PetroChina Company Limited ADR (PTR)

[frenchee]

Another sign of the times -- PetroChina surpassed GE as the world’s second largest company yesterday. PetroChina stock has gained 13% in the last five months, catapulting the company’s net worth to $434 billion, well past GE’s $420 billion. Asia’s biggest company is now second only to Exxon Mobil.

Exxon’s market cap is estimated at $518 billion… In the context of Chinese growth over the past year, we wouldn’t be too surprised if PetroChina topped the list in the near future