A 4-quarter share in the oil market or raise $ 6,000,000,000.

<P>: Http:// News, China's largest oil and gas group - PetroChina (PetroChina) has decided to select UBS AG (UBS) as listed in mainland China underwriters. .The listing of PetroChina is expected to raise up to 60 billion dollars into the mainland market financing for one of the largest listed issuer. .</ P> <P> PetroChina announced returnees A feast of blue-chip shares usher </ P> <P> PetroChina is the latest in the Shanghai Stock Exchange decided to seek large state-owned enterprises. .The move highlights the Chinese government is issuing new shares by increasing the amount of effort to curb investor hysteria. .The Shanghai Composite Index closed at 3821.92 points yesterday, down 2.36%. .This year's Shanghai Composite Index is up more than 40%. .</ P> <P> of oil: the stock market return of A shares will avoid the frenzy of the </ P> <P> This transaction also highlights the UBS market share of Chinese companies listed on the determination of a large piece of cake. .5 months ago, the Swiss bank acquired control of a Chinese brokerage, which has the arrangement in the mainland stock issuance transaction status. .UBS last week, the Chinese lead and zinc producers underwriting - Western Mining (Western Mining) initial public offering (IPO). .The stock rose 144% in the first trading day. .UBS is the only Western Mining IPO underwriters, but in the listing and trading of oil, it is expected it will work with China's domestic securities companies. .UBS declined to comment on the issue. .PetroChina's A share market is still subject to regulatory and shareholder approval. .</ P> <P> the oil like the 4th quarter of this year, but it still depends on the specific timetable for securities regulators from China - China Securities Regulatory Commission (CSRC) to obtain approval of the speed. .PetroChina is expected to issue up to 400 million new shares. .It will use the offering proceeds to buy overseas oil and gas resources, and for domestic exploration and development projects for funding support. .</ P> <P> the distribution of oil trading could become China's second largest market activity, after the Industrial and Commercial Bank of China (ICBC) of the IPO. .ICBC was listed last year, some of which issued in the Mainland to raise 6.1 billion dollars. .The Chinese government has been encouraging in Hong Kong and other overseas markets, large enterprises are listed on the Shanghai-listed mainland. .There are also some large state-owned enterprises listed on the Shanghai Stock Exchange plans, including China Mobile (China Mobile). .If China Mobile successfully landed the mainland market, its IPO will almost certainly create a new record of issue size. .</ P> <P> relevant reports: </ P> <P> Asia's most profitable oil company last year earned 900 billion </ P> <P> high profits of oil: profit of 175.6 billion yuan went to what? < ./ P>.