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China CleanTech Index - Small Loss Led by Environment and Wind Sectors
China CleanTech Index - Small Loss Led by Environment and Wind Sectors
Sydney, June 20, 2016 AEST (ABN Newswire) - The May 2016 Performance Report for the China CleanTech Index is now available.

The China CleanTech Index outperformed two of its four benchmarks for the month of May 2016 and recorded a loss of 0.5%.

The best performing sub-indices for the month were the China Efficiency Index with an 8.5% gain and the China Waste Index with a 1.8% gain. The two weakest sub-indices through May were the China Environment Index with 4.9% loss and the China Wind Index with a 1.8% loss.

The month's performance was driven by 11 companies having share price losses of more
than 15%. The greatest percentage losses were recorded by Hanwei Energy Services (TSE:HE) (OTCMKTS:HNWEF), China Energy Recovery (OTCMKTS:CGYV) and China Sunergy (OTCMKTS:CSUNY).

These were partially offset by gains from 5 companies of more than 15%. The greatest
percentage gains were recorded by China Clean Energy (OTCMKTS:CCGY), Tsinghua Tongfang(SHA:600100) and Guangzhou Hongli Opto Electronic (SHE:300219).

The market capitalisation of the 162 stocks in the China CleanTech Index is RMB 1.7 trillion (US$264 billion).

China & Environment Provides Strong Investment Thesis

The combined investment themes of China and environment provide a compelling case for investment. The sector remains volatile as it matures and reacts to environmental and industry development policy shifts. The quality and scale of the companies included in the sector varies widely and strong research into both sub-sectors and companies is essential before committing to the sector. However, the cleantech sector in China presents a very strong medium term investment thesis and the China CleanTech Index provides the first level of data to enable informed investment decisions to be made.

For information on the China Cleantech Index profile and the constituents of the China Cleantech 20, see the reports available at:
http://www.sinocleantech.com

To view the report, please visit:
http://abnnewswire.net/lnk/L071SZRG


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.

 


Contact

John O'Brien
Managing Director, Sino CleanTech
Phone: +61-419-826-372
Email: john.obrien@sinocleantech.com

Dorothy Zhao
Manager, Sino CleanTech
Phone: +61-432-294-989
Email: dorothy.zhao@sinocleantech.com



Related Companies

Tsinghua Tongfang Co., Ltd.     
Sino CleanTech    
Hanwei Energy Services    
Guangzhou Hongli Opto Electronic Co Ltd    
China Sunergy Co Ltd    
China Energy Recovery Inc.    
China Clean Energy Inc.    

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