On January 18, 2018, Tian Lun Gas won the award of "Most Valuable Public Utility and Company with Environmental Protection Stocks of Golden Hong Kong Stocks in 2017" at the “Insight into the New Value of Hong Kong Stocks Summit and Golden Hong Kong Stocks Awards 2017 Ceremony”.
This “Insight into the New Value of Hong Kong Stocks Summit and Golden Hong Kong Stocks Awards 2017 Ceremony” was jointly organized by ZhiTong Financial Information Technology Co., Ltd., the No. 1 platform of Hong Kong stock information, and Straight Flush, a leading domestic internet financial data service provider, and co-organized by Snowball, with Hong Kong Exchanges and Clearing Limited and Chinese Securities Association of Hong Kong as supporting units.
This selection expert committee is composed of nine Chinese securities traders in Hong Kong, including ICBC International, BOCOM International, Huatai Financial Holdings, CMB International, Guotai Junan International, BOC International, GF Holdings, CCB International, Haitong International. The final list of winners was selected by the expert committee based on various factors such as enterprises' performance progress, industry ranking, corporate governance, business model, market influence and capital market performance of last year, with corresponding public voting weights.
The award of "Most Valuable Public Utility and Company with Environmental Protection Stocks of Golden Hong Kong Stocks in 2017" aims to commend the fastest-growing public utilities and listed companies with environmental protection Hong Kong stocks with great potential for growth and attention from the capital market in 2017. The fact that Tian Lun Gas was awarded the "Most Valuable Public Utility and Company with Environmental Protection Stocks" shows the attention from the industry and investors to the new energy industry, this award is a great encouragement and also is a spur to Tian Lun Gas.
The award ceremony attracted 140 high-quality Hong Kong stock enterprises to attend. These enterprises not only involve traditional industries such as petrochemicals, finance, and automobile, but also cover chips, the Internet, gene, and other emerging industries that lead China's economic transition. More than 90% of them became underlying securities of Hong Kong Stock Connect, accounting for the top 1/4 of the total value of the Hong Kong stock market. In addition, more than 150 financial institutions including banks, securities, insurance, trust, asset management, and thousands of investors attended the event.
In 2017, against the background of the interconnection of China’s mainland stock market and Hong Kong stock market, the Hang Seng Index increased by 36% throughout the year, which not only created the highest annual growth rate in 8 years and the highest index in 10 years, but also shortened the distance from the historical highest point of the Hang Seng Index, and exceeded the Index level of major capital markets in the world.
At present, the global economy is still in a general environment of comprehensive recovery and low inflation. Theoretically equity assets should indeed be well-liked, and its easing overall liquidity is conducive to valuation and expansion, and Hong Kong stocks, as valuation depressions, are expected to remain favored by both domestic and foreign investors. The Hong Kong Stock Exchange has recently launched the largest reform in more than 20 years. The main board has introduced the Dual-Class Share Structure system to support new economic companies to list in Hong Kong by lowering the threshold, which will bring more fresh blood to the Hong Kong stock market. It is expected that the Hong Kong stock market will still be strongly attractive to global capital in 2018.