Table of Contents
Bottom-fish amid market weakness .......................................3
Water investments on a growth trend ....................................4
31% of water investments concentrated in five provinces.........................................4
Wastewater treatment facilities in great need in suburban/rural areas........................5
Solid waste investments up 50% ............................................7
Key beneficiary: CEI...............................................................................................7
Share price and valuation analysis.........................................9
Companies
Beijing Enterprises Water......................................................................................12
China Everbright International...............................................................................15
Guangdong Investment Limited.............................................................................18
Sound Global Limited ...........................................................................................21