Best Companies 2011: Hong Kong

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Sunday, November 20, 2011

Google News: Samsung Galaxy Nexus a Major Android Smartphone Upgrade

Samsung Galaxy Nexus a Major Android Smartphone Upgrade

ABC News - ‎5 hours ago‎

Models display the Samsung Galaxy Nexus smartphone, running Google Inc.'s Ice Cream Sandwich Android operating system, in Hong Kong, Oct. 19, 2011.

Google Nexus S vs HTC Desire HD vs iPhone 4 vs Samsung Galaxy S The Palestine Telegraph

Galaxy Nexus, Android.com and Google Music show "beauty" PopHerald.com

See all 439 sources »

Browse all of today's headlines on Google News

Monday, October 3, 2011

Lisa Stelly

Lisa S. (born as Lisa Selesner on May 26[1]) is a Channel V veejay[2][3] and an international model based in Hong Kong.[4]
She was born in Monaco to a French-Chinese father who is currently the president of Caesar Palace,Gary and Jewish American mother, but grew up in New York where she was talent-scouted to be a model at age 14.[4]
S grew up in the United States.[4] She began modeling at age 14.[3] She shortened her Selesner surname to S because, she said, after moving to Hong Kong in 2000, 'no one could pronounce it'.[4] In Hong Kong she became a top model who lent her exotic looks to fashion catwalks and appeared in advertisements for brands like Citibank, DeBeers diamonds, and Olay skincare.[4] She has been described as a "bewitching designer-clad international model."[3] She loves to travel.[3] She hosted a lifestyle programme on TV in Hong Kong.[3] She also starred in three Hong Kong movies: Silver Hawk (2004), Rob-B-Hood (2006) and A Mob Story (2007). She and her boyfriend have sometimes been involved in controversies where paparazzi photographers with telephoto lenses allegedly took pictures of them inside their home and published these pictures; one newspaper reported that they were "infuriated" over this invasion of privacy.[5]
On April 6, 2010, Lisa S. wed Daniel Wu in South Africa.[6]

Asia Television Limited (亞洲電視有限公司)

Asia Television Limited (Chinese: 亞洲電視有限公司) is one of the two free-to-air television broadcasters in Hong Kong, the other being rival Television Broadcasts Limited (TVB). It launched in 1957 under the name Rediffusion Television as the first television station in Hong Kong. It was bought out, renamed, and restructured to "Asia Television Limited" in 1982.
ATV currently operates six channels: the 24-hour ATV Home channel in Cantonese; the 22-hour ATV World channel in English; the 24-hour Cantonese satellite channel ATV Home (America), which is accessible in North America via satellite, and three digital DMB-T/H channels: aTV Asia, a 24-hour high-definition channel; CCTV-1, the international channel of China Central Television, China.
Prior to 1 April 2009, the following DMB-T/H channels were in operation: News & Business, a 24-hour news and finance news channel; His TV, a 24-hour sports and infotainment channel aimed at men; Her TV, a 24-hour lifestyle infotainment channel aimed at women; Plus TV, a 24-hour documentary channel; and HDTV, a 24-hour high-definition channel.
In 2002, ATV gained approval from China's State Administration for Radio, Film and Television to beam its Home and World channels to the Guangdong Pearl River Delta region. ATV has also established a close relationship with Guangdong TV to ensure their stable cooperation in programme productions, advertising, and sales.
ATV has received numerous awards for its programmes. One of its successes is the local version of Who Wants to Be a Millionaire? (百萬富翁), a game show originally launched in the United Kingdom in 1998. In 2001, ATV bought the production rights for the Hong Kong market and subsequently enjoyed an upturn in its viewing figures. TVB responded by producing similar game shows.
Contents [hide]
1 History and ownership
1.1 Early years
1.2 Ownership shift
2 Location
3 News operation
4 Programming
4.1 Programmes on ATV Home
4.2 Drama series
4.3 Programmes on ATV World
5 Slogans over the years
5.1 Rediffusion era
5.2 Asia Television era
5.3 aTV era
6 ATV Training Institute
7 Licence
8 Major competitor
8.1 Actor crossovers
8.2 Current ATV personalities
8.3 Past ATV personalities
9 Criticism
9.1 Falling figures
9.2 Controversy and bias
10 See also
11 References
12 External links
[edit]History and ownership

[edit]Early years
Rediffusion Television, the predecessor to ATV, began as a wired radio broadcasting service in 1949.[1] The original office was located on Arsenal Street and Hennessy Road. It launched its subscription-based TV service on 29 May 1957. In 1959, Refiffusion was moved to the offices that was occupied by Fortis Bank Tower.
In 1962, Typhoon Wanda passed over Hong Kong, resulting in hundreds of deaths. Following the passage of Wanda, Rediffusion broadcast the first-ever fund-raising special as a result. The first televised artiste course broadcasted was in 1966 under the title, "Ying Li's voice."
In October 1968, new shows were broadcast on Rediffusion, including variety, sports, and other leisure of interest that attracted more viewers. The most notable show at that time was "Master Q".
Rediffusion was given a free-to-air television broadcasting license in 1973 by the Hong Kong Government. This comes after the government had switched to using the wireless television, which Rediffusion was one of two (currently four) free-to-air stations (the other is TVB). It has remained this way as of 2010.
In 1976, the Hong Kong government introduced a new lottery system that was broadcast twice a week on Rediffusion. The first host of that show was Xia Chunqiu.
[edit]Ownership shift
In 1981, Rediffusion in the UK sold 61% of its shares in RTV to an Australian consortium. In July 1982, a Chinese enterprise called Far East Group (遠東機構), owned by the Chiu family, took a stake in the company, such that Far East Group and the Australian consortium each held 50% of RTV's shares. The move marked the first time that a Chinese enterprise had played a role in RTV. RTV was renamed "Asia Television" later in the same year.[2]
The company that operated ATV frequently recorded losses, and in January 1984, following the withdrawal of the Australian enterprise, the Chiu family bought all of the shares.
In August 1987, the shares of ATV were put up for sale. One year later, Asia Television Limited, the Lam family (led by Lim Por Yen), and the New World Group each owned one-third of the shares. At that time, the members of Board of Directors included Deacon Chiu (邱德根), Lim Por-yen, and Cheng Yu-tung.
On 30 January 1989, the Chiu family sold its shares of ATV to New World Group and Lai Sun Group (麗新集團) for HK$237.5 million. The New World Group held half of the shares, while the Lam family owned one-third and Lai Sun held one-sixth. At the same time, Sociedade de Turismo e Diversões de Macau (STDM) joined as a minority shareholder. As announced by the Board of Directors, the new Chairman was Cheng Yue-tung and the Vice-Chairman was Lim Por Yen. The Administrative Director was Selina Chow.
In November 2002, Lai Sun Development, which was heavily indebted following the HK$7 billion acquisition of the Furama Hotel at the height of the property bubble in 1997, announced that it would sell its 32.75% stake to the company's chief executive, Chan Wing-kee (陳永棋), for HK$360 million in cash.[3]
In June 2007, Chan, along with Liu Changle (劉長樂), chairman of Phoenix Satellite Television Holdings Limited, established a company that later bought most of ATV's shares. Afterwards, Chan Wing-kei took the post of Administrative Director General. With the change of shareholder, there was innovation in the direction of production, marketing strategy, and human resources. One of the significant changes is the increasing purchase of foreign programmes, such as the South Korean Drama Autumn in My Heart/Endless Love (藍色生死戀).
In December 2008, City Telecom chairman Ricky Wong Wai Kay was assigned as new the chief executive. While former PCCW deputy chairman Linus Cheung Wing-lam becomes executive chairman.[4] After just 2 weeks Ricky Wong resigned from his position due to many factors.[5] In early 2009, Taiwanese billionaire Tsai Eng-meng (蔡衍明) signed a preliminary agreement to become a key shareholder of Alnery, a company that controls 47.58% of ATV.[6] Tsai has agreed to inject HK$1 billion in the form of convertible bonds.[7] Tsai and Payson Cha have since debated over control of the station.[8]
[edit]Location

In July 2007, ATV left its long-time home at 81 Broadcast Drive in Kowloon Tong and moved into a new facility in Tai Po. The original home was demolished in 2008-2009 and is now a residential development.
The Tai Po production facilities cover 550,000 square feet (51,000 m2) and is three times larger than the old facilities on Broadcast Drive. The Tai Po facilities have four news studios, eight variety show and drama studios and a range of digital broadcasting facilities. The largest studio covers 20,000 square feet (1,900 m2).[9] The new HQ is the former site of the Lee Kum Kee's Hong Kong headquarters and factory operations in Hong Kong.

Former ATV Building on Broadcast Drive

Former ATV studio building in Ho Chung, Sai Kung Town

Current ATV Building in Tai Po Industrial Estate, Tai Po

[edit]News operation

ATV News vehicle
Main article: ATV News
ATV News is the news gathering arm of ATV. It produces daily newscasts in Cantonese, Mandarin, and English, which are seen on its Home, World, and News & Business Channels. Additional foreign news coverage is provided by CNN and CBS. The station has long been recognized as pro-Beijing.[4]
[edit]Programming

ATV broadcasts a range of television programmes, including news, infotainment, drama, and variety shows. In addition to producing its own shows, ATV has acquired popular TV programmes from overseas markets to cater to changing audience tastes. Of note, ATV has bought in popular TV dramas from South Korea and Mainland China for broadcast in prime time.
[edit]Programmes on ATV Home
ATV has produced numerous classic TV dramas, including Crocodile Tears (鱷魚淚), Fatherland (大地恩情), The Legendary Fok (霍元甲), Central Affairs I and II (情陷夜中環), and Reincarnated (天蠶變). Recent productions of note include The Pride Of Chao Zhou (我來自潮州), Who is the Winner? (勝者為王), Who is the Winner?! 2: King of Green Bat, King Of The Gambler (千王之王重出江湖), and The Good Old Days (再見艷陽天).
In recent years, ATV has created and hosted certain large-scale award shows. The most well-known would probably be The Annual Most Popular TV Commercial Awards (十大電視廣告頒獎禮).
Other infotainment programmes like Stories From Afar (尋找他鄉的故事) ranked highly in the Appreciation Index Survey Best Television Awards (香港電視節目欣賞指數), as reflected by a public review.
Some ATV programmes, such as the entertainment news show Hong Kong Today (今日睇真D) and Who Wants To Be A Millionaire? (百萬富翁), have proved particularly popular, prompting local rival TVB to offer similar fare.
Asia Television used to air the British Science Fiction Programme Doctor Who and were responsible for returning one of their copies to the BBC, when BBC Enterprises wiped many Doctor Who serials in the 1970s. The Tomb of the Cybermen returned in late 1991.
[edit]Drama series
A list of drama series produced by ATV:
1993: Shanghai Godfather II (再見黃埔灘 II 之再起風雲)
1994: Bays Of Being Parents (可憐天下父母心)
1994: Beauty Pageant (ATV) (鳳凰傳説)
1994: Secret Battle Of The Majesty (君臨天下)
1994: Outlaw Hero (法外英雄)
1995: Vampire Expert (殭屍道長)
1995: Pao Qingtian (a.k.a. Judge Bao) (包青天之公正廉明)
1995: Fist of Fury (精武門)
1996: The Little Vagrant Lady (飃零燕)
1996: King Of Gamblers (千王之王重出江湖)
1996: Vampire Expert II (殭屍道長II)
1996: Tales From The Dorms (坊間故事之甘戴綠頭巾)
1996: The Little Vagrant Lady II (飃零燕 II 之孤星淚)
1997: Year Of Chameleon (97 變色龍)
1997: Coincidentally (等著你回來)
1997: Pride Of Chaozhou (我來自潮州)
1997: Gold Rush (著數一族)
1998: Thou Shalt Not Cheat (呆佬賀壽)
1998: The Heroine of the Yangs (穆桂英大破天門陣)
1998: Heroine Of The Yangs II (穆桂英 II 十二寡婦征西)
1998: I Come From Guangzhou (我來自廣州)
1998: My Date with a Vampire (我和殭屍有個約會)
1999: Ten Tigers of Canton (廣東十虎) co-produced with the Sanlih Network from Taiwan
1999: Flaming Brothers (縱橫四海)
2000: My Date with a Vampire 2 (我和殭屍有個約會II)
2000: Showbiz Tycoon (影城大亨)
2001: To Where He Belongs
2001: Healing Hearts (俠骨仁心)
2002: Mission In Trouble (雄心密令)
2004: Asian Heroes (亞洲英雄)
2004: My Date with a Vampire 3 - the Eternal Legend (我和殭屍有個約會III之永恆國度)
2005: Central Affairs (情陷夜中環)
2006: Central Affairs 2 (情陷夜中環 2)
2006: Walled Village (大城小故事)
2006: Relentless Justice (AKA No Turning Back) (義無反顧)
2006: Fox Volant of the Snowy Mountain (雪山飛狐)
2008: Flaming Butterfly (火蝴蝶)
2010: The Men of Justice (法網群英)
2010: Who's the Hero (勝者為王)
2010: Hong Kong Go Go Go (香港GoGoGo)

Agricultural Bank of China

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Agricultural Bank of China Limited (ABC, simplified Chinese: 中国农业银行股份有限公司; traditional Chinese: 中國農業銀行股份有限公司; pinyin: Zhōngguó Nóngyè Yínháng), also known as AgBank, is one of the "Big Four" banks in the People's Republic of China. It was founded in 1951, and has its headquarters in Beijing. It has branches throughout mainland China, Hong Kong, London, Tokyo, New York, Frankfurt, Sydney, Seoul, and Singapore.
ABC has 320 million retail customers, 2.7 million corporate clients, and nearly 24,000 branches. It is China's third largest lender by assets. ABC went public in mid-2010, fetching the world's biggest ever initial public offering (IPO).[1] As of 2011, it ranks 8th among the Top 1000 World Banks,[2] meanwhile Forbes Global 2000 named it the 25th-largest public company in the world.[3][4]
Contents [hide]
1 History
2 2010 initial public offering
3 See also
4 References
[edit]History

After the establishment of the People's Republic of China in 1949, ABC has been formed and abolished several times. In 1951, two banks of the Republic of China, Farmers Bank of China and Cooperation Bank, merged to form Agricultural Cooperation Bank, which ABC regards as its ancestor. However, the bank was merged into People's Bank of China, the central bank in 1952. The first bank bearing the name Agricultural Bank of China was founded in 1955, but it was merged into the central bank in 1957. In 1963 the Chinese government formed another agricultural bank, and it was also merged into the central bank two years later. Today's Agricultural Bank of China was founded in February 1979. It was restructured to form a holding company called Agricultural Bank of China Limited.[5] It was listed on the Shanghai and Hong Kong stock exchanges in July 2010.[6]
In April 2007 ABC was the victim of the largest bank robbery in Chinese history. This occurred when two vault managers at the Handan branch of the bank in Hebei province embezzled almost 51 million yuan (US$7.5 million).[7]
[edit]2010 initial public offering

ABC was the last of the "big four" banks in China to go public. In 2010, A shares and H shares of Agricultural Bank of China were listed on the Shanghai Stock Exchange and the Hong Kong Stock Exchange respectively. Each share was set to cost between 2.7RMB and 3.3RMB per share.[8] H shares were set to cost between HK$2.88 and HK$3.48 per share.[9] The final share price for the IPO launch was issued on July 7, 2010. On completion in August 2010 it became the world's biggest initial public offering (IPO) surpassing the one set by Industrial and Commercial Bank of China in 2006 of US$21.9 billion.[10]
ABC raised US$19.21 billion in an IPO in Hong Kong and Shanghai on July 6, 2010, before overallotment options were exercised.[11] On August 13, 2010, ABC officially completed the world's largest initial public offering, raising a total of $22.1 billion after both Shanghai and Hong Kong's over-allotments were fully exercised.[12][13] The IPO was once thought to be able to raise US$30 billion, but weaker market sentiment dampened the value.[14]
CICC, Goldman Sachs, and Morgan Stanley led the Hong Kong offering, with JPMorgan, Macquarie, Deutsche Bank and ABC's own securities unit also involved. CICC, Citic Securities, Galaxy and Guotai Junan Securities handled the Shanghai portion. ABC sold about 40% of the Shanghai offering to 27 strategic investors including China Life Insurance and China State Construction. They are subject to lock-up periods of 12–18 months. Eleven cornerstone investors were selected for its Hong Kong share offering, including Qatar Investment Authority and Kuwait Investment Authority, taking a combined $5.45 billion worth of shares.[15]

Chinese Stocks

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The Shanghai Stock Exchange (SSE) (simplified Chinese: 上海证券交易所; traditional Chinese: 上海證券交易所; pinyin: Shànghǎi Zhèngquàn Jiāoyìsuǒ), abbreviated as 上证所/上證所 or 上交所, is a stock exchange that is based in the city of Shanghai, China. It is one of the two stock exchanges operating independently in the People's Republic of China, the other is the Shenzhen Stock Exchange. Shanghai Stock Exchange is the world's 5th largest stock market by market capitalization at US$2.7 trillion as of Dec 2010.[1] Unlike the Hong Kong Stock Exchange, the Shanghai Stock Exchange is still not entirely open to foreign investors [2] due to tight capital account controls exercised by the Chinese mainland authorities.[3]
The current exchange was re-established on November 26, 1990 and was in operation on December 19 of the same year. It is a non-profit organization directly administered by the China Securities Regulatory Commission (CSRC).
Contents [hide]
1 History
1.1 Chronology
2 Structure
3 Market Performance
3.1 Trading Summary for 2007
3.2 Indices
4 SSE's Top 10 Largest Stocks
5 Listing Requirements
6 See also
6.1 Lists
7 References
8 External links
[edit]History

The formation of the International Settlement (foreign concession areas) in Shanghai was the result of the Treaty of Nanking of 1842 (which ended the First Opium War) and subsequent agreements between the Chinese and foreign governments were crucial to the development of foreign trade in China and of the foreign community in Shanghai. The market for securities trading in Shanghai begins in the late 1860s. The first shares list appeared in June 1866 and by then Shanghai's International Settlement had developed the conditions conducive to the emergence of a share market: several banks, a legal framework for joint-stock companies, and an interest in diversification among the established trading houses (although the trading houses themselves remained partnerships).
In 1891 during the boom in mining shares, foreign businessmen founded the "Shanghai Sharebrokers' Association" headquartered in Shanghai as China's first stock exchange. In 1904 the Association applied for registration in Hong Kong under the provision of the Companies ordinance and was renamed as the "Shanghai Stock Exchange". The supply of securities came primarily from local companies. In the early days, banks dominated private shares but, by 1880, only the Hong Kong and Shanghai local banks remained.
Later in 1920 and 1921, "Shanghai Securities & Commodities Exchange" and "Shanghai Chinese Merchant Exchange" started operation respectively. An amalgamation eventually took place in 1929, and the combined markets operated thereafter as the "Shanghai Stock Exchange". Shipping, insurance, and docks persisted to 1940 but were overshadowed by industrial shares after the Treaty of Shimonoseki of 1895, which permitted Japan, and by extension other nations which had treaties with China, to establish factories in Shanghai and other treaty ports. Rubber plantations became the staple of stock trading beginning in the second decade of the 20th century.
By the 1930s, Shanghai had emerged as the financial center of the Far East, where both Chinese and foreign investors could trade stocks, debentures, government bonds, and futures. The operation of Shanghai Stock Exchange came to an abrupt halt after Japanese troops occupied the Shanghai International Settlement on December 8, 1941. In 1946, Shanghai Stock Exchange resumed its operations before closing again 3 years later in 1949, after the Communist revolution took place.
After the Cultural Revolution ended and Deng Xiaoping rose to power, China was re-opened to the outside world in 1978. During the 1980s, China's securities market evolved in tandem with the country's economic reform and opening up and the development of socialist market economy. On 26 November 1990, Shanghai Stock Exchange was re-established and operations began a few weeks later on 19 December.[4]
[edit]Chronology

The Shanghai (SSE) Composite Index: 1991 to start of 2009.
1866 - The first share list appeared in June.
1871 - Speculative bubble burst triggered by monetary panic.
1883 - Credit crisis resulted speculation in Chinese companies.
1890 - Bank crisis started from Hong Kong.
1891 - "Shanghai Sharebrokers Association" established.
1895 - Treaty of Shimonoseki opened Chinese market to foreign investors.
1904 - Renamed to "Shanghai Stock Exchange".
1909-1910 - Rubber boom.
1911 - Revolution and the abdication of the Qing Dynasty. Founding of the Republic of China.
1914 - Market closed for a few months due to the Great War (World War I).
1919 - Speculation in cotton shares.
1925 - Second rubber boom.
1929 - "Shanghai Securities & Commodities Exchange" and "Shanghai Chinese Merchant Exchange" were merged into the existing Shanghai Stock Exchange.
1931 - Incursion of Japanese forces into northern China.
1930s - The market was dominated by the rubber share price movements.
1941 - The market closed on Friday 5 December. Japanese troops occupied Shanghai.
1946-1949 - Temporary resumption of the Shanghai Stock Exchange until the communist revolution. Founding of the People's Republic of China in 1949.
1978 - Deng Xiaoping emerged as the dominant figure in China's leadership, thus beginning a period of 'opening up' to the rest of the world.
1981 - Trading in treasury bonds were resumed.
1984 - Company stocks and corporate bonds emerged in Shanghai and a few other cities.
1990 - The present Shanghai Stock Exchange re-opened on November 26 and began operation on December 19.
2001-2005 - A four-year market slump which saw Shanghai's market value halved, after reaching a peak in 2001. A ban on new IPOs was put in April 2005 to curb the slump and allow more than US$200 billion of mostly state-owned equity to be converted to tradable shares.
2006 - The SSE resumed full operation as the yearlong ban on IPOs was lifted in May. The world's second largest (US$21.9 billion) IPO by the Industrial and Commercial Bank of China (ICBC) was launched in both Shanghai and Hong Kong stock markets.[5]
2007-2008 - A "stock market frenzy" as speculative traders rush into the market, making China's stock exchange temporarily the world's second largest in terms of turnover.[6][7][8] After reaching an all-time high of 6,124.044 points on October 16, 2007,[9] the benchmark Shanghai Composite Index ended 2008 down a record 65%[10] mainly due to the impact of the global economic crisis which started in mid-2008.
2010 - Agricultural Bank of China completed the world's largest IPO to date worth US$22.1 billion.[11]
[edit]Structure

See also: Qualified Foreign Institutional Investor
The securities listed at the SSE include the three main categories of stocks, bonds, and funds. Bonds traded on SSE include treasury bonds (T-bond), corporate bonds, and convertible corporate bonds. SSE T-bond market is the most active of its kind in China. There are two types of stocks being issued in the Shanghai Stock Exchange: "A" shares and "B" shares. A shares are priced in the local renminbi yuan currency, while B shares are quoted in U.S. dollars. Initially, trading in A shares are restricted to domestic investors only while B shares are available to both domestic (since 2001) and foreign investors. However, after reforms were implemented in December 2002, foreign investors are now allowed (with limitations) to trade in A shares under the Qualified Foreign Institutional Investor (QFII) program which was officially launched in 2003. Currently, a total of 98 foreign institutional investors have been approved to buy and sell A shares under the QFII program. Quotas under the QFII program are currently US$30 billion.[12] There has been a plan to eventually merge the two types of shares in the future.[13]
The SSE is open for trading every Monday to Friday. The morning session begins with centralized competitive pricing from 09:15 to 09:25, and continues with consecutive bidding from 09:30 to 11:30. This is followed by the afternoon consecutive bidding session, which starts from 13:00 to 15:00. The market is closed on Saturday and Sunday and other holidays announced by the SSE.[14]
Holiday Schedule
Shanghai Stock Exchange 2010
Holiday From To No. of days (excluding Saturday and Sunday)
New Year 1 January 2010 (Friday) 1 January 2010 (Friday) 1
DAY
Chinese New Year 15 February 2010 (Monday) 19 February 2010 (Friday) 5 DAYS
Qingming Festival 5 April 2010 (Monday) 5 April 2010 (Monday) 1 DAY
Labor Day 3 May 2010 (Monday) 3 May 2010 (Monday) 1 DAY
Duanwu Festival 14 June 2010 (Monday) 16 June 2010 (Wednesday) 3 DAYS
Mid-Autumn Festival 22 September 2010 (Wednesday) 24 September 2010 (Friday) 3 DAYS
National Day 1 October 2010 (Friday) 7 October 2010 (Thursday) 5 DAYS
Note: The above dates are inclusive and all Saturdays and Sundays are non-trading days.
[edit]Market Performance

As of February 2008, 861 companies were listed on the SSE and the total market capitalization of SSE reached RMB 23,340.9 billion (US$3,241.8 billion; US$1 = RMB 6.82).
[edit]Trading Summary for 2007
Data updated on 18 February 2008
Stock listings Market value
(billion yuan) Annual turnover value
(billion yuan)
A shares 850 26,849.7 30,196.0
B shares 54 134.2 347.4
Total 904 26,983.9 30,543.4
[edit]Indices
Main article: SSE Composite
The SSE Composite (also known as Shanghai Composite) Index is the most commonly used indicator to reflect SSE's market performance. Constituents for the SSE Composite Index are all listed stocks (A shares and B shares) at the Shanghai Stock Exchange. The Base Day for the SSE Composite Index is December 19, 1990. The Base Period is the total market capitalization of all stocks of that day. The Base Value is 100. The index was launched on July 15, 1991. At the end of 2006, the index reaches 2,675.47. Other important indexes used in the Shanghai Stock Exchanges include the SSE 50 Index and SSE 180 Index.
[edit]SSE's Top 10 Largest Stocks

Source: Shanghai Stock Exchange (market values in RMB/Chinese Yuan). Data arranged by market value. Updated on 19 March 2008
PetroChina (3,656.20 billion)
Industrial and Commercial Bank of China (1,417.93 billion)
Sinopec (961.42 billion)
Bank of China (894.42 billion)
China Shenhua Energy Company (824.22 billion)
China Life (667.39 billion)
China Merchants Bank (352.74 billion)
Ping An Insurance (272.53 billion)
Bank of Communications (269.41 billion)
China Pacific Insurance (256.64 billion)
[edit]Listing Requirements

According to the regulations of Securities Law of the People’s Republic of China and Company Law of the People’s Republic of China, limited companies applying for the listing of shares must meet the following criteria:
The shares must have been publicly issued following approval of the State Council Securities Management Department.
The company’s total share capital must not be less than RMB 30 million.
The company must have been in business for more than 3 years and have made profits over the last three consecutive years. This requirement also applies to former state-owned enterprises reincorporating as private or public enterprises. In the case of former state-owned enterprises re-established according to the law or founded after implementation of the law and if their issuers are large and medium state owned enterprises, it can be calculated consecutively. The number of shareholders with holdings of values reaching in excess of RMB 1,000 must not be less than 1,000 persons. Publicly offered shares must be more than 25% of the company’s total share capital. For company whose total share capital exceeds RMB 400 million, the ratio of publicly offered shares must be more than 15%.
The company must not have committed any major illegal activities or false accounting records in the last three years.
Other conditions stipulated by the State Council.
China currently has a preference for domestic firms only to list onto their stock exchanges; India has similar rules. However, China is considering opening up their capital markets to foreign firms in 2010.
The conditions for applications for the listing of shares by limited companies involved in high and new technology are set out separately by the State Council.
[edit]See also

China Securities Regulatory Commission
Economy of the People's Republic of China
Hong Kong Stock Exchange
Shenzhen Stock Exchange
Shanghai Metal Exchange
SSE Composite
Untraded shares

Wednesday, September 21, 2011

Global 500

1 2 Petrochina China Oil & gas producers 1.2 353,140.1
2 1 Exxon Mobil US Oil & gas producers 68.2 323,717.1
3 4 Microsoft US Software & computer services 30.5 270,635.4
4 3 Indl & Coml Bank of China China Banks 0.8 268,956.2
5 7 Wal-Mart Stores US General retailers 53.5 203,653.6
6 9 China Construction Bank China Banks 0.9 201,436.1
7 13 BHP Billiton Australia/UK Mining 38.8 201,248.0
8 5 HSBC UK Banks 11.5 199,254.9
9 8 Petrobras Brazil Oil & gas producers 23.9 199,107.9
10 16 Apple US Technology hardware & equipment 210.7 189,801.7
11 6 China Mobile Hong Kong Mobile telecommunications 9.4 188,472.8
12 10 Royal Dutch Shell UK Oil & gas producers 30.4 186,618.0
13 17 BP UK Oil & gas producers 9.7 181,805.8
14 15 Johnson & Johnson US Pharmaceuticals & biotechnology 64.4 177,713.5
15 21 Nestle Switzerland Food producers 48.6 177,253.1
16 14 Procter & Gamble US Household goods & home construction 60.6 177,144.6
17 19 IBM US Software & computer services 130.9 171,950.6
18 12 JP Morgan Chase US Banks 41.7 171,052.4
19 18 AT&T US Fixed line telecommunications 28.0 165,404.9
20 11 General Electric US General industrials 15.1 161,096.5
21 33 Sinopec China Oil & gas producers 0.9 159,262.6
22 24 Chevron US Oil & gas producers 77.0 154,462.4
23 23 Bank of China China Banks 0.5 153,957.1
24 20 Berkshire Hathaway US Nonlife insurance 99,200.0 153,624.2
25 27 Total France Oil & gas producers 64.6 151,544.4
26 36 Google US Software & computer services 620.0 150,654.7
27 26 Roche Holding Switzerland Pharmaceuticals & biotechnology 170.1 147,497.0
28 41 Pﬁzer US Pharmaceuticals & biotechnology 18.2 146,784.7
Page 1Global 500 December 2009
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29 30 Novartis Switzerland Pharmaceuticals & biotechnology 54.7 144,164.5
30 28 Toyota Motor Japan Automobiles & parts 41.7 143,704.8
31 37 Vale Brazil Industrial metals & mining 28.4 143,523.5
32 25 Gazprom Russia Oil & gas producers 6.0 142,985.1
33 31 Wells Fargo & Co US Banks 27.0 137,995.1
34 29 Cisco Systems US Technology hardware & equipment 23.9 137,716.8
35 32 Banco Santander Spain Banks 16.6 136,631.1
36 39 China Life Insurance China Life insurance 4.9 133,462.1
37 35 Coca Cola US Beverages 57.0 132,079.3
38 22 Bank of America US Banks 15.1 130,280.3
39 34 Telefonica Spain Fixed line telecommunications 28.0 127,817.3
40 50 Rio Tinto Australia/UK Mining 54.7 124,297.1
41 46 Oracle US Software & computer services 24.5 122,925.2
42 38 Vodafone Group UK Mobile telecommunications 2.3 122,078.3
43 40 Hewlett-Packard US Technology hardware & equipment 51.5 121,778.3
44 44 Intel US Technology hardware & equipment 20.4 112,648.7
45 133 Merck US Pharmaceuticals & biotechnology 36.5 111,610.4
46 42 Samsung Electronics South Korea Technology hardware & equipment 686.2 111,363.2
47 47 GlaxoSmithKline UK Pharmaceuticals & biotechnology 21.3 110,575.1
48 45 EDF France Electricity 59.6 110,241.6
49 51 Sanoﬁ-Aventis France Pharmaceuticals & biotechnology 79.0 103,993.6
50 49 ENI Italy Oil & gas producers 25.5 102,288.3
51 56 China Shenhua Energy China Mining 4.9 100,764.8
52 48 GDF Suez France Gas, water & multiutilities 43.5 98,209.1
53 52 BNP Paribas France Banks 80.2 94,969.7
54 55 PepsiCo US Beverages 60.8 94,875.0
55 43 Citigroup US Banks 3.3 94,155.2
56 57 Verizon Communications US Fixed line telecommunications 33.1 94,110.6
57 53 Philip Morris International US Tobacco 48.2 91,786.7
58 62 Unilever Netherlands/UK Food producers 32.6 91,449.6
59 61 Itau Unibanco Brazil Banks 22.2 90,038.9
60 63 Rosneft Russia Oil & gas producers 8.3 88,121.4
Page 2Global 500 December 2009
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2009 Company Country Sector Price ($)
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61 54 Goldman Sachs US Financial services 168.8 86,797.6
62 60 Siemens Germany General industrials 92.1 84,219.0
63 59 E On Germany Gas, water & multiutilities 41.9 83,915.2
64 68 Anheuser-Busch Inbev Belgium Beverages 52.2 83,721.3
65 64 Abbott Laboratories US Pharmaceuticals & biotechnology 54.0 83,508.4
66 70 Statoil Norway Oil & gas producers 25.1 79,925.9
67 69 Schlumberger US Oil equipment & services 65.1 78,157.8
68 66 Qualcomm US Technology hardware & equipment 46.3 77,268.6
69 58 Reliance Industries India Oil & gas producers 23.4 76,939.9
70 65 Royal Bank Canada Canada Banks 53.8 76,429.3
71 75 ConocoPhillips US Oil & gas producers 51.1 75,772.3
72 73 Commonwealth Bank of Australia Australia Banks 49.3 75,682.1
73 98 ArcelorMittal Netherlands Industrial metals & mining 46.2 72,065.9
74 91 CNOOC Hong Kong Oil & gas producers 1.6 70,281.0
75 86 Mitsubishi UFJ Financial Japan Banks 4.9 68,694.1
76 77 BBV Argentaria Spain Banks 18.3 68,452.4
77 82 AstraZeneca UK Pharmaceuticals & biotechnology 47.0 68,150.8
78 74 Westpac Banking Australia Banks 22.8 67,648.2
79 88 McDonald's US Travel & leisure 62.4 67,384.4
80 96 L'Oreal France Personal goods 111.9 66,970.6
81 84 Saudi Basic Industries Saudi Arabia Chemicals 22.0 66,586.6
82 100 Bayer Germany Chemicals 80.3 66,392.7
83 71 France Telecom France Fixed line telecommunications 25.0 66,233.4
84 85 Occidental Petroleum US Oil & gas producers 81.4 66,029.1
85 99 United Technologies US Aerospace & defence 69.4 65,074.6
86 87 British American Tobacco UK Tobacco 32.6 65,009.7
87 95 Deutsche Telekom Germany Mobile telecommunications 14.8 64,387.0
88 92 Bank of Communications China Banks 1.2 62,312.7
89 141 Sberbank of Russia Russia Banks 2.8 61,845.3
90 67 Nippon Telegraph & Telephone Japan Fixed line telecommunications 39.2 61,716.9
91 102 Honda Motor Japan Automobiles & parts 33.4 61,295.6
92 72 NTT DoCoMo Japan Mobile telecommunications 1,392.1 61,183.9
Page 3Global 500 December 2009
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93 97 BG Group UK Oil & gas producers 18.1 61,099.5
94 105 Ping An Insurance China Life insurance 8.8 61,061.7
95 120 Walt Disney US Media 32.3 60,146.6
96 78 Credit Suisse Group Switzerland Banks 49.5 58,682.4
97 118 3M US General industrials 82.7 58,526.9
98 107 Bradesco Brazil Banks 20.9 58,440.6
99 155 Amazon.Com US General retailers 134.5 58,244.8
100 93 SAP Germany Software & computer services 47.3 58,038.2
101 147 Anglo American UK Mining 43.8 57,634.2
102 125 Basf Germany Chemicals 62.4 57,269.6
103 89 Amgen US Pharmaceuticals & biotechnology 56.6 57,256.6
104 103 Allianz Germany Nonlife insurance 125.0 56,753.5
105 106 Intesa Sanpaolo Italy Banks 4.5 56,688.5
106 113 Daimler Germany Automobiles & parts 53.4 56,670.8
107 79 Unicredit Italy Banks 3.4 56,410.9
108 130 Ambev Brazil Beverages 100.1 56,394.3
109 111 Canon Japan Technology hardware & equipment 42.0 56,018.1
110 110 Suncor Energy Canada Oil & gas producers 35.5 55,350.5
111 81 UBS Switzerland Banks 15.5 55,244.4
112 123 LVMH France Personal goods 112.5 55,120.6
113 121 Tesco UK Food & drug retailers 6.9 54,928.4
114 94 Enel Italy Electricity 5.8 54,605.3
115 116 RWE Germany Gas, water & multiutilities 97.5 54,519.0
116 104 Axa France Nonlife insurance 23.7 54,340.0
117 114 Oil & Natural Gas India Oil & gas producers 25.3 54,123.2
118 108 Toronto-Dominion Bank Canada Banks 62.9 54,107.1
119 143 Xstrata UK Mining 18.1 53,203.3
120 Santander Brasil Brazil Banks 13.7 52,803.3
121 115 Taiwan Semiconductor Manufacturing Taiwan Technology hardware & equipment 2.0 52,232.7
122 138 Lloyds Banking Group UK Banks 0.8 52,203.7
123 101 National Australia Bank Australia Banks 24.6 52,203.2
124 112 ANZ Banking Australia Banks 20.6 52,119.3
Page 4Global 500 December 2009
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2009 Company Country Sector Price ($)
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125 135 Teva Pharmaceutical Israel Pharmaceuticals & biotechnology 56.3 52,013.9
126 124 Societe Generale France Banks 70.2 51,956.0
127 122 Standard Chartered UK Banks 25.4 51,451.8
128 80 Barclays UK Banks 4.5 50,861.1
129 148 China Merchants Bank China Banks 2.6 50,482.7
130 119 Iberdrola Spain Electricity 9.6 50,262.3
131 137 Home Depot US General retailers 28.9 49,192.8
132 150 Alcon US Health care equipment & services 164.4 49,082.8
133 152 Medtronic US Health care equipment & services 44.0 48,582.5
134 136 AMX Mexico Mobile telecommunications 2.4 48,501.3
135 154 American Express US Financial services 40.5 48,185.1
136 132 Bank of Nova Scotia Canada Banks 47.0 48,120.2
137 109 Nokia Finland Technology hardware & equipment 12.8 47,926.6
138 134 Lukoil Russia Oil & gas producers 55.9 47,531.7
139 128 Comcast US Media 16.9 47,305.0
140 165 SabMiller UK Beverages 29.5 46,446.8
141 176 Posco South Korea Industrial metals & mining 530.7 46,271.0
142 117 CVS Caremark US Food & drug retailers 32.2 45,433.6
143 131 ABB Switzerland Industrial engineering 19.3 44,814.6
144 144 Monsanto US Food producers 81.8 44,579.2
145 129 Deutsche Bank Germany Banks 70.9 44,021.1
146 161 Diageo UK Beverages 17.5 43,828.0
147 240 Blackrock US Financial services 232.2 43,824.3
148 139 Banco Brasil Brazil Banks 17.0 43,755.9
149 140 Bristol Myers Squibb US Pharmaceuticals & biotechnology 25.3 43,220.3
150 149 US Bancorp US Banks 22.5 43,048.6
151 220 China Citic Bank China Banks 0.9 42,708.4
152 90 Volkswagen Germany Automobiles & parts 110.5 42,506.6
153 156 Generali Italy Nonlife insurance 27.0 42,037.4
154 188 Mitsubishi Japan Support services 24.8 41,998.8
155 173 NTPC India Electricity 5.1 41,763.3
156 153 Nordea Bank Sweden Banks 10.2 41,147.9
Page 5Global 500 December 2009
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157 126 Credit Agricole France Banks 17.7 41,133.2
158 166 Eli Lilly US Pharmaceuticals & biotechnology 35.7 41,031.6
159 163 Colgate-Palmolive US Personal goods 82.2 40,844.2
160 170 Altria Group US Tobacco 19.6 40,677.5
161 151 Hennes & Mauritz Sweden General retailers 55.7 40,648.8
162 187 Hon Hai Precision Industry Taiwan Electronic & electrical equipment 4.7 40,634.9
163 157 United Parcel Service US Industrial transportation 57.4 40,516.2
164 207 Visa US Financial services 87.5 40,242.7
165 146 Morgan Stanley US Financial services 29.6 40,239.2
166 160 Kraft Foods US Food producers 27.2 40,113.2
167 159 Danone France Food producers 61.4 39,756.8
168 231 Tencent Holdings Hong Kong Software & computer services 21.7 39,525.4
169 216 Nissan Motor Japan Automobiles & parts 8.7 39,333.7
170 158 Boeing US Aerospace & defence 54.1 39,330.8
171 174 Canadian Natural Resources Canada Oil & gas producers 72.5 39,314.3
172 184 Reckitt Benckiser UK Household goods & home construction 54.2 39,015.9
173 145 Gilead Sciences US Pharmaceuticals & biotechnology 43.3 38,939.7
174 169 Barrick Gold Canada Mining 39.6 38,881.4
175 179 Inditex Spain General retailers 62.3 38,803.7
176 167 Sun Hung Kai Properties Hong Kong Real estate investment & services 15.0 38,461.3
177 177 Telstra Australia Fixed line telecommunications 3.1 38,383.4
178 171 ING Netherlands Life insurance 9.9 37,921.2
179 162 Research In Motion Canada Technology hardware & equipment 67.8 37,732.6
180 238 Walmex Mexico General retailers 4.5 37,663.4
181 198 News Corp US Media 13.7 37,648.7
182 164 Vivendi France Media 29.8 36,661.6
183 182 Target US General retailers 48.4 36,389.4
184 168 Walgreen US Food & drug retailers 36.7 36,271.5
185 186 EMC US Technology hardware & equipment 17.5 35,635.7
186 206 Caterpillar US Industrial engineering 57.0 35,489.2
187 239 Unitedhealth US Health care equipment & services 30.5 35,418.3
188 190 Baxter International US Health care equipment & services 58.7 35,375.9
Page 6Global 500 December 2009
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189 194 Surgutneftegas Russia Oil & gas producers 0.9 35,316.5
190 172 Singapore Telecom Singapore Fixed line telecommunications 2.2 35,287.9
191 175 Panasonic Japan Leisure goods 14.2 34,913.7
192 212 Apache US Oil & gas producers 103.2 34,683.1
193 247 Freeport-McMoran Copper & Gold US Industrial metals & mining 80.3 34,514.9
194 210 Lowe's Companies US General retailers 23.4 34,430.9
195 191 Time Warner US Media 29.1 34,023.2
196 204 Carrefour France Food & drug retailers 48.1 33,940.3
197 180 Tokyo Electric Power Japan Electricity 25.1 33,932.4
198 178 Nintendo Japan Leisure goods 238.4 33,768.0
199 185 Bank of New York Mellon US Financial services 28.0 33,682.7
200 189 Japan Tobacco Japan Tobacco 3,362.2 33,621.5
201 257 Burlington Northern Santa Fe US Industrial transportation 98.6 33,573.7
202 202 Imperial Oil Canada Oil & gas producers 38.8 32,873.5
203 203 Novo Nordisk Denmark Pharmaceuticals & biotechnology 64.0 32,808.8
204 195 Repsol YPF Spain Oil & gas producers 26.9 32,798.5
205 224 Texas Instruments US Technology hardware & equipment 26.1 32,649.9
206 225 Devon Energy US Oil & gas producers 73.5 32,641.4
207 233 TeliaSonera Sweden Mobile telecommunications 7.3 32,608.9
208 258 Wesfarmers Australia General retailers 28.1 32,530.4
209 197 Takeda Pharmaceutical Japan Pharmaceuticals & biotechnology 41.1 32,487.4
210 315 Ford Motor US Automobiles & parts 10.0 32,362.5
211 192 Manulife Financial Canada Life insurance 18.4 32,348.3
212 China Paciﬁc Insurance China Life insurance 4.0 32,341.9
213 183 Zurich Financial Services Switzerland Nonlife insurance 219.1 32,296.3
214 261 Potash Corporation of Saskatchewan Canada Chemicals 109.1 32,291.1
215 232 Union Paciﬁc US Industrial transportation 63.9 32,240.7
216 200 Exelon US Electricity 48.9 32,223.8
217 235 Imperial Tobacco UK Tobacco 31.7 32,172.1
218 255 Infosys Technologies India Software & computer services 56.0 32,096.7
219 219 Emerson Electric US Electronic & electrical equipment 42.6 32,047.0
220 259 DirecTV US Media 33.4 31,911.2
Page 7Global 500 December 2009
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2009 Company Country Sector Price ($)
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value ($m)
221 201 Woodside Petroleum Australia Oil & gas producers 42.4 31,777.0
222 284 Ogx Petroleo Brazil Oil & gas producers 9.8 31,704.5
223 227 Dow Chemical US Chemicals 27.6 31,601.2
224 276 Tata Consultancy Services India Software & computer services 16.1 31,533.8
225 222 Air Liquide France Chemicals 119.1 31,479.1
226 193 China Unicom (Hong Kong) Hong Kong Mobile telecommunications 1.3 31,237.6
227 205 Woolworths Australia Food & drug retailers 25.2 31,224.5
228 262 Itausa Brazil Financial services 6.8 31,165.1
229 242 State Bank of India India Banks 48.8 30,962.2
230 208 Munich Re Germany Nonlife insurance 155.9 30,776.8
231 289 Citic Securities China Financial services 4.7 30,738.8
232 265 Schneider Electric France Electronic & electrical equipment 117.3 30,733.0
233 214 Anadarko Petroleum US Oil & gas producers 62.4 30,680.1
234 266 Medco Health Solutions US Health care equipment & services 63.9 30,470.0
235 229 A P Moller - Maersk Denmark Industrial transportation 7,057.1 30,469.4
236 241 E I Du Pont de Nemours US Chemicals 33.7 30,428.6
237 217 Ebay US General retailers 23.5 30,423.4
238 199 Ericsson Sweden Technology hardware & equipment 9.2 30,178.7
239 295 Corning US Technology hardware & equipment 19.3 30,048.2
240 234 Cheung Kong Holdings Hong Kong Real estate investment & services 12.9 29,959.9
241 250 Honeywell International US General industrials 39.2 29,911.3
242 283 Industrial Bank China Banks 5.9 29,522.4
243 237 Vinci (Ex Sge) France Construction & materials 56.6 29,473.9
244 230 MTN Group South Africa Mobile telecommunications 16.0 29,468.6
245 253 Bank of Montreal Canada Banks 53.3 29,391.8
246 213 Hutchison Whampoa Hong Kong General industrials 6.9 29,360.6
247 244 Wilmar International Singapore Food producers 4.6 29,265.9
248 215 BMW Germany Automobiles & parts 45.6 29,191.2
249 209 Metlife US Life insurance 35.4 28,944.2
250 236 Goldcorp Canada Mining 39.4 28,924.4
251 181 Sumitomo Mitsui Financial Japan Banks 28.4 28,915.0
252 300 Philips Electronics Netherlands Leisure goods 29.7 28,851.3
Page 8Global 500 December 2009
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2009 Company Country Sector Price ($)
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value ($m)
253 228 Sony Japan Leisure goods 28.7 28,810.4
254 221 Lockheed Martin US Aerospace & defence 75.4 28,692.0
255 223 Al Rajhi Bank Saudi Arabia Banks 19.0 28,294.3
256 254 Hang Seng Bank Hong Kong Banks 14.8 28,280.4
257 326 Mastercard US Financial services 256.0 28,099.9
258 226 Dell US Technology hardware & equipment 14.4 28,097.6
259 272 Shanghai Pudong Development Bank China Banks 3.2 28,053.8
260 264 Saint Gobain France Construction & materials 54.6 28,015.9
261 267 Southern Copper US Industrial metals & mining 32.9 27,973.5
262 252 KPN Netherlands Fixed line telecommunications 17.0 27,669.4
263 211 Telecom Italia Italy Fixed line telecommunications 1.6 27,570.1
264 281 Nippon Steel Japan Industrial metals & mining 4.0 27,419.5
265 249 Travelers Cos. US Nonlife insurance 49.9 27,242.2
266 431 Nomura Japan Financial services 7.3 27,205.8
267 218 Mizuho Financial Group Japan Banks 1.8 27,143.7
268 248 Carnival US/UK Travel & leisure 31.7 27,141.6
269 286 Halliburton US Oil equipment & services 30.1 27,139.0
270 290 XTO Energy US Oil & gas producers 46.5 27,003.1
271 297 National Grid UK Gas, water & multiutilities 11.0 26,982.3
272 251 Thomson Reuters Canada Media 32.4 26,860.3
273 196 Bharti Airtel India Mobile telecommunications 7.1 26,827.9
274 319 Wellpoint US Health care equipment & services 58.3 26,717.0
275 292 Norilsk Nickel Russia Industrial metals & mining 140.0 26,695.0
276 275 Southern US Electricity 33.3 26,663.0
277 331 Syngenta Switzerland Chemicals 281.2 26,603.1
278 256 Transocean US Oil equipment & services 82.8 26,590.8
279 127 Royal Bank of Scotland UK Banks 0.5 26,580.2
280 336 Mosaic US Chemicals 59.7 26,576.2
281 287 Kimberly-Clark US Personal goods 63.7 26,463.8
282 268 Denso Japan Automobiles & parts 29.9 26,400.0
283 282 General Dynamics US Aerospace & defence 68.2 26,300.1
284 311 Accenture US Support services 41.5 26,245.6
Page 9Global 500 December 2009
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2009 Company Country Sector Price ($)
Market
value ($m)
285 288 Prudential UK Life insurance 10.3 26,168.0
286 301 Fedex US Industrial transportation 83.5 26,112.8
287 246 Westﬁeld Group Australia Real Estate Investment Trusts 11.3 26,026.3
288 285 Costco Wholesale US General retailers 59.2 25,994.9
289 274 Nike US Personal goods 66.1 25,880.2
290 296 Sasol South Africa Oil & gas producers 40.5 25,837.0
291 291 Mitsui Japan Support services 14.1 25,758.8
292 309 Canadian National Railway Canada Industrial transportation 54.7 25,748.3
293 350 China Coal Energy China Mining 1.8 25,746.4
294 387 China Minsheng Banking China Banks 1.1 25,676.6
295 346 Anglo Platinum South Africa Mining 107.6 25,639.4
296 270 Celgene US Pharmaceuticals & biotechnology 55.7 25,590.6
297 321 Holcim Switzerland Construction & materials 77.9 25,471.6
298 345 Tenaris Argentina Industrial metals & mining 21.5 25,439.8
299 299 Bharat Heavy Electronics India Industrial engineering 51.7 25,310.7
300 245 CEZ Czech Republic Electricity 47.0 25,256.7
301 294 Softbank Japan Mobile telecommunications 23.3 25,232.2
302 243 East Japan Railway Japan Travel & leisure 63.1 25,221.5
303 334 DBS Group Holdings Singapore Banks 11.0 25,036.0
304 304 CIBC Canada Banks 65.0 24,966.0
305 342 Eog Resources US Oil & gas producers 97.3 24,869.6
306 277 Praxair US Chemicals 80.3 24,839.3
307 446 Baoshan Iron & Steel China Industrial metals & mining 1.4 24,778.9
308 324 Aluminum Corp.of China China Industrial metals & mining 1.1 24,654.9
309 279 Formosa Petrochemical Taiwan Oil & gas producers 2.6 24,540.8
310 142 Encana Canada Oil & gas producers 32.5 24,411.2
311 293 Husky Energy Canada Oil & gas producers 28.7 24,384.5
312 320 PNC Financial Services US Banks 52.8 24,351.5
313 263 Shin-Etsu Chemical Japan Chemicals 56.2 24,275.4
314 308 Siderurgica Nacional Brazil Industrial metals & mining 32.1 24,260.1
315 302 Great West Lifeco Canada Life insurance 25.6 24,222.4
316 313 Fortum Finland Electricity 27.2 24,178.2
Page 10Global 500 December 2009
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2009 Company Country Sector Price ($)
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317 333 Danaher US Electronic & electrical equipment 75.2 24,156.9
318 306 Franklin Resources US Financial services 105.4 24,151.5
319 340 JFE Holdings Japan Industrial metals & mining 39.2 24,090.4
320 330 Covidien US Health care equipment & services 47.9 24,062.4
321 337 Illinois Tool Works US Industrial engineering 48.0 24,038.7
322 305 Boc Hong Kong Hong Kong Banks 2.3 23,997.8
323 VTB Bank Russia Banks 0.0 23,948.4
324 271 Lafarge France Construction & materials 82.9 23,758.2
325 273 KDDI Japan Mobile telecommunications 5,295.7 23,750.1
326 338 Express Scripts US Health care equipment & services 86.4 23,741.3
327 339 Transcanada Canada Oil equipment & services 34.5 23,606.5
328 335 QBE Insurance Group Australia Nonlife insurance 23.0 23,591.0
329 260 Saudi Telecom Saudi Arabia Fixed line telecommunications 11.8 23,568.6
330 278 Yahoo US Software & computer services 16.8 23,509.7
331 316 Deutsche Post Germany Industrial transportation 19.3 23,391.0
332 318 Heineken Netherlands Beverages 47.7 23,384.4
333 343 General Mills US Food producers 70.8 23,334.5
334 351 Centrica UK Gas, water & multiutilities 4.5 23,290.4
335 378 Telenor Norway Mobile telecommunications 14.0 23,260.6
336 322 Toshiba Japan General industrials 5.5 23,260.2
337 353 Dominion Resources US Electricity 38.9 23,244.6
338 341 Newmont Mining US Mining 47.3 23,189.9
339 435 Eletrobras Brazil Electricity 20.9 23,000.8
340 310 Prudential Financial US Life insurance 49.8 22,989.1
341 348 Hyundai Motor South Korea Automobiles & parts 103.9 22,888.8
342 398 Deere US Industrial engineering 54.1 22,860.5
343 354 Pernod-Ricard France Beverages 86.0 22,681.2
344 370 Simon Property Group US Real Estate Investment Trusts 79.8 22,639.9
345 312 Kweichow Moutai China Beverages 24.9 22,633.4
346 356 Duke Energy US Gas, water & multiutilities 17.2 22,452.3
347 355 CME Group US Financial services 336.0 22,347.7
348 332 Fanuc Japan Industrial engineering 92.7 22,202.6
Page 11Global 500 December 2009
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2009
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2009 Company Country Sector Price ($)
Market
value ($m)
349 317 Marathon Oil US Oil & gas producers 31.2 22,098.9
350 327 Mitsubishi Estate Japan Real estate investment & services 15.9 22,074.3
351 298 Emirates Telecom. UAE Fixed line telecommunications 3.0 22,013.4
352 418 Gerdau Brazil Industrial metals & mining 12.7 21,939.1
353 323 Charles Schwab US Financial services 18.8 21,871.3
354 303 Tokio Marine Holdings Japan Nonlife insurance 27.2 21,864.2
355 314 FPL Group US Electricity 52.8 21,833.0
356 352 Larsen & Toubro India Construction & materials 36.1 21,663.2
357 360 Aﬂac US Life insurance 46.3 21,640.3
358 366 Automatic Data Processing US Support services 42.8 21,608.3
359 361 Standard Bank South Africa Banks 13.9 21,584.4
360 269 State Street US Financial services 43.5 21,537.7
361 389 Wipro India Software & computer services 14.6 21,420.7
362 399 United Overseas Bank Singapore Banks 14.0 21,386.8
363 Steel Authority Of India India Industrial metals & mining 5.2 21,359.8
364 307 Kansai Electric Power Japan Electricity 22.6 21,347.1
365 382 BCE Canada Fixed line telecommunications 27.7 21,221.5
366 411 Oversea-Chinese Bkg. Singapore Banks 6.5 21,033.6
367 347 ICICI Bank India Banks 18.8 20,965.8
368 439 Henkel Germany Household goods & home construction 44.7 20,922.6
369 358 Power Financial Canada Life insurance 29.7 20,922.1
370 325 PTT Thailand Oil & gas producers 7.4 20,909.1
371 384 Komatsu Japan Industrial engineering 20.8 20,748.4
372 460 Teck Resources Canada Industrial metals & mining 35.1 20,689.7
373 365 Bae Systems UK Aerospace & defence 5.8 20,554.7
374 395 ITC India Tobacco 5.4 20,458.9
375 394 Linde Germany Chemicals 120.7 20,344.7
376 344 Alstom France Industrial engineering 70.4 20,343.8
377 403 Telekomunikasi Indonesia Indonesia Fixed line telecommunications 1.0 20,278.0
378 383 Kellogg US Food producers 53.2 20,185.4
379 349 Iberdrola Renovables Spain Electricity 4.8 20,120.3
380 390 Unibail-Rodamco France Real Estate Investment Trusts 220.5 20,118.5
Page 12Global 500 December 2009
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2009 Company Country Sector Price ($)
Market
value ($m)
381 385 Archer Daniels Midland US Food producers 31.3 20,112.1
382 401 Stryker US Health care equipment & services 50.4 20,034.1
383 357 Gas Natural SDG Spain Gas, water & multiutilities 21.6 19,949.3
384 Fast Retailing Japan General retailers 187.7 19,905.5
385 376 Chunghwa Telecom Taiwan Fixed line telecommunications 1.9 19,842.3
386 388 Swisscom Switzerland Fixed line telecommunications 382.7 19,824.4
387 362 KB Financial Group South Korea Banks 51.3 19,807.4
388 363 MTR Hong Kong Travel & leisure 3.5 19,796.6
389 423 Hess US Oil & gas producers 60.5 19,787.8
390 386 Raytheon US Aerospace & defence 51.5 19,743.3
391 407 Christian Dior France Personal goods 103.0 19,562.3
392 444 Copec Chile Oil & gas producers 15.0 19,534.6
393 412 ThyssenKrupp Germany General industrials 37.9 19,487.0
394 409 Thermo Fisher Scientiﬁc US Health care equipment & services 47.7 19,472.5
395 391 Metro Germany General retailers 61.5 19,436.6
396 371 Hong Kong Exchanges & Clearing Hong Kong Financial services 18.0 19,347.4
397 470 Norfolk Southern US Industrial transportation 52.4 19,285.0
398 429 Adobe Systems US Software & computer services 36.8 19,263.9
399 375 Jardine Matheson Singapore General industrials 30.2 19,256.7
400 425 Allergan US Pharmaceuticals & biotechnology 63.0 19,151.4
401 413 Talisman Energy Canada Oil & gas producers 18.8 19,136.9
402 400 China Railway Group China Construction & materials 0.8 19,050.4
403 453 CSX US Industrial transportation 48.5 19,035.2
404 377 CRH Ireland Construction & materials 27.3 19,034.8
405 402 Eurasian Natural Resources UK Mining 14.8 19,027.6
406 397 Mediatek Taiwan Technology hardware & equipment 17.5 19,017.8
407 Cenovus Energy Canada Oil & gas producers 25.3 18,990.3
408 434 Reed Elsevier Netherlands/UK Media 8.3 18,949.9
409 427 Akbank Turkey Banks 6.3 18,913.5
410 420 Rogers Communications Canada Mobile telecommunications 31.2 18,864.7
411 372 Korea Electric Power South Korea Electricity 29.3 18,787.4
412 447 China Cosco China Industrial transportation 1.2 18,724.7
Page 13Global 500 December 2009
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2009
Global Rank
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2009 Company Country Sector Price ($)
Market
value ($m)
413 440 Zijin Mining Group China Mining 1.0 18,709.9
414 443 Becton Dickinson US Health care equipment & services 78.9 18,684.1
415 408 Applied Materials US Technology hardware & equipment 13.9 18,592.0
416 379 Chubu Electric Power Japan Electricity 23.9 18,576.6
417 424 Bouygues France Construction & materials 52.3 18,495.4
418 328 Seven & I Holding Japan General retailers 20.4 18,470.6
419 404 National Oilwell Varco US Oil equipment & services 44.1 18,444.5
420 493 Johnson Controls US Automobiles & parts 27.2 18,286.6
421 373 Volvo Sweden Industrial engineering 8.6 18,275.2
422 Novolipetsk Steel Russia Industrial metals & mining 3.0 18,157.5
423 438 Viacom US Media 29.7 18,138.8
424 461 Cathay Financial Taiwan Life insurance 1.9 18,050.7
425 367 Motorola US Technology hardware & equipment 7.8 17,932.9
426 442 Swiss Re Switzerland Nonlife insurance 48.3 17,898.1
427 Grupo Mexico Mexico Industrial metals & mining 2.3 17,895.1
428 469 Svenska Handelsbanken Sweden Banks 28.6 17,827.4
429 441 Staples US General retailers 24.6 17,800.6
430 473 TKI Garanti Bankasi Turkey Banks 4.2 17,792.7
431 428 Snam Rete Gas Italy Gas, water & multiutilities 5.0 17,776.9
432 368 Aviva UK Life insurance 6.4 17,776.8
433 359 Inpex Japan Oil & gas producers 7,529.9 17,758.6
434 488 DnB Nor Norway Banks 10.9 17,692.7
435 369 Astellas Pharma Japan Pharmaceuticals & biotechnology 37.2 17,689.8
436 419 Cadbury UK Food producers 12.9 17,685.3
437 487 Fiat Italy Automobiles & parts 14.7 17,673.3
438 380 Shinhan Financial Group South Korea Banks 37.1 17,592.0
439 436 Swire Paciﬁc Hong Kong General industrials 12.1 17,544.7
440 Richemont Switzerland Personal goods 33.6 17,537.7
441 449 Northrop Grumman US Aerospace & defence 55.9 17,523.0
442 494 Atlas Copco Sweden Industrial engineering 14.8 17,486.4
443 Enbridge Canada Oil equipment & services 46.4 17,475.8
444 416 BB&T US Banks 25.4 17,444.8
Page 14Global 500 December 2009
Global rank
December
2009
Global Rank
September
2009 Company Country Sector Price ($)
Market
value ($m)
445 Impala Platinum South Africa Mining 27.6 17,410.2
446 364 Yahoo Japan Japan Software & computer services 299.1 17,378.5
447 American Tower US Technology hardware & equipment 43.2 17,346.7
448 430 Scottish & Southern Energy UK Electricity 18.8 17,305.8
449 414 China Overseas Land & Inv Hong Kong Real estate investment & services 2.1 17,277.6
450 Capital One Financial US Financial services 38.3 17,238.0
451 457 Air Products & Chemicals US Chemicals 81.1 17,187.9
452 Industries Qatar Qatar General industrials 31.4 17,142.6
453 492 Starbucks US Travel & leisure 23.1 17,069.0
454 415 CSL Australia Pharmaceuticals & biotechnology 29.2 17,060.6
455 451 China Vanke China Real estate investment & services 1.3 16,977.9
456 405 Ace US Nonlife insurance 50.4 16,955.5
457 Tullow Oil UK Oil & gas producers 21.1 16,949.9
458 454 Tyco International US General industrials 35.7 16,936.3
459 462 BT Group UK Fixed line telecommunications 2.2 16,900.6
460 468 Public Service Enterprise US Electricity 33.3 16,823.8
461 Angang Steel China Industrial metals & mining 2.2 16,808.3
462 417 Chubb US Nonlife insurance 49.2 16,798.5
463 410 Kyocera Japan Electronic & electrical equipment 87.8 16,789.2
464 396 Chesapeake Energy US Oil & gas producers 25.9 16,762.7
465 471 McKesson US Food & drug retailers 62.5 16,748.9
466 ICL Israel Chemicals 13.2 16,708.4
467 Southwestern Energy US Oil & gas producers 48.2 16,643.2
468 HDFC Bank India Banks 36.5 16,634.4
469 American Electric Power US Electricity 34.8 16,617.7
470 Beiersdorf Germany Personal goods 65.9 16,605.9
471 PG & E US Electricity 44.7 16,563.4
472 Waste Management US Support services 33.8 16,555.1
473 Sysco US Food & drug retailers 27.9 16,536.0
474 426 Kohl's US General retailers 53.9 16,535.0
475 Naspers South Africa Media 40.7 16,533.7
476 393 EADS France Aerospace & defence 20.2 16,491.8
Page 15Global 500 December 2009
Global rank
December
2009
Global Rank
September
2009 Company Country Sector Price ($)
Market
value ($m)
477 450 Housing Development Finance India Financial services 57.5 16,449.5
478 481 Best Buy US General retailers 39.5 16,436.6
479 448 Hong Kong and China Gas Hong Kong Gas, water & multiutilities 2.5 16,420.1
480 477 China Railway Construction China Construction & materials 1.3 16,402.0
481 381 Veolia Environnement France Gas, water & multiutilities 33.2 16,376.5
482 491 Hang Lung Properties Hong Kong Real estate investment & services 3.9 16,366.2
483 475 Yum! Brands US Travel & leisure 35.0 16,355.5
484 Femsa Mexico Beverages 4.8 16,340.7
485 455 CLP Holdings Hong Kong Electricity 6.8 16,275.6
486 421 Sun Life Financial Canada Life insurance 28.9 16,230.6
487 467 Deutsche Boerse Germany Financial services 83.2 16,226.6
488 Henderson Land Development Hong Kong Real estate investment & services 7.5 16,168.2
489 452 Allstate US Nonlife insurance 30.0 16,115.8
490 437 Indian Oil India Oil & gas producers 6.6 15,981.1
491 445 Acs Activades Cons y Serv Spain Construction & materials 49.9 15,913.8
492 463 British Sky Broadcasting UK Media 9.1 15,907.8
493 392 Danske Bank Denmark Banks 22.8 15,899.5
494 433 Criteria Caixacorp Spain Financial services 4.7 15,897.6
495 Wharf Holdings Hong Kong General industrials 5.8 15,893.0
496 466 Abertis Infraestructuras Spain Industrial transportation 22.6 15,874.3
497 Ahold Netherlands Food & drug retailers 13.3 15,834.7
498 456 Mitsubishi Electric Japan Industrial engineering 7.4 15,799.2
499 Antofagasta UK Mining 16.0 15,792.7
500 329 National Bank of Greece Greece Banks 26.0 15,763.3

Tuesday, September 20, 2011

JX Holdings

JX Holdings is a Japanese company. It is listed on the Nikkei 225.[1] It formed through the merger of Nippon Oil and Nippon Mining. It sponsors the JX Sunflowers in the Women's Japan Basketball League.

JX Holdings

Sinopec

Image via Wikipedia

China Petroleum & Chemical Corporation Limited (中国石油化工股份有限公司), or Sinopec Limited (simplified Chinese: 中国石化; traditional Chinese: 中國石化; pinyin: Zhōngguó Shíhuà), is a majority owned subsidiary of state owned company Sinopec Group. Sinopec Limited is listed in Hong Kong (HKEX: 0386) and also trades in Shanghai (SSE: 600028) and New York (NYSE: SNP).

Sinopec Limited's parent, Sinopec Group, is one of the major petroleum companies in China, headquartered in Chaoyang District, Beijing.[3] Sinopec's business includes oil and gas exploration, refining, and marketing; production and sales of petrochemicals, chemical fibers, chemical fertilizers, and other chemical products; storage and pipeline transportation of crude oil and natural gas; import, export and import/export agency business of crude oil, natural gas, refined oil products, petrochemicals, and other chemicals. In 2011 it ranked as the 5th largest company in sales in Forbes Global 2000.[4][5]In 2009, it was ranked 9th by Fortune Global 500 becoming the first Chinese corporation to make the top ten and in 2010 it was ranked 7th.[6] In 2007, it ranked first in the Top 500 Enterprises of China ranking.[7]

Contents [hide]

1 Corporate history

2 Recent history outside China

3 Environmental record

4 References

5 External links

[edit]Corporate history

Sinopec Limited was established as a joint stock entity under the China Petrochemical Corporation Group (Sinopec Group) in February 2000. The company was simultaneously listed in Hong Kong, New York, and London in October 2000. A Shanghai listing was completed in June 2001.

Given its legacy asset base from Sinopec Group, analysts have categorized it as a more upstream oil player than PetroChina.[8] Sinopec is the largest oil refiner in Asia by annual volume processed. Sinopec produces around 1/4 as much raw crude oil as PetroChina, but produces 60% more refined products per annum.

In December 2006, Sinopec acquired the assets of Shengli Petroleum, whose main asset was a maturing domestic oil field, in order to stabilize its crude inputs and raise the utilization rate of its existing refineries.

[edit]Recent history outside China

Sinopec signed an evaluation deal with Gabon in 2004. During his African visit that year Chinese President Hu Jintao signed a series of bilateral trade accords with his Gabonese counterpart Omar Bongo, including a "memorandum of agreement aimed at showing the parties' desire to develop exploration, exploitation, refining and export activities of oil products". Three onshore fields were to be explored. One of the three blocks, LT2000, is some 200 kilometers (120 miles) southeast of Gabon's economic hub, Port Gentil, which lies south of the capital, Libreville, on the Atlantic coast. The other two - DR200 and GT2000 - are around 100 kilometres (60 miles) northeast of Port Gentil, according to the Gabonese oil ministry.[9]

Sinopec's filling stations are a frequent sight on China's roads and rivers

Sinopec Corporation is a partner in Petrodar Operating Company Ltd., a consortium whose partners also include China National Petroleum Corporation (CNPC, the 90 per cent owner of PetroChina) and Sudapet (the Sudanese state-owned oil company), among others. In August, 2005, Petrodar commenced production of oil in blocks 3 and 7 in South-east Sudan. In December, 2005, Petrodar announced that its first shipment of crude oil would be shipped from Sudan in January, 2006. Petrodar's operations represent a major increase in overall Sudanese oil production. In West Africa, Sinopec is also looking at acquiring other petroleum companies. Sinopec completed a takeover of Calgary-based Addax Petroleum for $7.5 billion marking China's biggest foreign takeover. Sinopec is also looking into other companies such as ERHC Energy which has multiple oil block assets in the Joint Development Zone.[10]

In November 2005, Sinopec Group announced plans to partner with CNPC to purchase an oil field in Sudan, and has reportedly indicated an interest in expanding its business in Sudan.[11]

In 2007, in eastern Ethiopia’s Ogaden Desert, a raid by an ethnic Somali rebel group on a Sinopec drilling site left 74 dead including 9 Chinese oil workers, and 7 kidnapped on 24 April 2007. The rebels, the Ogaden National Liberation Front (ONLF), later released the seven abductees and warned foreign companies against working in the area. Sinopec said it had no plans to pull out of the resource-rich region despite the attack. Chinese Foreign Ministry spokesperson Liu Jianchao says that China strongly condemns the violent attack carried out by Somalian insurgents on the premises of the oil company Sinopec in Ethiopia.[12]

In February 2007, Saudi Aramco and Exxon signed a deal with Sinopec to revamp the Fujian oil refinery and triple its capacity to 240,000 barrels per day (38,000 m3/d) by 2009. Aramco, Exxon and Sinopec also signed contracts for a fuel marketing venture that will manage 750 service stations and a network of terminals in Fujian province.[13] Unipec, a subsidiary of Sinopec, signed a contract with French oil company Total Gabon in February 2002. Under the contract China, for the first time, bought Gabonese crude oil.[14] In the African nation of Gabon, Sinopec's joint ventures in oil exploration have been accused of violating environmental conventions by the government of Gabon. Its activities in Gabon's national parks were suspended in September, 2006, by the Gabonese national parks council.[15]

On April 13, 2010 Company announced acquisition of Conoco Phillips's 9% stake in the Canadian oil sand firms, Syncrude, for £3bn. The deal was granted regulatory approval from the Canadian government on June 25, 2010.[16]

[edit]Environmental record

In 2004, Sinopec prospected for oil in the 1,550 square kilometers of Loango National Park in southern Gabon and encountered criticism for what domestic and foreign environmental critics said were poor and damaging methods.[17] Primatology professor Christophe Boesch of the US-based environmental organization, the Wildlife Conservation Society (WCS), criticized the use of dynamite and heavy machinery in exploration and road construction by Sinopec through park, noting that it might drive native Gorillas deeper into the jungle, where they would be outside legal restrictions on hunting.[18] Gabonese law states that industries can extract oil from national parks, but must rehabilitate them to the prior condition. Boesch, and other international experts, have suggested that Sinopec use other methods such as horizontal drilling to minimize its environmental footprint.[15] Sinopec's activities in Gabon's national parks were suspended in September, 2006, by the Gabonese national parks council.[15] In 2007, Sinopec redid its earlier environmental study, this time in conjunction with the Gabonese environmentalist group Enviropass and the World Wildlife Foundation, winning high marks from Gabonese, Western, and Chinese conservation experts. Shortly thereafter, Sinopec resumed production with more environmentally friendly methods.[19]

China's top environmental watchdog warned Sinopec in 2007 to stop operations at one of its oil fields due to chronic river pollution. Zhongyuan Oilfields Petrochemical Company, a unit of Sinopec, had failed to meet waste water treatment requirements and had been ordered to pay a pollution fine and operations had to be halted, according to the State Environmental Protection Administration (SEPA).[20]

Guangdong Provincial Environment Bureau (GPEB had also issued a red sign warning to 19 companies, including Sinopec Guangzhou, in February 2008. By GPEB’s standard, the companies that have involved in excessive emissions or caused serious environmental pollution accidents will be given the red sign warning and will be placed under strict supervision.[21]

On Wednesday, July 28, 2010, an explosion at an abandoned Sinopec plastics and chemicals factory in the Qixia District of Nanjing, China killed at least 12 people and seriously injured 15 more.