The Shanghai Stock Exchange may rank among the
world's top ten bourses in terms of market value, as more giant Chinese firms
return to list on the mainland.
The total market value of the Shanghai Stock Exchange was 10.71 trillion yuan
(US$1.34 trillion) at Monday's closing, with yuan-denominated A shares valued at
10.64 trillion yuan and hard-currency B shares at 70.86 billion yuan.
The market value of the Swiss bourse, ranked the 10th according to a November
2006 ranking, was 9.25 trillion yuan, less than that of Shanghai.
Shanghai is expected to see its market value grow further with large red-chip
enterprises like China Mobile, PetroChina and CNOOC listing there.
The total market value of the Shanghai and Shenzhen stock exchanges, standing
at 13.76 trillion yuan on Monday's close, for the first time exceeded that of
Hong Kong Stock Exchange reported on April 4 by a margin of 70 billion
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