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.
Neo Solar Power Corp.
The China CleanTech Index recorded a 12.2% loss in July 2015 underperforming three its global benchmarks. The losses have been driven by the steep plunge across the board on the Shanghai Stock Exchange.
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 44.37 to 44.93 over the month of January recording a 1.3% gain. This compared to the NEX gain of 3%, the CTIUS loss of 5.8%, the Shanghai Composite loss of 3.9% and the MSCI loss of 3.8%.