WISCOM(SZ:002090) Mei Ri Jing Ji Xin Wen·2025-11-28 05:20Core Viewpoint - The A-share market's three major indices experienced a collective rise, with the power grid equipment sector showing signs of stabilization and rebound after a period of adjustment. The only power grid equipment ETF (159326) saw a 0.94% increase, with a trading volume of 101 million yuan, indicating strong investor interest [1]. Group 1: Market Performance - The power grid equipment ETF (159326) recorded a net inflow of 76 million yuan recently, accumulating a total of 1.535 billion yuan in November, reaching a latest scale of 1.913 billion yuan, making it the largest power grid ETF in the market [1]. - Key stocks in the sector, such as Jinzhitech, Sifang Co., Ping An Electric, Shuangjie Electric, Igor, Yongfu Co., and Jinpan Technology, experienced significant gains, with Jinzhitech hitting the daily limit [1]. Group 2: Industry Outlook - A recent report from Goldman Sachs highlighted that electricity supply has become a major obstacle to AI development, with global data center electricity demand expected to surge by 160% by 2030. This indicates a pressing need for upgrades in aging power grids, particularly in Europe and the U.S. [1]. - Huaxi Securities noted that the large-scale integration of renewable energy sources is significantly increasing the demand for supporting grid construction, which is expected to create vast investment opportunities in the distribution network sector. Leading suppliers of integrated distribution equipment are likely to benefit continuously [1]. - The demand for power equipment is anticipated to remain high due to the need for upgrades and expansions in power systems, driven by increased electricity demand from AI in the U.S. [1]. Group 3: Related Products - The power grid equipment ETF (159326) is the only ETF tracking the CSI Power Grid Equipment Theme Index, with a strong representation in sectors such as transmission and transformation equipment, grid automation equipment, cable components, and distribution equipment. The ultra-high voltage segment holds a significant weight of 64%, the highest in the market [2]. - The Green Power ETF (562550) and its off-market links (018734/018735) track the CSI Green Power Index, which includes clean energy companies like hydropower, wind power, and solar power, as well as transitional samples from thermal and nuclear power [2].