By 2025, there will be one company with a market value of over one trillion and 44 companies with a market value of over one hundred billion.

On January 28, the China Securities Association released the December 2025 monthly report. As of December 31, 2025, there were a total of 5477 listed companies in the domestic stock market, with 2302, 2887, and 288 companies listed on the Shanghai, Shenzhen, and Beijing stock exchanges respectively. In terms of share types, there were 5229 companies that issued only A shares, 241 companies with multiple share types like A+H and A+B, and only 7 companies that issued B shares. Based on the closing price at the end of 2025, the total market value of domestic shares of listed companies reached nearly 109 trillion, the highest point at the end of each month in the past 5 years. Among them, the market share of the hard technology industry such as optical modules and chips has increased further, with companies like Zhongji Xuchuang and Cambricon entering the top ten market values of privately-owned listed companies, with a market value increase of over 100% during the year. In 2025, there was 1 new company with a market value of over one trillion, 44 new companies with a market value of over one hundred billion, and 427 new companies with a market value of over ten billion, while 379 companies with a market value of less than 20 billion decreased. At the end of 2025, the median market value of listed companies was 65.08 billion, an increase of nearly 30% compared to the previous year.