Singapore Stock Market News
Water Sector - Value emerging
StockFanatic
Publish date: Wed, 16 Sep 2015, 10:53 AM
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• Keen competition and high acquisition price have deterred M&A progress
• Further depreciation of Renminbi could cool down prices of water assets
• Value emerging due to recent pullback and continual upbeat industry outlook
• Value emerging due to recent pullback and continual upbeat industry outlook
• Top picks are CITIC Envirotech (CEL SP), China Everbright International (257 HK) and CT Environmental Group (1363 HK)
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