In September 2008, Forbes Asia ranked the Best performing Asian companies with market capitalizations or reveneue exceeding $5 billon. This year China came ahead of last year’s leader India.
China’s 12 companies are:
–> China Construction Bank
–> China Mobile
–> China Shenhua Energy
–> China Canke
–> Citic Securities
–> Gome Electricial Appliances
–> Gree Electrical Appliances
–> Lenovo Group
–> Sinopec – China Petroleum and Chemicals
–> Sunging Appliance
–> Tingyi Holding
–> STE
India’s companies listed are:
–> Bharat Heavy Electricals
–> Limited
–> Bharti Airtel
–> HDFC Bank
–> Infosys Technologies
–> ITC Limited
–> Mahindra & Mahindra
–> Reliance Industries Limited
–> Tata Steel
–> Wipro
Since the list is from Forbes Asia, American companies are not included. Incidentally just three Japanese companies made the Forbest list: Nintendo, Chiyoda and Yahoo! Japan
