The 10 Largest and Most Liquid Chinese Companies

|
 |  Includes: BACHY, CEO, CHL, CICHY, CSUAY, IDCBF, LFC, PTR, SNP, TCEHY
by: David Hunkar

In order to identify the largest publicly-listed Chinese companies I used the S&P/CITIC China 30 index.

This index “covers the largest, most liquid Mainland Chinese companies with listings outside of Mainland China, providing foreign investors exposure to China’s growing economy. The index is representative of listed blue chip Chinese enterprises, and is drawn from the entire universe listed H Shares, Red Chips, P Chips, N Shares and ADRs listed on the Hong Kong, Singapore, New York and NASDAQ stock exchanges, and can be traded without restrictions by all investors.”

The components of S&P/CITIC China 30 index have an avergage market cap of about $11.5B. The top 10 stocks account for about 75% of the market cap share.

The Top 10 components of the S&P/CITIC China 30 index based on market cap are:

1. China Mobile (NYSE:CHL)
Current Dividend Yield: 3.97%

2. Industrial & Commercial Bank of China (OTCPK:IDCBF)
Current Dividend Yield: 3.34%

3. China Life Insurance (NYSE:LFC)
Current Dividend Yield: 0.80%

4. Bank of China (OTCPK:BACHY)
Current Dividend Yield: 4.19%

5. China Construction Bank (OTCPK:CICHY)
Current Dividend Yield: 1.55%

6. CNOOC Ltd (NYSE:CEO)
Current Dividend Yield: 3.26%

7. Petrochina Co (NYSE:PTR)
Current Dividend Yield: N/A

8. Tencent Holdings (OTCPK:TCEHY)
Current Dividend Yield: 0.28%

9. China Petroleum & Chemical (NYSE:SNP)
Current Dividend Yield: N/A

10. China Shenhua Energy (OTCPK:CSUAY)
Current Dividend Yield: 1.78%