Brokers' take
Water sector | Overweight
RHB Research, Nov 25
We resume coverage on the wastewater treatment stocks listed in Singapore. China has been notorious for its incredibly high levels of pollution; however, over the last five years, it has taken definitive steps towards a clean revolution. Its Water Action Plan set out in April indicated that the nation would invest about five trillion yuan (S$1.1 trillion) by 2020 to improve its water treatment industry.
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
Not retirement, but a rewiring and fresh perspectives post-DBS, says Piyush Gupta
‘I feel so stupid’: How young Indonesians get stuck on the debt treadmill
Indonesia targets year-end start for US$30 billion clean power exports to Singapore