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.
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