The September 2014 Quarterly Performance Report for the China CleanTech Index is now available - please click here to download the report.
The China CleanTech Index recorded a 2.0% gain in September and again outperformed global markets. The best performing sub-indices for the month were the China Environment Index with a 11.3% gain and the China Water Index with a 7.7% gain. The two weakest sub-indices through September were the China Solar Index which recorded a loss of 12.3% and the China Wind Index recording a loss of 1.9%.
Over the third quarter of 2014, the China CleanTech Index recorded a gain of 9.4%, outperforming all but one of its benchmark indices. The twelve month gain for the China CleanTech Index now stands at 14.5% outperforming all of its benchmarks. This twelve month gain is being driven by the China Water Index (+18.2%), the China Efficiency Index (+38.7%) and the China Hydro Index (+13.9%).
September also saw the Index achieve a new record total market capitalisation with the 163 stocks having a combined market capitalisation of RMB 1.13 trillion (US$185 billion).