BOFIT Viikkokatsaus / BOFIT Weekly Review 2015/36
2014 - 2015 rankings of world’s largest companies by total revenue
Source: Fortune Global 500
The skyrocketing rise in share prices in the first half boosted the market capitalisations of Chinese firms, catapult-
ing them into the highest tier of global firm valuations. US firms occupied five of the top spots in the Financial Times FT Global 500 list as of end-March. The company with the world’s highest market capitalisation was Apple ($725 billion). Petro China ($330 billion) rose to sixth position on the FT list and ICBC ($275 billion) to ninth.