China became the largest car market in the world in China surpassing the U.S. Just over 40% of all car produced in China are made by domestic automakers such as Geely, Chery, Hafei, BYD, etc. Car production in China started to increase drastically since the late 1990s due to various government incentives that encouraged auto …
The Shanghai Composite Index is down 14.2% YTD compared to a rise of 10.6% for the S&P 500. Chinese stocks have lagged their emerging peers such as India, Brazil, etc. as well this year as investors avoid investments in the country due to fears of a massive bubble. However many Chinese IPOs continue to be …
The demand for coal is rising in Asia especially in China and India. As a result, developed countries that have an abundance of coal deposits are increasing their exports to Asia. In addition, mining companies in Australia, U.S. and others are exploring the possibility of opening new mines to take advantage of the growing demand. …
The graphic below shows the top 10 Chinese companies based on market capitalization in the domestic market as of November 18, 2010: Click to enlarge Source: FT Markets Data Banking and energy firms dominate the list shown above with banks taking five of the ten spots. PetroChina (PTR), the integrated oil and gas producer, has …
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The latest edition of Global Finance magazine lists the top Chinese companies and banks in various categories. These top ranked firms are shown below: a) Stars of China – Banks [TABLE=662] b) Stars of China – Companies [TABLE=663] Some of the key points mentioned in the Global Finance report include: China Merchants Bank’s (CIHKY) retail …
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