深圳重磅！市值超19万亿元！

Core Insights - Shenzhen has reached 600 listed companies with a total market capitalization exceeding 19 trillion yuan, showcasing its commitment to innovation and high-quality development [1] - The number of Shenzhen's domestic listed companies has grown by 35.03% during the 14th Five-Year Plan period, with a total market value of 12.59 trillion yuan as of October 2025, accounting for over 10% of the total market value of A-share listed companies [2] - Shenzhen's listed companies are leading in technological innovation, with over half of the companies on the ChiNext and Sci-Tech Innovation Board focusing on high-tech sectors [3] Group 1: Company Growth and Performance - Shenzhen's listed companies contributed over 20 billion yuan in taxes in the last five years and over 35 billion yuan in the last decade, supporting regional employment with over 4 million employees [2] - In the first three quarters of 2025, Shenzhen's listed companies achieved a total revenue of 5.20 trillion yuan and a net profit of 457.8 billion yuan, with revenue growth of 7.36% and net profit growth of 3.98%, surpassing the national average [2] - There are 20 companies in Shenzhen with a market value exceeding 100 billion yuan, with 8 of them forecasting positive earnings for 2025, totaling an expected profit of 253.9 billion yuan [2] Group 2: Technological Innovation - Shenzhen's listed companies are focusing on technological innovation, with 216 companies on the ChiNext and Sci-Tech Innovation Board, representing over half of the total, the highest among major cities in China [3] - The R&D intensity of 162 strategic emerging industry companies in Shenzhen is as high as 7%, with BYD leading with over 54 billion yuan in R&D investment [3] - Notable advancements include Hanon Medical's development of China's first ECMO system, which received EU MDR certification, and the successful R&D of key components for humanoid robots by Huichuan Technology [3][4] Group 3: Capital Market Innovations - Shenzhen companies are leveraging capital market innovations, with several becoming the first in their respective fields to list, such as Beixin Life, the first medical device company under the new Sci-Tech Innovation Board standards [6] - The city has seen a rise in "first stocks" in niche markets, contributing fresh capital to the market while meeting their financing needs [6] - Upcoming listings include Yingstone Innovation, expected to be the first global smart imaging company, and Youbixuan, a humanoid robot company, indicating a strong pipeline of innovative firms [6][7] Group 4: Future Prospects - Shenzhen has cultivated a robust pipeline of quality tech companies poised for future listings, with high-tech products like drones and 3D printers showing significant export growth [8][9] - The export of high-tech products from Shenzhen is projected to grow by 10.1% in 2025, driven by innovative products from companies like DJI and others [9]