Asian water stocks in the recovery room
- From: Vol 12, Issue 1 (January 2011)
- Category: General
- Region: Asia
- Country: Cambodia, China, Hong Kong, Japan, Malaysia, Singapore and Thailand
- Related Companies: Asia Environment Holdings, Asia Water Technology, Beijing Capital Group, Beijing Enterprises, Beijing Origin Water, Bio-Treat Technology, Brite-Tech, China Everbright, China Water Affairs Group, Chongqing Kangda, Chongqing Water, Darco, Eastern Water, ePure, Heilongjiang Interchina, Hyflux, JAKS Resources Bhd, Keppel Corp, Kurita Water Industries, Longjiang Environmental, Manila Water Company, Moya Dayen, PBA Holdings Bhd, Puncak Niaga Holdings, Qianjiang Water, Ranhill Utilities, Salcon Bhd, SembCorp Utilities, Shanghai Industrial Holdings, Sinomem Technology, Sound Global, Thai Tap Water Supply, Tianjin Capital Environmental Co, United Envirotech and VA Tech (Wabag)
The Asian segment of the GWI Water Index flatlined throughout 2010. What is the prognosis for 2011?
In stark contrast to 2010, when Asian water stocks led the global pack with a 43% rise, our weighted portfolio of shares put in a lacklustre performance in 2010, ending the year essentially flat to where they began.
Strong gains for some companies were cancelled out by big falls for others. The biggest risers were the two Thai companies in ...
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