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BHP hits $50 on fresh China stake rumours

BHP Billiton’s share price hit an all-time high of $A50 today on the Australian bourse on reports that the Chinese may be looking to team up with an Australian superannuation and investment fund to take a 9% stake in the world’s largest miner.

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BHP hits $50 on fresh China stake rumours

The stock rose as much as $2.02 (4.2%) to hit the $50 mark on the ASX this morning with more than 6.5 million shares changing hands by 11.30 EST. The Australian newspaper today reported, without revealing...

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