Hanwha SolarOne (NASDAQ:HSOL) is a global top class renewable energy company. It was newly born as Hanwha SolarOne after Hanwha Group took over Solarfun Power Holdings in 2010.
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 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.
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 rose from 42.56 to 45.34 over the month of November recording a 6.5% gain. This compared to the static NEX, the CTIUS gain of 2.4%, the Shanghai Composite gain of 3.7% and the MSCI gain of 1.6%.
The China CleanTech Index provides the definitive measure of the performance of Chinese cleantech companies that are listed on stock exchanges around the world.
The best performing sub-indices for the month were the China Storage Index with a 5.6% gain and the China Solar Index with a 3.4% gain. Of the 12 stocks that recorded gains of more than 20% over the month, four of these were energy storage companies and three were solar companies. The two weakest sub-indices through August were the China Waste Index which recorded a loss of 11.1% and the China Water Index recording a loss of 2.0%.
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 provides the definitive measure of the performance of Chinese cleantech companies that are listed on stock exchanges around the world.
The China CleanTech Index rose strongly in May 2013 to continue its strong performance for the year. Over the month, the Index outperformed all but one of its four benchmarks.
