Core Viewpoint - The green power sector is experiencing significant growth, driven by increasing demand for renewable energy and supportive government policies, with the National Green Power Index showing positive performance and the Green Power ETF gaining traction in the market [1][3][4]. Group 1: Market Performance - As of May 9, 2025, the National Green Power Index increased by 0.49%, with key stocks such as Jingyuntong up by 4.58% and Jiazhe New Energy up by 4.55% [1]. - The Green Power ETF (159625) has seen a 0.44% increase, marking its fourth consecutive rise [1]. - The trading volume for the Green Power ETF was 3.5%, with a total transaction value of 13.7257 million yuan [3]. Group 2: Fund Growth - Over the past two weeks, the Green Power ETF's scale has grown by 6.029 million yuan, leading among comparable funds [3]. - The ETF's shares increased by 6.8 million units in the same period, also ranking first among comparable funds [3]. - In the last 19 trading days, the Green Power ETF attracted a total of 22.647 million yuan in inflows [3]. Group 3: Valuation Metrics - The latest price-to-earnings ratio (PE-TTM) for the Green Power ETF is 18.55, which is in the 13.64% percentile over the past three years, indicating a valuation lower than 86.36% of the time in the same period [3]. Group 4: Industry Trends - As of April 30, 2025, the top ten weighted stocks in the National Green Power Index accounted for 58.04% of the index, including major players like Changjiang Electric and China Nuclear Power [3]. - With the summer peak electricity demand approaching, the power industry is entering a traditional high season, coupled with an accelerated energy revolution and strong demand for green electricity [3]. - In the first quarter of 2025, the total installed capacity of wind and solar power in China reached 1.482 billion kilowatts, surpassing traditional thermal power capacity of 1.451 billion kilowatts for the first time [3]. Group 5: Government Policy - The 2025 government work report maintains a strong commitment to "green transformation," with a focus on the power sector and expectations for increased green electricity demand due to improved supply pressures and policy direction [4].
夏季用电高峰临近,绿电需求有望迎来更强催化,绿色电力ETF(159625)冲击4连涨
Xin Lang Cai Jing·2025-05-09 03:42