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 underperformed all of its four benchmarks for the month of June 2015 and recorded a loss of 12.9%. 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 Efficiency Index with a 28.9% gain and the China Waste Index with a 19.8% gain. The two weakest sub-indices through May were the China Solar Index with 24.2% loss on the back of the issues at Hanergy and the China Hydro Index with a 5.7% loss.
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 outperformed all of its four benchmarks for the month of March 2015 and recorded a huge gain of 16.2%. This was driven by both strong gains across all Chinese stocks and the positive government sentiment towards environmental initiatives expressed at the National People's Congress.
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%.
Analysing the Cleantech sector across over 150 global leaders, the Sino Cleantech Report gives both industry analysts and investors a performance metric from which to base investment decisions and growth strategies.
