With an estimated worth of $44,700 million, Tencent has been crowned the year’s Most Valuable Chinese brand in a list released by the Hurun Institute, the second consecutive time it has snared top spot.
Taobao, a subsidiary of Alibaba, is second with a brand value of $42,900 million, overtaking China Mobile, Baidu and ICBC.
The total worth of 200 listed brands has risen by 36 percent year-on-year to reach $696 billion, with the top 10 accounting for 46 percent of the total.
Here are the most valuable brands in China.
No 10 ChunghwaBrand value: $16,500 million
Industry: Tobacco
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A promotion for Chunghwa cigarettes is seen at a store in Qiqihar, northeast China's Heilongjiang province, Feb 21, 2010. [Photo/IC] |
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