China Clean Energy Inc.
OTCMKTS:CCGY ISIN:US16939E1010
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 China CleanTech Index underperformed two of its four benchmarks for the month of August 2015 and recorded a loss of 10.3%. This was driven by big losses across all Chinese stocks due to the volatile Shanghai stock exchange.
The China CleanTech Index recorded a 12.2% loss in July 2015 underperforming three its global benchmarks. The losses have been driven by the steep plunge across the board on the Shanghai Stock Exchange.
With over 160 companies falling under the coverage of the Index and with a combined market capitalisation of over 2.2 trillion Renminbi (US$370 billion), the China CleanTech Index presents a picture of the Chinese cleantech industry's growth in a single measure.
The China CleanTech Index rose from 64.25 to 74.57 over the month of April recording a 16.1% gain. This compared to the NEX gain of 5.1%, the CTIUS gain of 1.1%, the Shanghai Composite gain of 18.5% and the MSCI gain of 2.2%.
The China CleanTech Index rose from 52.70 to 53.27 over the month of January recording a 1.1% gain. This compared to the NEX loss of 1.5%, the CTIUS loss of 3.3%, the Shanghai Composite loss of 0.7% and the MSCI loss of 1.9%.
The best performing sub-indices for the month were the China Efficiency Index with a 13.0% gain and the China Storage Index with an 11.6% gain. The two weakest sub-indices through August were the China Waste Index which recorded a gain of only 4.5% and the China Water Index recording a gain of 5.5%.
The best performing sub-indices for the month were the China Hydro Index with a 6.7% gain and the China Efficiency Index with a 1.0% gain. The two weakest sub-indices through July were the China Storage Index which recorded a loss of 7.5% and the China Solar Index recording a loss of 7.3%.
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 China CleanTech Index underperformed all of its four benchmarks for the month of March 2014 and recorded a loss of 4.5%. The China CleanTech Index fell from 46.8 to 44.7 over the month of March recording a 4.5% loss. This compared to the NEX loss of 2.5%, the CTIUS loss of 0.9%, the Shanghai Composite loss of 1.1% and the MSCI loss of 0.1%. The China CleanTech 20 fared worse with a loss of 5.7%.
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