China Communications Construction the top performer in HSCEI
The company, which designs and builds ports, leads HSCEI as China continues aggressive infrastructure investment as part of the One Belt, One Road initiative.
The top performer in HSCEI during the past week is China Communications Construction (HK 1800), which designs and builds ports and port machinery worldwide. This is a One Belt, One Road play, benefiting from China’s aggressive infrastructure investment in its periphery. HK 1800 is up 36% during the past 12 months vs. an 18% increase for the HSCEI.