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
On 'Here In The Pitch,' Jessica Pratt's Pop Seduces Listeners Into A Los Angeles Noir
The singer-songwriter's fourth album is her best yet, with crisp, commanding songwriting, shades of '60s baroque pop and melodies that seem to have existed forever.
NPR3 min read
Houston Area Braces For Flooding To Worsen Following Storms
A flood watch remained in effect through Sunday afternoon as forecasters predicted additional rainfall Saturday night, bringing another 1 to 3 inches of water to the soaked region.
NPR5 min readInternational Relations
Campus Protests Over The War In Gaza Have Gone International
Students in the U.K., France and Mexico have sought to erect what many of them call "solidarity encampments," prompting a variety of responses from university authorities and local law enforcement.

Related Books & Audiobooks