Hurun Index: China second in unicorns

According to the "Global Unicorn Index 2026" report, China ranks second worldwide after the United States in the number of "unicorn" companies valued at over a billion dollars, with a total of 381 companies as of early 2026—a growth of 38 companies compared to the previous year. These companies are primarily concentrated in the fields of semiconductors, artificial intelligence, life sciences, and new energy, with China excelling in these sectors compared to the rest of the world. The report also noted that the total number of unicorn companies worldwide reached 1,603, with an overall valuation of 54 trillion yuan, reflecting an annual growth rate of 5.3%.

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