Wednesday, October 9, 2013

China Environment

China Environment, technically it is still uptrend and key support is at 0.50 , as long as it stays above this support level the uptrend still intact. Resistant is at 0.60 if break above, we may see more upside. In case it breaks below 0.50 the key support then uptrend will be invalid. Those who enter, the cut loss will be at 0.49 or 0.485

Business Summary

China Environment Ltd. is an investment holding company. The Company is a provider of waste gas treatment systems in the People’s Republic of China. The Group designs and constructs industrial waste gas treatment systems with its key products consisting of Electrostatic Precipitators (ESPs) including Electrostatic Lentoid Precipitators (ESLPs), baghouses and hybrid dust collectors. The Company has construction contract segment, which includes designing, assembling, installing, testing and commissioning of various equipments relating to industrial waste gas treatment and management systems. The Company’s subsidiaries include China Dongyuan Environment Pte. Ltd. which is engaged in investment holding, Fujian Dongyuan Environmental Protection Co., Ltd.which is engaged I n Waste gas treatment solutions and designing and constructing waste gas treatment systems.