Environment and Water lead Strong Month
The best performing sub-indices for the month were the China Environment Index with a 10.8% gain and the China Water Index with a 10.3% gain. The two weakest sub-indices through August were the China Efficiency Index with 0.8% loss and the China Solar Index with a 0.8% gain.
The month's performance was driven by 16 companies having share price gains of more than 15%. The greatest percentage losses were recorded by China Singyes Solar Tech. (0750.HK), Heilongjiang Interchina Water Treatment (600187.SS) and Trina Solar (TSL).
The market capitalisation of the 162 stocks in the China CleanTech Index is RMB 1.9 trillion (US$282 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 www.sinocleantech.com
To view tables and figures, please visit:
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.
Trina Solar Limited
China Singyes Solar Technologies Holdings Limited