BIZCHINA / Biz Media Digest
Finance: World blue chip challengers
(Xinhua)
Updated: 2006-09-14 14:24
Six companies based on the Chinese mainland are listed as Global
Challengers published in Beijing on Thursday by Standard and Poor's.
COSCO Shipping, China International Marine Cont B HKD, Qinghai Salt Lake
Potash, China Vanke Co B HKD, Dashang Group and Offshore Oil Engineering
are on the list of 300 mid-size companies that are expected to emerge as
challengers to the world's leading blue chip companies.
The list is comprised of those publicly traded companies that show the
highest growth characteristics along dimensions encompassing intrinsic
and extrinsic growth. The international index provider will publish the
list on an annual basis, and will track its performance through annual
publications.
Standard and Poor's said the Global Challengers List was based on a
robust methodology that applies consistent standards to multiple
countries. The attributes used to identify the companies are share price
appreciation, sales growth, earnings growth and employee growth.
(For more biz stories, please visit Industry Updates)
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