Here's a fun science project. We're going to make a trillion-dollar company. Better strap on your safety goggles for this one.
Take a wildly popular, $450 billion firm that's listed on various stock exchanges around the world, and run an IPO in mainland China, the company's home turf. You don't need to issue a whole lot of shares to make this experiment work, by the way -- something like 2% of the total should do the trick.
Price the shares at a discount, so that they're affordable for the People. You know they're going to bid the heck out of them, so why not score some popularity points with the punters in the process?
Because Chinese investors aren't free to shop around outside the People's Republic, this is their only crack at the company's catapulting shares. As is the case with dual-listed Aluminum Corp. of China
After the enthusiasm surrounding PetroChina's
In the real world, the share price of PetroChina has been dealt with rather harshly this week. Compared with the resources of ExxonMobil