Shares of water treatment firm Va Tech Wabag were in the spotlight on Monday, December 18, following a sharp fall in the stock price. Over the past year, Va Tech Wabag shares had surged by over 193%, outperforming the NSE Nifty 50 index, which gained 14% during the same period. REASON FOR THE DECLINE The sharp fall in Va Tech …
The eastern coastal city of Qingdao, Shandong province The eastern coastal city of Qingdao, Shandong province will continue to develop its marine economy, accelerate marine sci-tech innovation, improve marine development capacity, and foster and strengthen emerging marine industries of strategic importance, local officials said. According to the Qingdao Municipal Marine Development Bureau, the city will accelerate the construction of the …
Shandong plans to set up a fund worth 5 billion yuan to boost the development of the seawater desalination industry, local media reported. According to Duan Jianwen, an official from the Shandong Provincial Oceanic Administration, Shandong will establish a provincial-level coordination mechanism for the development of the seawater desalination industry, promote the large-scale application of seawater desalination, strengthen scientific research …
