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 The biggest stock collapse in world history is set to get worse

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RR Phantom

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Location : Wabbit Hole
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PostSubject: The biggest stock collapse in world history is set to get worse    Mon Oct 30, 2017 7:13 pm

It's going to take more than the biggest stock slump in world history to convince analysts that PetroChina has finally hit bottom.



Ten years after PetroChina peaked on its first day of trading in Shanghai, the state-owned energy producer has lost about $US800 billion ($1.04 trillion) of market value - a sum large enough to buy every listed company in Italy, or circle the Earth 31 times with $US100 bills.

http://www.smh.com.au/business/markets/the-biggest-stock-collapse-in-world-history-is-set-to-get-worse-20171029-gzamw2.html
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