外围风险降低，光伏ETF（159857）跳空高开，机构：国产设备商迎出海机遇

Group 1 - The three major indices opened higher due to reduced external risks, with the photovoltaic equipment sector experiencing a significant jump, as evidenced by the CSI Photovoltaic Industry Index rising by 1.19% [1] - Key stocks in the photovoltaic sector, such as Daqo New Energy and Tongwei Co., saw increases of over 4%, while Hongyuan Green Energy and Kehua Data rose by over 2% and nearly 2%, respectively [1] - The Photovoltaic ETF (159857) closely tracks the CSI Photovoltaic Industry Index and opened higher, currently up nearly 1%, with a latest circulation of 3.553 billion shares and a circulation scale of 2.032 billion yuan as of May 12 [1] Group 2 - East Wu Securities indicates that the Middle East is expected to see significant growth in photovoltaic demand, with installed capacity projected to exceed 35 GW by 2027, driven by the region's transition to a diversified and sustainable energy system [2] - The report from CITIC Construction Investment Securities notes a clear decline in the profitability of the photovoltaic industry, but suggests that the bottom has already appeared in the financial reports, with a lower probability of further deterioration in profitability [2] - The industry is expected to see a significant reduction in fixed asset growth due to low profitability, while existing capacity remains significantly higher than demand, highlighting the need to focus on upstream inventory reduction and capacity clearance [2]