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Jiaxing's capital market grows

chinadaily.com.cn| Updated: May 11, 2023 L M S

The total market value of 61 domestically listed companies in Jiaxing, East China's Zhejiang province, had reached 673.5 billion yuan ($97.08 billion) by the end of April, ranking third in the province.

Last year, Jiaxing was home to 11 domestically listed companies, with a record high number of new additions and ranking second in the province in annual increase.

The total revenue of 679 A-share listed companies in the province totaled 4.82 trillion yuan last year.

There were 94 A-share listed companies in the province whose revenue exceeded 10 billion yuan last year, nine of which were located in Jiaxing. A total of 70 A-share listed companies in the province had net profits of more than 1 billion yuan, six of which were from Jiaxing.

On the 2022 list of the top 100 Zhejiang A-share listed companies in terms of revenue, Zhejiang Huayou Cobalt Co Ltd and Tongkun Group in Jiaxing made the top 10 with revenues of 63.03 billion yuan and 61.99 billion yuan, respectively.

Eight companies from Jiaxing were included in the 2022 list of the top 100 Zhejiang A-share listed companies in terms of net profit. China Jushi Group Co Ltd and Hoshine Silicon Industry Co Ltd made the top 10.