www.Water-Stocks.com Reports on China Listed Water Stocks as Drought Moves in
Posted Mar 17 2010 4:25pm
March 17 , 2010 www.Water-Stocks.com, reports on China listed water stocks for investors following the water sector.
World Water Day, held March 22, 2010 addresses global water issues including pollution and scarcity. With China facing both issues at a rapidly growing pace, Chinese water stocks are getting investor attention.
According to a recent article in China Peoples Daily, entitled “Drought continues to wreak havoc in southwestern China “ ( http://english.people.com.cn/90001/90783/91300/6922884.html ) the number of people effected is serious. It said the worst-hit areas include Yunnan, Guizhou and Sichuan provinces, Guangxi Zhuang Autonomous Region and Chongqing Municipality. More than 20 million people in total were suffering water shortages.
China Listed Water Stocks Zhejiang Leo Co (Shanghai:002131.SZ) is the largest manufacturer and exporter of small pumps and garden machinesin China, located in Wenling, Zhejiang. Not only a manufacturer, Leo also aims to be a global solution provider for water pumps and garden machines. It continuously diversifies its products range according to customer needs, now with more than 550 items.
Xiangtan Electric Manufacturing Co. (Shanghai:600416.SH) is a company engaged in the manufacture and sale of mechanical and electrical products. The Company’s pump industry division includes hot water pumps, submersible pumps and marine pumps among others.
Qianjiang Water Resources Development Co., Ltd. (SHA:600283) China-is principally engaged in the generation and supply of tap water, as well as the development and operation of real estate. The Company also provides electric power, pipe installation services and digital products.
Anhui Water Resources Development Co., (Shanghai:600502.SH) is principally engaged in the undertaking of engineering projects, the development of real estate, the utilization of water resources, the generation of hydroelectric power, build-transfer (BT) investment and new building materials business. During the year ended December 31, 2008, the Company won 71 bids of engineering projects, conducted Bailianya hydropower station project and Longzi Lake water resource developing project and continued to develop BESTWAY residential building system. The Company operates its business in domestic markets and to overseas markets.
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