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PetroChina’s Class-A shares almost tripled in their first day of trading on the Shanghai Stock Exchange today, making PetroChina the world’s first $1 trillion company.

PetroChina’s Class-A shares almost tripled in their first day of trading on the Shanghai Stock Exchange today, making PetroChina the world’s first $1 trillion company. At a market capitalization of about $1.1 trillion, the state-owned oil firm is worth more than Exxon Mobile and General Electric combined. (Bloomberg)

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