| BUSINESSWEEK ONLINE : OCTOBER 23, 2000 ISSUE | ||||||||
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| INTERNATIONAL -- ASIAN BUSINESS
China's Best and Biggest Go to Market PETROCHINA China's biggest oil-and-gas producer raised $2.9 billion in April. BP Amoco is a major shareholder. CHINA MOBILE The world's second-largest telecom company plans to launch $6.5 billion secondary offering, including a $2.5 billion investment from Vodafone, in October. CHINA UNICOM China's No. 2 cellular phone company raised $5.6 billion in June in China's biggest-ever offering. CHINA PETROLEUM & CHEMICAL (Sinopec) Expects to raise up to $4.2 billion on Oct. 19. ExxonMobil, BP Amoco, and Royal Dutch/Shell have agreed to invest up to $1.2 billion in the deal. BANK OF CHINA China's third-largest and most profitable bank expects to list by 2002, prompting more transparency and a break with financial system central control. DATA: COMPANY REPORTS, BUSINESS WEEK _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ |
RELATED ITEMS Investors to China: Open Those Books (int'l edition) TABLE: China's Best and Biggest Go to Market INTERACT E-Mail to Business Week Online | |||||||
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