中上协：1月末上市公司境内股份总市值114.5万亿元 全市场五个板块总市值均创近5年历史新高

Core Insights - As of January 31, 2026, there are 5,484 listed companies in China's domestic stock market, with 2,306 on the Shanghai Stock Exchange, 2,886 on the Shenzhen Stock Exchange, and 292 on the Beijing Stock Exchange [1] - In January, there were 9 new IPOs raising a total of 9.053 billion yuan, predominantly from manufacturing companies [1] - The total market capitalization of listed companies reached 114.5 trillion yuan, with all five market segments achieving a historical high in the past five years [1] Market Dynamics - The number of companies in the top 50 by market capitalization in the electronics, communications, and pharmaceutical sectors has increased to 15, nearly doubling compared to the beginning of the previous year [1] - In January, one company with a market capitalization exceeding 1 trillion yuan was added, along with five companies exceeding 100 billion yuan, and 115 companies exceeding 10 billion yuan [1] - Conversely, there was a reduction of 141 companies with market capitalizations below 5 billion yuan and 45 companies below 2 billion yuan [1] Valuation Metrics - The median market capitalization of listed companies at the end of January was 6.976 billion yuan, reflecting a 7% increase from the previous month [1]