With over 160 companies falling under the coverage of the Index and with a combined market capitalisation of over 2.2 trillion Renminbi (US$370 billion), the China CleanTech Index presents a picture of the Chinese cleantech industry's growth in a single measure.
Xiamen Savings Environmental Co., Ltd
The best performing sub-indices for the month were the China Efficiency Index with a 28.9% gain and the China Waste Index with a 19.8% gain. The two weakest sub-indices through May were the China Solar Index with 24.2% loss on the back of the issues at Hanergy and the China Hydro Index with a 5.7% loss.
The China CleanTech Index provides the April-June 2014 quarterly performance report. It includes: China CleanTech Index overview, China CleanTech Index performance, component sub-indicies and index component companies.
The China CleanTech Index recorded a 2.9% gain in May 2014 and outperformed all of its four benchmarks. The Index rose from 42.19 to 43.43 over the month of May recording a 2.9% gain. This compared to the NEX gain of 2.2%, the CTIUS gain of 1.4%, the Shanghai Composite gain of 0.6% and the MSCI gain of 1.6%.
The China CleanTech Index recorded a 2.1% gain in October 2013 but underperformed against three of its four benchmarks. The China CleanTech Index rose from 41.68 to 42.56 over the month of October recording a 2.1% gain. This compared to the NEX gain of 5.1%, the CTIUS gain of 3.5%, the Shanghai Composite loss of 0.9% and the MSCI gain of 3.8%.