电池ETF(159755)：近60日净流入超70亿，规模达147亿

Core Viewpoint - The A-share market saw a collective rise on December 5, with significant performance from the battery ETF, indicating strong investor interest in the energy equipment sector and the potential for growth in the new energy battery market [1] Market Performance - On December 5, the three major A-share indices rose collectively: Shanghai Composite Index increased by 0.48%, Shenzhen Component Index by 0.78%, and ChiNext Index by 1.06% [1] - The energy equipment sector led the gains, with notable increases in the electric grid ETF and photovoltaic ETF, both rising over 2% [1] Battery ETF Insights - The battery ETF (159755) tracks the National Index for New Energy Vehicle Batteries, covering upstream, midstream, and downstream sectors, with solid-state battery-related stocks accounting for over 65% of its composition [1] - The battery ETF has seen a significant inflow of funds, with nearly 60 instances of net inflow exceeding 7.016 billion yuan, bringing its total size to 14.745 billion yuan, making it the only battery-themed ETF exceeding 10 billion yuan [1] Investment Strategy - Pacific Securities suggests that the new energy sector is in the first half of an upward cycle, viewing adjustments as opportunities, emphasizing the importance of leading companies and upstream flexibility, with a focus on energy storage and AI+ during the adjustment period [3] - Guoyuan Securities highlights strong demand for energy storage, predicting a likely supply-demand balance in the liquid lithium-ion battery industry by 2026, with expectations for an increase in the price center of lithium carbonate [3]