Hurun Report 2007 Most Valuable Chinese Brands
| Rank | Brand | Brand Value US$m | % of Market Cap | Industry | Head Office |
| 1 | China Mobile | 37,000 | 20% | telecom | Beijing |
| 2 | ICBC | 21,000 | 9% | financial services | Beijing |
| 3 | Bank of China | 15,500 | 9% | financial services | Beijing |
| 4 | CCB | 11,000 | 8% | financial services | Beijing |
| 5 | China Life | 9,000 | 6% | financial services | Beijing |
| 6 | Agricultural Bank of China | 8,000 | 6% | financial services | Beijing |
| 7 | China Telecom | 5,000 | 12% | telecom | Beijing |
| 8 | Huawei | 3,640 | 14% | telecom | Guangdong |
| 9 | China Merchants Bank | 3,500 | 10% | financial services | Guangdong |
| 10 | Bank of Communications | 3,450 | 7% | financial services | Shanghai |
| 11 | Ping An | 3,180 | 7% | financial services | Guangdong |
| 12 | Wuliangye | 3,100 | 25% | alcohol | Sichuan |
| 13 | Moutai | 2,600 | 23% | alcohol | Guizhou |
| 13 | China Citic Bank | 2,600 | 5% | financial services | Beijing |
| 15 | China Unicom | 2,550 | 14% | telecom | Beijing |
| 16 | Wahaha | 1,870 | 24% | beverages | Zhejiang |
| 17 | China Netcom | 1,690 | 10% | telecom | Beijing |
| 18 | CCTV | 1,660 | 15% | media | Beijing |
| 19 | Suning | 1,620 | 25% | retailer | Jiangsu |
| 20 | Mengniu | 1,330 | 30% | beverages | Inner Mongolia |
| 21 | Haier | 1,300 | 29% | consumer electronics | Shandong |
| 22 | GoMe | 1,210 | 25% | retailer | Beijing |
| 23 | Minsheng Bank | 1,010 | 6% | financial services | Beijing |
| 24 | China Industrial Bank | 970 | 5% | financial services | Fujian |
| 24 | Air China | 970 | 10% | air transportation | Beijing |
| 26 | Li-ning | 940 | 40% | apparel | Beijing |
| 27 | Quanjude | 820 | 45% | restaurants | Beijing |
| 28 | 810 | 14% | internet services | Guangdong | |
| 29 | Lenovo | 790 | 25% | computer | Beijing |
| 30 | Pudong Development Bank | 780 | 5% | financial services | Shanghai |
| 31 | Vanke | 750 | 8% | real estate | Guangdong |
| 32 | Tsingtao | 700 | 25% | alcohol | Shandong |
| 32 | Alibaba | 700 | 14% | internet services | Zhejiang |
| 34 | Country Garden | 650 | 6% | real estate | Guangdong |
| 35 | ZTE | 580 | 10% | telecom | Guangdong |
| 36 | Midea | 530 | 23% | consumer electronics | Guangdong |
| 37 | Synear | 490 | 30% | food | Henan |
| 38 | Yili | 480 | 24% | beverages | Inner Mongolia |
| 39 | Zhonghua | 440 | 20% | tobacco | Shanghai |
| 40 | Huiyuan | 420 | 24% | beverages | Beijing |
| 40 | Changyu | 420 | 13% | alcohol | Shandong |
| 42 | Yurun | 400 | 23% | food | Jiangsu |
| 42 | Gree | 400 | 20% | consumer electronics | Guangdong |
| 42 | China Overseas Property | 400 | 4% | real estate | Guangdong |
| 45 | TCL | 390 | 23% | consumer electronics | Guangdong |
| 45 | Bosideng | 390 | 30% | apparel | Jiangsu |
| 47 | China Southern Air | 360 | 10% | air transportation | Guangdong |
| 47 | Bright Dairy & Food | 360 | 24% | beverages | Shanghai |
| 49 | Hisense | 350 | 20% | consumer electronics | Shandong |
| 49 | Changhong | 350 | 20% | consumer electronics | Sichuan |
The ‘Hurun Report 2007 Most Valuable Chinese Brands’ measures the brand equity of China’s top fifty brands. Hurun Report’s ranking takes into account a combination of financial data – to calculate the present value of the earnings that the brand is expected to generate in the future – and consumer research. It is the first ranking to include both listed and non-listed companies. As part of its continued focus into China’s private sector, Hurun Report expanded its research to produce a list of the fifty Most Valuable Privately-Held Chinese Brands, brands that have been built up without the strong background of the government.
Consumer perception of a brand is a key input in determining brand value because brands are a combination of business performance, product delivery, clarity of positioning, and leadership. Hurun Report measured consumer perception by a combination of an online survey of 709 Chinese consumers’ brand preferences carried out by GMI, a global market research software company, and the number of times a brand was searched for on Baidu, the leading Chinese language Internet search provider, over a nine month period between June 30, 2006 and April 18, 2007. Hurun Report ranked the average of the results of these two consumer surveys on a basis of 5 (high brand recognition) to 1 (least recognition).
As the distribution networks of companies mature, so the equity of a brand begins to come into its own. In a market with a “middle-class” – earning at least US$2,500 per year – of between one hundred and three hundred million people, a figure that is expected to grow to between 400 and 600 million people by 2015, expect to see the value of these Chinese brands continue to grow in leaps and bounds.
Further Analysis
- Hurun Report 2007 Most Valuable Chinese Brands
- Hurun Report 2007 Most Valuable Privately-held Chinese Brands

