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May 2015 Result, Big Ups and Downs Deliver Flat Month
May 2015 Result, Big Ups and Downs Deliver Flat Month
Sydney, June 5, 2015 AEST (ABN Newswire) - The China CleanTech Index recorded a 0.1% gain in May 2015 underperforming three its global benchmarks.

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

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 (SHE:300219)
Guangzhou Zhiguang Electric (SHE:002169)
Jiangxi Lianchuang Optoelec.Sc&Tech. (SHA:600363)
Suzhou Hailu Heavy Industry. (SHE:002255)
Tellhow Sci-Tech (SHA:600590)
Tianli Environmental Protection Eng (SHE:300156)
Tsinghua Tongfang (SHA:600100)
Xiamen Changelight (SHE:300102)
Dalian East New Energy Development (SHE:300125)
Xiamen Savings Environmental (SHE:300056)
Shenzhen Sunwin Intelligent (SHE:300044)
Suntech Power Holdings (NYSE:STP)
Zhejiang Sunflower Light Energy Science (SHE:300111)
China Sun Group High Tech (OTCMKTS:CSGH)
EVE Energy (SHE:300014)
Shenzhen Desay Battery Technology (SHE:000049)
China Industrial Waste Management (OTCMKTS:CIWT)
Jiangxi Sanchuan Water Meter (SHA:300066)

Worst Performers
Share Price Loss > 20%

Ledman Optoelectronic (SHE:300162)
Zhejiang Yankon Group (SHA:600261)
Beijing SPC Environment Protection Tech (SHE:002573)
Hanergy Thin Film Power Group (HKG:0566)
Hareon Solar Technology (SHA:600401)
Jiangsu Akcome Solar Science and Technology (SHE:002610)
Liao Ning Oxiranchem (SHE:300082)
Yingli Green Energy (NYSE:YGE)
Hunan Corun New Energy (SHA:600478)
Shandong Sacred Sun Power Sources (SHE:002580)
China Recycling Energy Corp. (NYSE:CREG)
Power Construction Corporation of China (SHA:601669)
Shanghai Taisheng Wind Power Equipment. (SHE:300129)
Titan Wind Energy (Suzhou) (SHE:002531)

The China Cleantech Index is updated each month and published on the SinoCleantech website at It is published internationally in conjunction with Cleantech Investor ( and in China in conjunction with Top Capital (

Monthly results can be emailed directly to interested parties by signing up to the distribution list at

To view the report, please visit:

About Sino CleanTech

Sino CleanTechSino 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.



John O'Brien
Managing Director, Sino CleanTech
Ph: +61 419 826 372

Dorothy Zhao
Manager, Sino CleanTech
Australia: +61 432 294 989

Related Companies

Zhejiang Yankon Group Co Ltd    
Zhejiang Sunflower Light Energy Science and Tech    
Yingli Green Energy    
Xiamen Savings Environmental Co., Ltd    
Xiamen Changelight Co Ltd    
Tsinghua Tongfang Co., Ltd.     
Titan Wind Energy (suzhou) Co Ltd    
Tianli Enviromental Protection Eng Co    
Tellhow Sci-tech Co., Ltd    
Suzhou Hailu Heavy Industry Co., Ltd    
Suntech Power Holdings Co., Ltd.       
SmartHeat Inc.    
Sino CleanTech    
Shenzhen Sunwin Intelligent Co.,Ltd.    
Shenzhen Desay Battery Tech Co., Ltd.    
Shanghai Taisheng Wind Power    
Shandong Sacred Sun Power Sources Co Ltd    
Power Construction Corporation of China    
Liao Ning Oxiranchem, Inc.    
Ledman Optoelectronic Co Ltd    
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    
EVE Energy Co Ltd    
Dalian East New Energy Developmnt Co Ltd    
China Sun Group High Tech Co    
China Recycling Energy Corp.    
China Industrial Waste Management Inc.    
Beijing SPC Environment Protection Tech    

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