电网ETF（561380）盘中涨超1%，全球电力设备需求上行周期获机构关注

Core Viewpoint - The global power equipment demand is entering an upward cycle, with global grid investment expected to exceed $400 billion by 2025, indicating sustained high demand [1] Group 1: Global Market Trends - AI is projected to significantly drive global electricity demand growth, with data center electricity consumption expected to more than double by 2030, leading to a notable increase in related electrical equipment demand [1] - The demand in the US and European markets remains strong, with the US transformer price index remaining high and China's exports of power transformers to the US increasing by 54% year-on-year [1] - The Middle East market is experiencing rapid growth, with Saudi Arabia aiming to achieve 130 GW of installed power generation capacity by 2030, leading to large-scale investments in transmission [1] Group 2: Export Opportunities for China - China's exports of power transformers to Saudi Arabia have increased by over 200% year-on-year, with TBEA winning a significant order worth 16.4 billion yuan [1] - China's power equipment manufacturing capabilities are strong, with a complete industrial chain, robust risk resistance, and ample production capacity, positioning export companies to benefit from the global demand upturn [1] - In the first half of 2025, leading companies in the export business are expected to achieve rapid growth, with overseas operations becoming a key to future success [1] Group 3: Investment Products - The Electric Grid ETF (561380) tracks the Hang Seng A-share Electric Grid Equipment Index (HSCAUPG), which selects listed companies with at least 40% of their main business revenue from the electric grid equipment sector [2] - The index reflects the overall performance of listed companies in the electric grid construction and technology upgrade sectors, covering various industries such as electronic equipment and industrial metals [1]