The China CleanTech Index underperformed two of its four benchmarks for the month of August 2015 and recorded a loss of 10.3%. This was driven by big losses across all Chinese stocks due to the volatile Shanghai stock exchange.
Zhejiang Reclaim Construction Group
Zhejiang Reclaim Construction Group is principally engaged in the engineering construction and related technology services. The Company's engineering construction business involves in sea dykes, river courses, water reservoirs and city flood banks, among others. The Company conducts its business primarily in east China and southwest China.
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%.