China's stock market value tops US$10t for first time
Companies with a primary listing in China saw their value soar US$6.7t in 12 months, Bloomberg data shows
Hong Kong
THE value of Chinese stocks rose above US$10 trillion for the first time, the latest milestone for the nation's world-beating rally.
Companies with a primary listing in China are valued at US$10.05 trillion, an increase of US$6.7 trillion in 12 months, according to data compiled by Bloomberg. The gain alone is more than the US$5 trillion size of Japan's entire stock market. The US is the biggest globally, at almost US$25 trillion.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Thailand to increase daily minimum wage to 400 baht in Oct
UK set for weak growth and highest inflation in G7, OECD says
German manufacturing downturn eases in April, PMI survey shows
India RBI's FX intervention eases as conditions turn favourable for rupee
Swiss inflation accelerates faster than expected in April
OECD upgrades global growth outlook as US outperforms