The China CleanTech Index rose from 74.57 to 74.68 over the month of May recording a 0.1% gain. This compared to the NEX gain of 2.4%, the CTIUS gain of 1.8%, the Shanghai Composite gain of 3.9% and the MSCI gain also of 0.1%.
The China CleanTech 20 had a poor month with big losses from some of the larger stocks leading to a 5.7% loss over the month.
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.
--------------------------------------------------------------- 2012 2013 2014 05-2015 3m 6m 12m 3y --------------------------------------------------------------- (CCTI) -16.5% 29.2% 18.8% 0.1% 33.0% 48.9% 72.0% 86.8% (CCT20) -15.5% 24.1% 18.2% -5.7% 26.7% 46.6% 71.7% 61.8% (NEX) -5.5% 53.7% -3.2% 2.4% 10.7% 12.9% 3.8% 88.6% (CTIUS) 7.3% 37.0% -8.4% 1.8% 1.7% 5.4% -3.7% 50.0% (SHCOMP) 3.2% -6.7% 52.8% 3.9% 39.3% 72.0% 126.2% 94.5% (MSCI) 13.2% 24.1% 2.9% 0.1% 0.4% 2.3% 3.7% 51.1% ---------------------------------------------------------------
CCTI - China CleanTech Index
CCT20 - China CleanTech 20
NEX - Wilder Hill New Energy Global Innovation Index
CTIUS - Cleantech Index
SHCOMP - China Shanghai Composite Index
MSCI - MSCI World
The market capitalisation of the 167 stocks in the China CleanTech Index is CNY 2.2 trillion (US$358 billion), up a long way from its trough of CNY 604 billion in November 2012.
The month's performance was driven by 18 companies having share price gains of more than 40%. The greatest percentage gains were recorded by China Sun Group High Tech Co. (CSGH.OB), Shenzhen Sunwin Intelligent (300044.SZ) and China Industrial Waste Management (CIWT).
These were mostly offset by losses from other companies with 15 companies having losses of more than 20%. Five of these were in the solar sector. The greatest percentage losses were recorded by Ledman Optoelectronic (300162.SZ), SmartHeat Inc (HEAT), Hareon Solar Technology (600401.SS) and Hanergy Thin Film Power Group (0566.HK).
These best and worst performers are shown in the table below.
May 2015
Best Performers
Share Price Gain > 40%
Guangzhou Hongli Opto Electronic (

Guangzhou Zhiguang Electric (

Jiangxi Lianchuang Optoelec.Sc&Tech. (

Suzhou Hailu Heavy Industry. (

Tellhow Sci-Tech (

Tianli Environmental Protection Eng (

Tsinghua Tongfang (

Xiamen Changelight (

Dalian East New Energy Development (

Xiamen Savings Environmental (

Shenzhen Sunwin Intelligent (

Suntech Power Holdings (

Zhejiang Sunflower Light Energy Science (

China Sun Group High Tech (

EVE Energy (

Shenzhen Desay Battery Technology (

China Industrial Waste Management (

Jiangxi Sanchuan Water Meter (

Worst Performers
Share Price Loss > 20%
Ledman Optoelectronic (

SmartHeat (

Zhejiang Yankon Group (

Beijing SPC Environment Protection Tech (

Hanergy Thin Film Power Group (

Hareon Solar Technology (

Jiangsu Akcome Solar Science and Technology (

Liao Ning Oxiranchem (

Yingli Green Energy (

Hunan Corun New Energy (

Shandong Sacred Sun Power Sources (

China Recycling Energy Corp. (

Power Construction Corporation of China (

Shanghai Taisheng Wind Power Equipment. (

Titan Wind Energy (Suzhou) (

The China Cleantech Index is updated each month and published on the SinoCleantech website at www.sinocleantech.com. It is published internationally in conjunction with Cleantech Investor (www.cleantechinvestor.com) and in China in conjunction with Top Capital (www.topcapital.cn).
Monthly results can be emailed directly to interested parties by signing up to the distribution list at http://www.sinocleantech.com/e/cleantech_index.html' target=_blank>http://www.sinocleantech.com/e/cleantech_index.html' target=_blank>http://www.sinocleantech.com/e/cleantech_index.html
To view the report, please visit:
http://media.abnnewswire.net/media/en/docs/80112-MAY2015-ENG.pdf' target=_blank>http://media.abnnewswire.net/media/en/docs/80112-MAY2015-ENG.pdf' target=_blank>http://media.abnnewswire.net/media/en/docs/80112-MAY2015-ENG.pdf
About Sino CleanTech
Sino CleanTech publishes the China CleanTech Index and facilitates Chinese Cleantech investments and provides services to Government agencies across Asia to help stimulate investment in the Cleantech industry. These investments include looking at listed cleantech stocks and direct investment into projects and companies. Sino Cleantech is active in facilitating:
- Investment from Chinese investors into cleantech in both China and internationally; and
- Investment from international investors into the Chinese cleantech market.
Please contact us if you are looking for funding or seeking investments.
Contact
John O'BrienManaging Director, Sino CleanTech
Ph: +61 419 826 372
john.obrien@sinocleantech.com
Dorothy Zhao
Manager, Sino CleanTech
Australia: +61 432 294 989
dorothy.zhao@sinocleantech.com
Related Companies
Zhejiang Sunflower Light Energy Science and Tech
Xiamen Savings Environmental Co., Ltd
Titan Wind Energy (suzhou) Co Ltd
Tianli Enviromental Protection Eng Co
Suzhou Hailu Heavy Industry Co., Ltd
Suntech Power Holdings Co., Ltd.
Shenzhen Sunwin Intelligent Co.,Ltd.
Shenzhen Desay Battery Tech Co., Ltd.
Shandong Sacred Sun Power Sources Co Ltd
Power Construction Corporation of China
Jiangxi Sanchuan Water Meter CO., LTD.
Jiangxi Lianchuang Optoelectric
Jiangsu Akcome Science and Technology Co Ltd
Hunan Corun New Energy Co., Ltd.
Hareon Solar Technology Co Ltd
Hanergy Thin Film Power Group Ltd
Guangzhou Zhiguang Electric Co., Ltd
Guangzhou Hongli Opto Electronic Co Ltd
Dalian East New Energy Developmnt Co Ltd
China Industrial Waste Management Inc.
Beijing SPC Environment Protection Tech