China Top 10 Companies

Rank 2005

Rank 2006

Company

Revenue(US$ Bil)

Market Value (US$ Bil)

1

1

China Petroleum & Chemical

98.98

50.05

2

2

Petro China

68.40

146.48

3

3

China Mobil (HK)

30.10

93.80

4

4

China Telekom

20.97

29.72

11

5

Baoshan Iron & Stell

15.68

8.94

*

6

China Construction Bank

14.44

78.17

25

7

Lenovo Group

13.25

3.36

6

8

China Life Insurance

12.16

23.62

7

9

China Netcom Group (HK)

10.80

10.66

5

10

China United Telecommunications

9.43

7.35

(Source: Fortune Magazine) (Business Time(30/8/06)

Those Chinese companies in the petroleum and telecommunication, financial services industries are farely pretty well.
Some interesting notes:

China Petroleum and Chemical retained its […]

Reported in The Business Time (28/08/06), Vietnam’s ambassador to Malaysia, Nguyen Quoc Dung and former bank governor Cao Si Kiem and others recently gave a talk in KL pertaining to the viability of Vietnam to the potential Malaysian investors.

Append below some noteworthy facts that might be of  interest to some of the Malaysian […]

GO TO MAIN PAGE FOR ALL TOPIC COVERED UNDER FOREIGN EXCHANGE MANAGEMENT 
At the  Network of East Asian Think-Tanks (Neat)’s  meeting chairman Datuk Seri Mohamed Jawhar Hassan advised that a  COMMON currency basket, similar to that used in the European Union (EU), has been proposed for East Asian countries.
 The common currency basket is one of the […]

I have been following up with REITs development in Malaysia in this blog.
Interestingly, many Malaysian companies are now on the bands wagon of establishing REIT as part of their corporate strategy. (Refer to the reasons in my earlier article)

Compared to Singapore, as at 22/8/06, the below statistic showed Singapore has 13 Reits compared to Malaysia […]

An interesting fact on the latest update of Chinese mainland companies listed on the Hong Kong Exchange:
 
Hong Kong Exchange and Clearing Limited (HKEx) said that:

by the end of July, 2006, a total of 351 Chinese mainland enterprises had been listed on the HKEx;
Out of the 351 mainland companies, 272 are listed on the main board […]