Mag 7 Got You Down? These Are China’s Largest Tech Companies

China is house to a few of the largest tech firms on this planet, a lot of which could be bought by U.S. traders. These Chinese language shares have lagged behind their U.S. friends lately, however a number of are off to a comparatively sturdy begin in 2025 and should provide compelling worth in comparison with the U.S. tech giants.

To make certain, the continuing commerce struggle between the U.S. and China heightens the danger of investing in China. Whereas lots of the largest firms 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 thought of delisting Chinese language shares listed on U.S. inventory exchanges in response to China’s retaliatory tariffs. 

Some of the well-known Chinese language tech firms is TikTok-parent firm ByteDance. Nonetheless, ByteDance is a personal firm, which implies you received’t be capable of put money into it like you may with publicly traded firms. ByteDance not too long ago had an implied valuation of $315 billion, in keeping with a Reuters report.

Listed here are the ten largest publicly traded Chinese language tech firms. 

10 greatest Chinese language tech firms

Knowledge as of April 9, 2025. Based mostly on at present’s alternate price, 1 U.S. greenback is the same as 7.34 yuan (RMB).

1. Tencent Holdings (TCEHY and 700-HK)

Tencent is a worldwide web and know-how firm that provides a broad vary of companies, together with cloud computing, promoting, fintech, gaming and extra. It operates quite a lot 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 exterior of China.

• Market cap: $236.9 billion
• TTM income: RMB981.8 billion
• YTD returns: 17.2 %

3. PDD Holdings (PDD)  

PDD Holdings operates quite a lot of commerce platforms, together with Pinduoduo and Temu, which is predicated within the U.S. Temu was based in 2022 in Boston and goals to grow to be a worldwide platform that provides high quality merchandise at enticing 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 quite a lot of industries, together with electronics, cars, power and rail transit. BYD is the most important automaker in China and makes solely electrical autos 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 this planet. The corporate additionally operates a shopper web of issues platform that had about 740 million good gadgets linked to it on the finish of 2023, excluding smartphones, tablets and laptops, in keeping with 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 quite a lot of companies corresponding to meals supply, leisure and journey. The corporate was based in 2010 and says its mission is to “assist individuals eat higher, stay 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 cellular and PC video games in China. The corporate additionally operates majority-controlled subsidiaries Youdao, an clever studying firm, and NetEase Cloud Music, a web based 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 corresponding to retail, know-how, logistics, healthcare and extra. The corporate says its retail infrastructure goals to permit customers to purchase no matter they need, every time 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 well-liked with vacationers in Asia and world wide. The corporate operates quite a lot 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 at present considers itself to be a number one AI firm. It additionally operates iQIYI, a web based leisure video service supplier. 

• Market cap: $26.4 billion
• 2024 Income: RMB133.1 billion
• YTD returns: -8.8 %

The way to put money into Chinese language shares

When you’re curious about investing in Chinese language shares, you’ve got just a few completely different choices. You should purchase shares of particular person firms by way of a web based dealer, or you may put money into ETFs that maintain a basket of Chinese language shares. 

Many Chinese language firms have shares that commerce within the U.S., however some could solely be accessible on worldwide exchanges. Chances are you’ll want a particular type of international account together with your dealer to commerce on worldwide exchanges.

Buying China-focused ETFs is usually 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.