The latest ranking of the stocks on the Chinese mainland stock markets based on their circulation market values was released by China.org.cn on July 31, 2013.

The circulation market value refers to a stock's total value in circulation and equals the number of the stock available for circulation multiplied by the stockprice.

Based on the closing prices as of July 30, 2013, the stock with the highest circulation market value on the Shanghai and Shenzhen Stock Exchanges was Petrochina, followed by Industrial and Commercial Bank of China and Agricultural Bank of China.

Following are the top 10 stocks with the highest circulation market values in China.

Kweichow Moutai [mlbd.cn]

Stock code: 600519

Latest stock price: 168.43 yuan ($27.46)

Turnover: 42,113.97 lots

Circulation market value: 174.86 billion yuan ($28.52 billion)