<div class=newsTextDataWrapInner>SINGAPORE (Nov 19): CITIC Envirotech is up 4.4% to $1.54 after the company, which does most of its business in China, says it is in "advanced negotiation" for water supply, wastewater treatment and recycling projects valued at about 1 billion yuan ($156 million).</div>

<div class=newsTextDataWrapInner>The water-treatment firm didn't provide details about the location of the prospective projects. Citic Envirotech says there is no certainty that the discussions would lead to any definitive agreements and advises investors to deal in the company's shares with caution.</div>

<div class=newsTextDataWrapInner>However, investors likely expect a big contract win announcement soon.</div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner>CITIC Envirotech is outperforming the 1.1% gain by the local benchmark Straits Times Index.</div>

SINGAPORE (Nov 19): CITIC Envirotech is up 4.4% to $1.54 after the company, which does most of its business in China, says it is in "advanced negotiation" for water supply, wastewater treatment and recycling projects valued at about 1 billion yuan ($156 million).

The water-treatment fir...

CITIC Envirotech gains after announcing possible contracts

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