PetroChina to regain global market value throne

Source: Internet
Author: User
Keywords Stock price Mobil
Tags analysts a-share market closed closing closing price company economic economic recovery
Most of the people vs the most valuable, the controversy over the world market value of PetroChina regain the throne after 1.5 of the time, PetroChina picked up the world's first crown of market capitalisation.  As of yesterday, PetroChina's a A shares, although a fall of 0.08% closed, but to 13.1 yuan/share of the closing price, still more than Exxon Mobil, the world's most valuable company. PetroChina's shares have risen about 30% per cent since this year. Recently, the acquisition of Singapore Oil nearly half of the stake, as well as oil price expectations of two big positive push, PetroChina was analysts bullish. Some analysts believe that, in the global economic recovery and the expected inflation factors, the PetroChina A-shares will likely be further amplified, PetroChina's future share price is expected to return to 20 yuan. And these days the performance of oil, also let people see the role of its protective disk.  The Monday, PetroChina early volume rise, rebound from the bottom, to rise 1.87% close, become the backbone of pulling the market turned red, and yesterday, the oil and the market also maintained a highly unified pace. "Ask you can have how much worry, just like full warehouse in oil", November 2007 PetroChina return a A-share, on the first day of listing on the world's first market capitalisation of the company's throne, but then the share price fell continuously, became a a-share investors were "set" the most listed companies, Many investors use such a parody to describe the hands of the same as the chicken oil A-share. After falling to 9.71 yuan in the trough, as the market began to rebound, PetroChina also maintained a volatile pattern, until this May began to skyrocket. According to the Securities daily statistics, only May, PetroChina's a-share market value increased by 209.1 billion yuan, the highest price of May 21, 13.46 Yuan, PetroChina's a-share market value was once as high as 2.18 trillion yuan. The recent performance of PetroChina's H shares has also allowed Hong Kong energy industry experts to see that "if you choose energy stocks, you will buy Chinese oil giants", "China's fuel demand is growing, while demand in North America and Europe is falling." "The data show that PetroChina's reserves overtook Exxon Mobil last year and the latter's reserves fell by 3%, making it a choice to continue to hold PetroChina stocks."  Buffett's Berkshire Hathaway last week vetoed a move to sell PetroChina shares. However, the real market value of the PetroChina shares is disputed, and if CNPC takes a A-share share price as the benchmark, it does surpass Exxon, the second-largest listed company, but its a-share is not fully circulated and the H-share price is only half that of Exxon.  In Friday, the PetroChina shares issued a dividend announcement that its dividend hit a three-year low, the rate of return is even lower than bank deposits, which also allows investors to the PetroChina, the "most profitable company," the title of the question.  News link PetroChina's market capitalisation again, according to foreign media reports, as of 25th, China's oil market value of more than Exxon Mobil Oil, the world's highest market capitalisation again. PetroChina's A-shares market capitalisation of $336.4 billion has overwhelmed Exxon Mobil's total market capitalisation of $335.9 billion. According to the Legal Evening News"The world's top five market capitalisation companies ranked market value (billion U.S. dollars) PetroChina 3364.2 Exxon Mobil 3359.3 ICBC 2079.4 Wal-Mart 1927.5 China Mobile 1896
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