When speaking of global growth, the buzzword in the markets is China. Although Chinese GDP has slowed in the past two quarters, the country has maintained an average growth rate of about 10.2% since 2006, far outstripping growth in most Western economies. Since January 1, 2009, out of the 870 components on the Shanghai Composite Index, 19 have experienced share price growth of over 500%, while 553 companies have seen share price growth above 100%.
Over this period, the Shanghai Index is up 65%, while the NYSE Composite is up 29% and only one US stock, Ford Motor (+502.6%), can rival the share price appreciation of the fastest-growing Chinese companies. But even Ford would still only just barely crack the top 20.
The fastest growing companies are listed here as the firms with the highest share price appreciation from market close on December 31, 2008 through October 20, 2010 on the Shanghai Composite Index. These companies must also have a current share price above $3 (USD). All prices and market caps are displayed in US dollars.