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There has been much chatter recently about the market capitalization of Chinese stocks. It is true that PetroChina (NYSE:PTR) is the first trillion dollar company; however, four of the five Shanghai Composite stocks appearing in our Top 20 list are also listed on Hong Kong's Hang Seng index. Maybe not a hugely significant fact, but while the Shanghai Composite is considered "emerging," the Hang Seng is considered "developed."

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Source: Duly Listed Chinese Equities Top List of World's Biggest Companies