NPR

Error Briefly Makes Chinese Education Firm World's Most Valuable Company

For less than 10 minutes on Thursday, a company that operates eight private schools could claim a market capitalization of $5.14 trillion.
Students at Hailiang Foreign Language School in Zhuji watch robots performing in a class in March. The operator of the school, Hailiang, saw its stock price reach unprecedented — and erroneous — heights Thursday.

For about eight minutes on Thursday, Hailiang Education Group outshone Apple, Alphabet and other titans, with a market capitalization that streaked past $5 trillion. But then a market error

You’re reading a preview, subscribe to read more.

More from NPR

NPR4 min read
Pro-Palestinian Campus Protesters Face Looming Deadlines And Risk Of Arrest
Hundreds of students have been arrested for participating in pro-Palestinian protests in recent days. And some schools, like Columbia and GW, have given them deadlines to dismantle their encampments.
NPR3 min readAmerican Government
Trump's Immunity Arguments And The Experiences Of The Justices Who Might Support It
Five of the six conservatives spent much of their lives in the Beltway, working in the White House and Justice Department, seeing their administrations as targets of unfair harassment by Democrats.
NPR4 min read
Taylor Swift Fans Mean Business With Tortured Poets Soap, Eras Yarn, Kelce Cookies
Entrepreneurial Swifties are selling crafty products inspired by Taylor Swift's music and style. Swift herself has been known to send notes and even homemade gifts to creative super-fans.

Related Books & Audiobooks