第一财经·2025-08-30 15:14Core Viewpoint - The article discusses the expansion of the "trillion market value club" in A-shares, highlighting the emergence of 13 companies with a market value exceeding 1 trillion yuan, reflecting the growth and strength of the Shenzhen market and its companies [3][4]. Group 1: Market Overview - As of August 29, 2025, the A-share market has 13 companies with a market value exceeding 1 trillion yuan, including major state-owned banks and other significant enterprises [3][5]. - Shenzhen has become a hub for these high-value companies, with four of them headquartered there, showcasing the city's robust industrial and financial sectors [4][6]. Group 2: Company Performance - Industrial Fulian's market value reached 1.07 trillion yuan, marking its first time surpassing this threshold, with a significant stock price increase of over 120% since July [8]. - BYD achieved record production and sales in 2024, with revenues of 77.71 billion yuan and net profits of 40.25 billion yuan, while also surpassing Tesla in revenue for the first half of 2025 [9][10]. - China Merchants Bank and Ping An Insurance reported market values of 1.09 trillion yuan and 1.03 trillion yuan, respectively, with both companies showing resilience in their financial performance despite market challenges [10]. Group 3: Shenzhen's Economic Landscape - Shenzhen's financial sector is a key driver of its economy, contributing approximately 12.8% to the GDP, with significant growth in financial services [13]. - The city has a high concentration of technology and growth-oriented companies, with over 50% of its listed companies being in the tech sector, which has attracted substantial investment [14][16]. - Shenzhen's government actively promotes the listing of companies, implementing policies to enhance the support for businesses aiming for public offerings [16][17].