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)
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
SUBSCRIBE & SAVE
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
