of Chinese brands included in the Brand Finance Global 500 rating has risen to $ 1.3 trillion. Chinese brands produce 19% of the total value of the top 500.
And now GMOTrading is going to tell you about the top 5 the most expensive brands from China.
China Mobile
Place in worldwide ranking: 15
Market segment: telecommunication
Brand value 2019: $55 670 m
Change in cost: + 4.6%
China Mobile Limited, a Chinese telecommunications company, and this is the largest mobile phone operator in the world. In 2018, the number of subscribers was 899 million.
China Mobile provides mobile services in all provinces and autonomous regions of the PRC, as well as in the Hong Kong Special Administrative Region. Control of China Mobile belongs to the Chinese government (Ministry of Industry and Information Technology).
Ping An
Place in worldwide ranking: 14
Market segment: insurance
Brand value 2019: $57 626 m
Change in cost: + 76,7%
Ping An Insurance is a Chinese insurance group of companies. The group operates in four main areas: life insurance, property insurance, banking services, and asset management.
The main region of activity is the PRC, including Hong Kong and Macao, but it is also represented in other countries, in particular in the USA.
The number of company`s insurance agents exceeds a million people, the number of branches exceeds 5 thousand.
Huawei
Place in worldwide ranking: 12
Market segment: technology
Brand value 2019: $62 278 m
Change in cost: + 63,7%
Huawei Technologies Co. Ltd. Is one of the world's largest telecommunications companies
One more interesting fact, Huawei became the leader in online smartphone sales in Russia, beating Samsung and Apple, In June 2018.
China Construction Bank
Place in worldwide ranking: 10
Market segment: banking services
Brand value 2019: $69 742 m
Change in cost: + 22,8%
China Construction Bank is one of the largest banks in China.
The China Construction Bank network has 14,925 branches in mainland China, as well as 10 branches abroad (in Hong Kong, Singapore, Frankfurt, Johannesburg, Tokyo, Seoul, Sydney, Taipei, New York, and Ho Chi Minh City)
Also, the company has several subsidiary banks, such as CCB Principal Asset Management (CCM), CCB Financial Leasing (CCA Trust), CCB Life (insurance), Sino-German Bausparkasse (Sino-German building society), CCB Asia (Asia), CCB London (branch in Great Britain), CCB Russia (branch in Russia), CCB Dubai (branch in Dubai) and CCB International.
ICBC
Place in worldwide ranking: 8
Market segment: banking services
Brand value 2019: $79 823 m
Change in cost: + 34,9%
CBC is the largest Chinese commercial bank. It is included in the "Big Four" of the largest state-owned banks in China (along with the Bank of China, Agricultural Bank of China and China Construction Bank).
The controlling stake belongs to the government of the PRC through several state-owned investment companies. In addition, ICBC has more than 500 thousand shareholders.
ICBC controls one-fifth of China’s banking sector. The main region of activity is the People’s Republic of China, it accounts for more than 90% of the revenue and assets of the bank.
You can find more information about the stock market and Chinese companies on GMOTrading platform.
The information above cannot be considered as an investment advice and past results do not indicate future performance.
**Investors should have experience and understand the risks of losing all the initial investment

Comments

Post a Comment

Popular posts from this blog

Lightning discounts

Image
The Pentagon’s largest contractor reported that it would be able to reduce the cost of producing its F-35A jet a year earlier than its intended date. The so-called F-35 program works to increase the fleet of fighters to more than 3 thousand units. The program is also aimed at reducing the price of the F-35A fighter to $80 million due to increased efficiency and with large orders. Reducing the cost of the F-35 a year ahead of time allowed the Pentagon to receive a discount of 8.8% on deliveries of 478 fighters for three years. In three years, the agreement will cost the US Department of Defense $34 billion. According to Deputy Secretary of Defense Ellen Lord, the agreement this year will reduce the cost of each F-35A from $89.2 million to $81.35 million. Deliveries for the second and third year of the agreement will be even cheaper - the cost of each fighter will fall below $ 80 million, estimated at Pentagon. In the coming years, Lockheed Martin is expected to produce...
Read more

Natural gas price is a delight for eyes

Image
There is a new era when oil value is higher than gas has. While oil worth keeps lifting, natural gas is gaining momentum in falling. In the second quarter, the exchange prices for natural gas finally broke away from oil prices. While oil prices are on average at a comfortable level of $ 65 per barrel, in Europe the cost of gas on the exchange is at ten years minimum - $ 110 per thousand cubic meters, the value of LNG in Asia is $ 170 per thousand cubic meters. Why did this situation come up? There are at least several roots. The first one, exchange figures, reflect only a part of the international gas trade and LNG. And the same Qatari, Australian LNG is supplied to Asian markets mainly with oil rate. June 20 futures set at 2.185 dollars per million British thermal units, which is on the most decreasing spot for the contract for the first month since 2016. This marked a breakthrough in the range from about 2.30 to 3.60 dollars from January. Thursday futures amounted...
Read more

Samsung showed bending smartphone Fold and new flagships S10

Image
Samsung has presented new devices in San Francisco and has shown the bending Galaxy Fold phone. Models S10 and S10 + received Dynamic AMOLED displays with the same resolution of QuadHD + (3040 × 1440 pixels, 19: 9) and diagonals of 6.1 and 6.4 inches, respectively. Displays are bent on the side faces, but this time almost do not leave any frames at the top and bottom. Galaxy S10 has received two cameras on the front and on the back. The camera on the back of the phone will consist of three modules: a 12-megapixel wide-angle lens, an ultra-wide-angle module for landscape pictures with a resolution of 16 megapixels and a conventional lens with a resolution of 12 megapixels. Galaxy S10e is the most budget model in the line of new flagships. The phone has got a screen of 5.8 inches without curved edges. The smartphone has three cameras, there are 12-megapixel, 16-megapixel on the back cover and 10 MP in front, as well as a battery with a capacity of 3100 mAh. Instead of an u...
Read more