China Clean Energy Inc.
OTCMKTS:CCGY ISIN:US16939E1010
China Clean Energy Inc. (OTCMKTS:CCGY) through its wholly owned subsidiary, Fujian Zhongde Technology Co., Ltd., is engaged in the development, manufacturing, and distribution of biodiesel and specialty chemical products made from renewable resources. The Company is engaged in the synthesization and distribution of renewable fuel products and specialty chemicals to customers in both the People’s Republic of China and other countries.
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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%.
The China CleanTech Index rose from 44.37 to 44.93 over the month of January recording a 1.3% gain. This compared to the NEX gain of 3%, the CTIUS loss of 5.8%, the Shanghai Composite loss of 3.9% and the MSCI loss of 3.8%.
The China CleanTech Index rose strongly in July 2013 to resume its strong performance from earlier in 2013. Over the month, the Index outperformed all but one of its four benchmarks.
The China CleanTech Index fell slightly in April 2013 to consolidate some of the strong gains of the first quarter. Over the month, the Index outperformed only one of its four benchmarks.
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