A totalof 34 Shenzhen-based brands made the Brand Finance China 500 list for 2025, which was released during the opening ceremony of the 9th Shenzhen Brand Week on May 9.

Specifically, Tencent from Nanshan District was ranked ninth on the list. Other Shenzhen brands like Ping An, WeChat, and Huawei were ranked 10th, 13th, and 14th, respectively. They were among 109 brands from the Guangdong-Hong Kong-Macao Greater Bay Area included in the list.

Headquartered in London, Brand Finance is the world’s leading brand valuation consultancy. Brand Finance China is responsible for the release of the annual China 500 ranking, which evaluates the strongest and most valuable Chinese brands.

During a speech delivered at the ceremony, Scott Chen, co-founder of Brand Finance China, noted that brand assets, soft power, and the smart economy are reshaping international competitiveness.

Shenzhen, a pioneer in systematic brand-building, is the only Chinese city to sustain brand development efforts for over 20 years, according to the organizers of the event. The Federation of Shenzhen Industries has spearheaded the cultivation and evaluation of renowned brands from Shenzhen.