Tianjin Capital Environmental Co
21 articles about "Tianjin Capital Environmental Co"
A stunning outperformance by prominent Chinese water stocks seems to have stemmed from little tangible newsflow. It helped the Asian segment of the GWI Water Index to jump by the most since April 2009.
Asia’s listed water stocks failed to benefit from investor interest in emerging markets last year. The GWI Asia Index ended the year down 23%.
David Lloyd Owen reviews the new edition of the Pinsent Masons Water Yearbook and finds difficult financial markets make it an unlucky thirteenth for the private sector.
A strong performance by Asian water stocks this month helped to wipe out last month’s losses. With more and more companies being taken private, investors are being forced to re-allocate resources elsewhere.
After last month’s carnage, water stocks more than held their own against the benchmark MSCI World Index this month. Wabag fared the worst, as investors knee-jerked over the company’s perceived exposure to Libya.
The Asian segment of the GWI Water Index flatlined throughout 2010. What is the prognosis for 2011?
The latest round of quantitative easing in the US was received positively by equity markets everywhere. The Americas segment of the GWI Global Water Index climbed above 100 for the first time since its inception.
Despite a robust performance from UK water stocks this month on the back of renewed M&A speculation, the GWI Water Index ended the period down 6.6%. A series of profit warnings did not help things.
The resurgence in Asian listed water stocks last year was supported by renewed access to capital. The new environment could encourage more companies to recycle capital by spinning out business trusts.
The GWI Global Water Index is at its highest point since September 2008. A positive price review from the regulator helped the big UK stocks to outperform this month.