Tsinghua Tongfang Co., Ltd.
SHA:600100 ISIN:CNE000000RK9
News
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 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.
The China CleanTech Index outperformed all of its four benchmarks for the month of March 2015 and recorded a huge gain of 16.2%. This was driven by both strong gains across all Chinese stocks and the positive government sentiment towards environmental initiatives expressed at the National People's Congress.
The China CleanTech Index provides the April-June 2014 quarterly performance report. It includes: China CleanTech Index overview, China CleanTech Index performance, component sub-indicies and index component companies.
The cleantech sector is fundamentally different to Socially Responsible Investments (SRI) or Environmental, Social and Governance (ESG) performance. SRI and ESG look at incremental improvements in company performance and can be seen as 'operational hygiene' measures that find the best in class. Cleantech focuses on companies whose output positively enhances the communities and ecologies in which they reside. It is about doing 'more good' rather than 'less bad'.
The China CleanTech Index provides the definitive measure of the performance of Chinese cleantech companies that are listed on stock exchanges around the world.
Building investment links between Chinese companies and Australia will be the basis of a presentation by Tsinghua Tongfang Company (THTF)(SHA:600100) deputy general manager for Australia, Eddy Wu, during next month's Excellence in Mining and Exploration conference.
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