China CleanTech August 2015 Result: Another Tough Month in China
Sydney, Sep 15, 2015 AEST (ABN Newswire) - 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 best performing sub-indices for the month were the China Hydro Index with a 7.1% loss and the China Solar Index with an 8.5% loss. The two weakest sub-indices through August were the China Efficiency Index with a 17.1% loss and the China Environment Index with a 14.9% loss.
The market capitalisation of the 164 stocks in the China CleanTech Index is RMB 1.8 trillion (US$284 billion).
China & Environment Provides Strong Investment Thesis
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. However, the cleantech sector in China presents a very strong medium term investment thesis and the China CleanTech Index provides the first level of data to enable informed investment decisions to be made.
For information on the China Cleantech Index profile and the constituents of the China Cleantech 20, see the reports available at:
http://www.sinocleantech.com
To view the August 2015 Performance Report for the China CleanTech Index, please visit:
http://www.abnnewswire.net/lnk/93P6ARQE
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.
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