11 Most Profitable Companies in China

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3. Agricultural Bank of China – $28.8 billion

Agricultural Bank Of China Ltd. is also one of the four-largest banks in China, and is listed on both the Hong Kong and Shanghai Stock Exchanges. The bank came into being in 1951 and today has 320 million retail customers, 2.7 million corporate clients, and nearly 24,000 branches. The bank also made a big bang with a large IPO ranking amongst the top-3 largest IPO valuations ever. The bank operates through its branches in China, Hong Kong, London, Tokyo, New York, Frankfurt, Sydney, Seoul, and Singapore. Last year the bank was caught violating New York State’s anti-money laundering law, for which it agreed to pay a $215 million penalty.

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