(MENAFNEditorial) Shenzhen Shi, China, February 5, 2018 The sectors of the future to watch out for are renewable energy, electrical storage and electric vehicles. According to HK Financial, the China-based innovative professional financial services firm, the shift from coal-based energy generation and technological improvements will make clean energy and electric vehicles more popular and investors should therefore closely watch these sectors.
Clean sources such as wind and solar, as well as better Li-ion batteries have seen prices decline. With tremendous focus on these technologies, the prices can be expected to continue their slide, more so since coal and oil have again increased in valuations. Electric vehicles are likely to become more and more competitive as well.
The clean energy investments in 2017 stood at around $335 billion, and this should be expected again in 2018. The dominating countries will continue to be led by China, and new markets can be expected to emerge, with the participation of other regions such as Latin America, SE Asia, the Middle East and Africa. India too is likely to shift from creating new coal based energy projects to clean energy projects.
In energy storage, South Korea is expected to continue its growth with a huge market. The market today demands cheaper alternatives, flexible power systems and better technologies, and these demands can be realistically met in the future. Electric vehicle sales, led by China, are expected to see a 40 percent growth this year.
HK Financial is a specialist in offering holistic and individually tailored client-centred care in a range of investment fields. It uses an independent and objective approach to asset management to offer a wide range of life products, protection and wealth accumulation solutions.
Among the products and services, HK Financial provides audit and assurance services to private, public and international companies across various sectors, business risk services, integrated corporate finance offerings, equity and commodity trading to all varieties of traders, as well as recovery and re-organization, financial advisory, taxation advice, information technology, sustainability reviews, carbon accounting, assurance and integrated reporting.
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About HK Financial
HK Financial is an innovative professional financial services firm which specializes in holistic and individually tailored client-centred care for all of an individual's financial needs that enriches the business ventures and personal lives of our clients by appropriately positioning and protecting what they have today, planning for what they want in their future and preparing the path by which they'll reach their goals.
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Media contact
Simon Richards
HK Financial
Email:
Phone: +852-3008-3658
CASIC Building - Futian CBD
Shenzhen Shi, China
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