四连涨！光伏ETF（159857）昨日获申购超1.2亿份，机构：关注产业链各环节龙头企业

Group 1 - The photovoltaic sector experienced fluctuating performance, with the photovoltaic ETF (159857) slightly rising by 0.22%, marking its fourth consecutive increase [1] - The trading volume for the photovoltaic ETF reached 409 million yuan, making it the top product in the Shenzhen market [1] - Key stocks such as Hongyuan Green Energy, TCL Zhonghuan, Maiwei Co., and JA Solar saw significant gains [1] Group 2 - The photovoltaic ETF (159857) recorded a subscription of 12.3 million shares on November 10, indicating strong investor interest [1] - As of November 7, the ETF's total size was 2.687 billion yuan, with a total of 2.936 billion shares, both leading in the Shenzhen market [1] - The ETF is supported by an off-market connecting fund (Class C: 011103) [1] Group 3 - The photovoltaic industry is experiencing strong internal development momentum, with technological innovations continuously creating new growth points [1] - Rapid declines in power generation costs are enhancing economic competitiveness, and the "anti-involution" trend is expected to lead to substantial supply changes and profit recovery [1] - Positive developments are conducive to the healthy growth of the photovoltaic industry and the revaluation of its assets [1] Group 4 - CITIC Securities pointed out that the "anti-involution" initiative in the photovoltaic industry is planned to start in May 2024, officially launching in October 2024, and continuing into 2025 [2] - Since June, there has been a series of policy announcements related to "anti-involution," with specifications continuously improving [2] - It is anticipated that the "anti-involution" policies will help return profitability across various segments of the photovoltaic industry to reasonable levels, suggesting a focus on leading enterprises in the industry chain [2]