Rubber Duck
16th August 2007, 06:25 AM
BEIJING, Aug. 13 (Xinhua) -- Chinese share prices continued to rise on Monday, with the benchmark Shanghai Composite Index reaching a record high of 4,839.95 points during the morning session before closing at 4,820.06 points, 70.69 points higher than the previous close.
Power supply firms, banks and petrochemical stocks led the advance. Huaneng International, China's largest power supply company, jumped 5.62 percent to 13.73 yuan per share.
The Industrial and Commercial Bank of China (ICBC) rose 6.13 percent to 7.10 yuan per share. As the largest bank in China, the ICBC's market value has surpassed CitiBank and Microsoft, becoming the world's third largest listed company. The Bank of China soared8.61 percent to 6.31 yuan per share....
http://news.xinhuanet.com/english/2007-08/13/content_6523770.htm
Crisis? What Crisis :p
Incidentally that make ICBC, the World's largest bank by capitalisation. The World's two most valuable companies are Exxon Mobil, and General Electric Co.
Power supply firms, banks and petrochemical stocks led the advance. Huaneng International, China's largest power supply company, jumped 5.62 percent to 13.73 yuan per share.
The Industrial and Commercial Bank of China (ICBC) rose 6.13 percent to 7.10 yuan per share. As the largest bank in China, the ICBC's market value has surpassed CitiBank and Microsoft, becoming the world's third largest listed company. The Bank of China soared8.61 percent to 6.31 yuan per share....
http://news.xinhuanet.com/english/2007-08/13/content_6523770.htm
Crisis? What Crisis :p
Incidentally that make ICBC, the World's largest bank by capitalisation. The World's two most valuable companies are Exxon Mobil, and General Electric Co.