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PetroChina becomes world’s biggest company by Market Cap

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This year recorded the biggest opening for a movie ever as Spider-Man 3 (~$60 million), biggest opening for a video game as Halo 3 (~$170 million) and now the biggest opening for a stock market IPO as China’s PetroChina with a market capitalization of $1.1 Trillion!

PetroChina Co. almost tripled on its first day of trading in Shanghai, becoming the world’s first company to be valued at $1 trillion, more than Exxon Mobil Corp. and General Electric Co. combined [next two in the rankings].

arrow_blue_small PetroChina’s Value Tops $1 Trillion, Surpassing Exxon

Related Post: World’s biggest public companies

Written by Piyush Goel

November 5, 2007 at 4:32 pm

Posted in Business, Finance

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    World’s Biggest Public Companies « web pruned by monkeys

    21 Jan 08 at 12:33 pm

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