February 2015 Result: China CleanTech Companies Continue to Outperform

Sydney, Mar 10, 2015 AEST (ABN Newswire) - The China CleanTech Index recorded a 5.4% gain in February 2015 but still underperformed three of its four benchmarks.

The China CleanTech Index rose from 53.27 to 56.14 over the month of February recording a 5.4% gain. This compared to the NEX gain of 7.8%, the CTIUS gain of 9.3%, the Shanghai Composite gain of 3.2% and the MSCI gain of 5.7%.

The China CleanTech 20 recorded a gain of 3.8% over the month.

The best performing sub-indices for the month were the China Environment Index with a 11.6% gain and the China Storage Index with a 9.8% gain. The two weakest sub-indices through February were the China Hydro Index with 3.8% gain and the China Wind Index with a 2.4% gain.

---------------------------------------------------------------Percentage  2012   2013   2014  Feb    3      6      12     3Change                          2015  Mnths   Mnths  Mnths  Yrs---------------------------------------------------------------(CCTI)     -16.5%  29.2%  18.8% 5.4%  11.9%  20.0%  20.0%  24.8%(CCT20)    -15.5%  24.1%  18.2% 3.8%  15.7%  23.4%  21.0%  16.3%(NEX)       -5.5%  53.7%  -3.2% 7.8%   2.0% -10.5% -10.0%  31.4%(CTIUS)      7.3%  37.0%  -8.4% 9.3%   3.7%  -3.0%  -7.0%  28.5%(SHCOMP)     3.2%  -6.7%  52.8% 3.2%  23.5%  49.3%  61.0%  36.4%(MSCI)      13.2%  24.1%   2.9% 5.7%   1.9%   1.4%   5.8%  36.5%---------------------------------------------------------------CCTI - China CleanTech Index CCT20 - China CleanTech 20 NEX - Wilder Hill New Energy Global Innovation IndexCTIUS - Cleantech Index SHCOMP - China Shanghai Composite Index MSCI - MSCI World 

The market capitalisation of the 165 stocks in the China CleanTech Index is CNY 1.47 trillion (US$235 billion), up a long way from its trough of CNY 604 billion in November 2012.

The month's performance was driven by 11 companies having share price gains of more than 25%. The greatest percentage gains were recorded by Suntech Power Holdings (STP), SmartHeat Inc (HEAT) and China Solar & Clean Energy Solns. (CSOL)

These were partially offset by losses from other companies with only 4 companies having losses of more than 10%. The greatest percentage losses were recorded by Duoyuan Global Water (DGWIY), Sound Global Ltd (0967.HK) and Leader Environmental Technologies Ltd (LS9.SI).

These best and worst performers are shown in the table below.
February 2015
Best Performers
Share Price Gain > 25%

SmartHeat Inc
Canadian Solar
China Solar & Clean Energy Solns
China Sunergy
Suntech Power Holdings
China BAK Battery
Chiho-Tiande Group
China Industrial Waste Management
Novarise Renewable Resources Ltd
Zhongyuan Environment-Protection
Jiangsu Jixin Wind Energy

Worst Performers
Share Price Loss > 10%

Leader Environmental Technologies Ltd
Shunfeng Photovoltaic International
Duoyuan Global Water
Sound Global Ltd

The China Cleantech Index is updated each month and published on the SinoCleantech website at www.sinocleantech.com. It is published internationally in conjunction with Cleantech Investor (www.cleantechinvestor.com) and in China in conjunction with Top Capital (www.topcapital.cn).

Monthly results can be emailed directly to interested parties by signing up to the distribution list at:
http://www.sinocleantech.com/e/cleantech_index.html

To view tables and charts, please visit:
http://media.abnnewswire.net/media/en/docs/79521-FEB2015-ENG.pdf


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.

 

Contact

John O'Brien Managing Director, Sino CleanTech Ph: +61 419 826 372 john.obrien@sinocleantech.com Dorothy Zhao Manager, Sino CleanTech Australia: +61 432 294 989 dorothy.zhao@sinocleantech.com