Venture(US:VEMLY) Mei Ri Jing Ji Xin Wen·2025-11-11 06:47Core Viewpoint - The A-share market experienced a downward trend on November 11, with the ChiNext New Energy ETF (Hua Xia, 159368) showing weak fluctuations but a slight increase of 0.19%. The market is reacting to new guidelines from the National Development and Reform Commission and the National Energy Administration aimed at promoting renewable energy consumption and regulation [1][2]. Group 1: Market Performance - The ChiNext New Energy ETF (Hua Xia, 159368) is the largest ETF tracking the ChiNext New Energy Index, which includes sectors like batteries and photovoltaics [2]. - The ETF has the highest trading volume, with a recent average daily transaction of 90.05 million yuan, and a total scale of 829 million yuan as of October 31, 2025 [2]. - Notable stocks in the sector include Zhonglai Co., which hit the daily limit, and Penghui Energy, which rose by 8.23%, with several others increasing by over 5% [1]. Group 2: Policy and Future Outlook - The new guidelines emphasize enhancing the adaptability of new power systems to renewable energy, promoting advanced and efficient new storage technologies, and improving the utilization of renewable energy [1]. - By 2035, the goal is to establish a new power system capable of accommodating a high proportion of renewable energy, with a more refined renewable energy consumption and regulation system [1]. - CICC forecasts that by 2026, policies will focus on both supply and demand to achieve around 5% economic growth, suggesting an increase in quality consumption supply and a reduction in inefficient capacity [1].