The total market value of Chinese listed Internet firms hit a record high in Q2, according to a report released by China Academy of Information and Communications Technology.
The total value reached 7.24 trillion yuan (about 1.1 trillion U.S. dollars), an increase of 48.7 percent year on year.
The market value of Internet companies that went public on the U.S. stock market accounted for 57 percent of the total market capitalization, followed by firms listed in Hong Kong and the Chinese mainland.
The aggregate market capitalization of China's top 10 listed internet firms rose to 6.27 trillion yuan during the period.
Worldwide, nine Chinese firms ranked among the global largest 30 internet companies in terms of market value. Alibaba and Tencent were among the top 15 Internet firms.
The business income of Chinese Internet firms primarily comes from e-commerce, online games and social networking services.
Magnificent view of Nansha Islands in South China Sea
Aerial view shows scenery in Hong Kong
China builds world’s first offshore fish farm
A Foreigner's Chinese Dream and Love for China
5,000-year-old Chinese beer recipe goes down a storm in US
World's first driverless rail transit system unveiled in Hunan
World's largest cluster of Miao villages in Guizhou
Daily life in Kashgar, China's Xinjiang
Top 10 Chinese tech and engineering marvels
Top 10 most sustainable cities in China
Top 10 European patent applicants in 2016
The power of 'She' in China
Seven most beautiful art museums in China
Liu Xiaobo’s cancer treatment mustn’t be politicized
Forty-two years after merging, are people in Sikkim happy to be Indian? 
Traditional firework maker ignites debate on legal status of customs 
A-share companies in restructure failure Day|Week
