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.
Jiangxi Sanchuan Water Meter CO., LTD.
The China CleanTech Index rose from 64.25 to 74.57 over the month of April recording a 16.1% gain. This compared to the NEX gain of 5.1%, the CTIUS gain of 1.1%, the Shanghai Composite gain of 18.5% and the MSCI gain of 2.2%.
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%.