The Chinese market has almost tripled in value this year as investors clamour for a slice of the world’s fastest growing economy.
And if the shares of PetroChina soar when it lists in Shanghai next week, there’s a chance the Chinese oil giant could become the world’s most valuable quoted company, stealing the crown from ExxonMobil.
For some, this is a natural extension of China’s economic rise. [Full Text]
Is China’s Stock Rally About To Burst? – Katie Hunt
Posted by Xiao Qiang | Oct 31, 2007
Categories : Economy
Tags :PetroChina,stock market