The Chinese are coming! PetroChina shares more than double in Shanghai debut SHANGHAI (Reuters) - Shares in PetroChina (601857.SS) more than doubled in their market debut on Monday after raising $9 billion in the world's biggest IPO this year, surging past analysts' expectations as China's top producer enjoys soaring crude prices. The strong debut gave PetroChina a market value of around $1 trillion, double the world's second biggest company, rival oil giant Exxon Mobil (XOM.N), at $488 billion, although only 2 percent of its shares are traded on the Shanghai market. Critics have linked PetroChina to genocide in the Darfur region of Sudan and called on Mr. Buffett to sell his stake in the Chinese oil company. That stake was worth $3.3 billion at year end, up from an original $488 million. news.yahoo.com/s/nm/20071105/bs_nm/petrochina_ipo_shanghai_dc_3 http://www.nytimes.com/2007/11/03/business/03berkshire.html Maybe there's a business model in destroying 419'rs?