全市场ETF涨幅榜前5！光伏ETF（159857）逆市涨超2%，盘中申购超6000万份

Core Viewpoint - The A-share market shows resilience with the photovoltaic sector performing strongly, highlighted by the significant increase in the photovoltaic ETF, which reflects the overall positive trend in the industry [1][3]. Group 1: Market Performance - The A-share indices opened lower but narrowed their losses during the trading session, with the photovoltaic sector showing strength [1]. - The photovoltaic ETF (159857) rose by 2.12%, ranking among the top five ETFs in the market, with a trading volume exceeding 1.9 billion yuan and a turnover rate of over 8% [1]. - The photovoltaic ETF recorded a subscription of 63 million units during the trading session, following a previous day's inflow of 38.65 million yuan [3]. Group 2: Industry Growth - The photovoltaic industry in China has experienced a remarkable growth of 56 times over the past decade, with installed capacity accounting for 26.48% of the total, and electricity generation increasing nearly a hundredfold [3]. - In the first seven months of 2025, the newly added photovoltaic capacity was 5.3 times that of thermal power during the same period [3]. - China aims for non-fossil energy consumption to exceed 30% by 2035, positioning photovoltaic energy as a key player in the energy transition [3]. Group 3: Policy and Technological Developments - The photovoltaic industry is transitioning towards high-quality development driven by both policy and technology, with recent government initiatives aimed at promoting sustainable competition and optimizing supply and demand [4]. - The industry is expected to move away from P-type technology by 2025, with N-type monocrystalline silicon technology projected to capture over 96.9% of the market share, alongside advancements in TOPCon, HJT, and BC technologies [4].