“以旧换新”政策有望催化，家电ETF（159996）涨超0.5%

Core Viewpoint - The real estate policy has significantly reversed, and the white goods sector is characterized by "low valuation, high dividends, and stable growth," indicating a high safety margin and substantial elasticity in stock prices [1] Group 1: Industry Insights - The "old-for-new" policy is expected to catalyze growth in the white goods sector, while the recent short-term rise in copper prices has heightened bullish sentiment among channels [1] - The home appliance ETF (159996) tracks the home appliance index (930697), which selects listed companies involved in the manufacturing and sales of appliances like air conditioners, refrigerators, and washing machines, reflecting the overall performance of the home appliance sector [1] - The home appliance index exhibits strong consumer attributes and cyclical characteristics, providing a comprehensive view of the development status of China's home appliance industry [1]