PetroChina becomes world's largest listed company

时间：2007-11-05 08:07:23

（单词翻译:单击）

SHANGHAI, Nov. 5 - Shares in PetroChina Company Limited, China's largest oil and gas producer, opened Monday at 48.6 yuan on their first day of trade in the mainland1 A share market, up 191 percent from their IPO price of 16.7 yuan.

 

The price made PetroChina the world's largest listed company by market capitalization. The previous biggest, Exxon Mobil, was valued at 487.7 billion US dollars according to last Friday's share price.

 

PetroChina raised 66.8 billion yuan ($8.9 billion) in Shanghai by selling 4 billion A shares, or 2.18 percent of its expanded share capital, in the world's biggest initial2 public offer (IPO) this year.

 

PetroChina is already listed in Hong Kong and the United States. Its Hong Kong share price was 19.60 HK dollars last Friday.

 
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1 mainland 6AexH     
n.大陆，本土
参考例句：
  • The new bridge will link the island to the mainland.新的桥梁将把该岛与大陆连接在一起。
  • Hong Kong's prosperity relies heavily on mainland.香港的繁荣在很大程度上依赖于大陆。
2 initial r7sxZ     
adj.最初的，开始的，词首的；n.首字母，姓名的开头字母；vt.标注姓名的首字母于
参考例句：
  • After she'd overcome her initial shyness,she became very friendly.她克服了起初的羞怯之后，变得十分友善。
  • The experiments have given initial results eventually.那些试验总算初见成效了。

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