You are here

Govt measures to prop up stock market raise PetroChina's volatility

A gauge of 30-day price swings in PetroChina's Shanghai-listed shares jumped to the highest since December 2007 last week.

Hong Kong

PETROCHINA Co has about 11 billion barrels of oil reserves, half a million employees and sales that exceed the annual economic output of South Africa. Not too long ago, stats like that were important to traders of PetroChina shares. Now, they could hardly matter less.