It did not fare too well after that. PetroChina's market cap hit $1 trillion in 2007 following a successful debut on the Shanghai Stock Exchange on Nov. 5, 2007. PetroChina's Shanghai-listed shares ne... ( read original story ...)
Apple breaches $1 trillion stock market valuation
In 2007, Chinese government-controlled PetroChina (601857.SS) briefly reached a stock market value of about $1.1 trillion following its public listing in Shanghai. It is now worth about $200 billion, ... ( read original story ...)
S&P 500 and Nasdaq rise as Apple tops $1 trillion market cap
Global stock markets fell. The Shanghai Composite and Nikkei 225 dropped 2 percent and 1.03 percent, respectively. In Europe, the Stoxx 600 index fell 0.8 percent. "Investors are flirting with a combi... ( read original story ...)
China’s Stock Slump Deepens on Tariff Concern; Tencent Tumbles
However, I am not that pessimistic about the stock market for August because the downside is limited for the Shanghai Composite Index on the back of solid financial results and relatively low valuatio... ( read original story ...)
Asian stock markets drop, weighed by pullback in China
Asian stocks, after initially holding up Thursday morning following the latest U.S.-China trade developments, started sliding as China’s market opened. China stocks extend the declines of the past wee... ( read original story ...)
China investors flee into money market funds from stocks
Investors look at computer screens in front of an electronic board showing stock information at a brokerage house in Shanghai (file). Chinese investors flocked into money-market products at a rate out... ( read original story ...)
China’s Central Bank Steps Up Effort to Boost Lending
At the same time, losses in Chinese bank stocks this year helped push the Shanghai Composite Index into a bear market. While the benchmark gauge has climbed about 3 percent from its July low, the mark... ( read original story ...)