- On September 28, 2026, the company's management held a teleconference with the material purchasing departments in Beijing and Shenzhen regarding artificial intelligence products.
- On September 22, 2026, the company's management held a teleconference with the Vietnamese environmental protection project company.
- On September 15, 2026, the company's management held a meeting with relevant Turkish authorities to discuss the details and plans for the China-Turkish cultural exchange activities to be held in Turkey in the first half of next year.
- On September 8, 2026, the company's management held a video conference with leading domestic environmental protection enterprises.
- On September 1, 2026, the company's management team held a video conference with the management team of the Singapore company.
Home
>
News
>
Financial News
More
NEWS
Financial News
Apple is Toppled by Oil Giant Saudi Aramco as the Most Valuable Listed Company
In the largest initial public offering in history, a state-owned oil and gas behemoth in Saudi Arabia became the most valuable publicly traded company in the world.
Saudi Arabian Oil Co., aka Saudi Aramco, has just priced its shares at $8.53, which the Wall Street Journal reports is on the higher end of its target range. That figure would give Saudi Aramco a staggering valuation of $1.7 trillion, overtaking Apple's current market value of $1.15 trillion.
Having raised $25.6 billion, the IPO's dollar value also easily eclipsed the current record-holder, China's Alibaba, which raised $25 billion back in 2014.
Toppling American and Chinese tech giants in the record books is clearly a symbolic coup for Saudi crown prince Mohammed bin Salman, but as R-euters points out, the valuation will still fall significantly short of his sought-after goal of $2 trillion. (Of course, it's not too late to start a $300 billion GoFundMe.)
Saudi Aramco began trading on the Saudi stock exchange Tadawul on December 11.
(from http://www.kekenet.com/read/201912/602059.shtml）