Pollution spike boosts shares
By Wu Yiyao in Shanghai | China Daily | Updated: 2013-01-15 07:52
The recent surge in air-pollution levels in more than 30 cities around China may boost demand for environmental and air-filtering products and spur the performances of the companies in those industries, analysts and investors said.
The healthcare sub-index of China's A-share market gained 2.8 percent on Monday as consumers are increasingly looking at products to protect themselves against rising levels of PM2.5 - particles in the air smaller than 2.5 microns and able to enter the lungs - especially in North China.
A-shares are specialized shares bought and traded on the Shenzhen and Shanghai stock exchanges.
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