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].
PetroChina’s Value Tops $1 Trillion, Surpassing Exxon
Related Post: World’s biggest public companies
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