Tibet's listed stocks exceed region's GDP in value
By Xinhua In Lhasa | China Daily | Updated: 2016-02-02 08:16
The capital market of the Tibet autonomous region is prospering, with a market value far exceeding the region's gross domestic product.
Tibet's 12 listed companies reported a total market value of 140.76 billion yuan ($21.4 billion) at the end of 2015, about 1.37 times as much as its GDP for that year, the regional securities regulator said on Sunday.
The region has 11 companies listed on the Shanghai Stock Exchange and one listed on the Hong Kong bourse. The companies cover diverse sectors including food, beverages, tourism, medicine, and mining.
Photo
