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Guangzhou public limited companies increase 100 billion yuan in value
Latest Updated by 2007-01-22 15:46:00
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By Friday (Jan 19), 27 Guangzhou public limited companies' total stock value had reached 215.8 billion yuan, a new high.

This figure represents 34.61 percent of Guangzhou's GDP, compared with last year's 27.43 percent. It means the increase of the stock value is up to 100 billion yuan within a year. Guangzhou Shipyard International Company Limited and Guangzhou Pearl River Industrial Development Co., Ltd. were the first Guangzhou companies to be listed in stock market in 1993.

Since then, the number of the city's public limited companies has increased to the present 27, accounting for 17 percent of Guangdong's total 163 public limited companies.

Editor: Yan

By: Source: Radio Guangdong website
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