算力引发全球缺电，电网设备ETF（159326）涨超3%，全市场规模最大

Core Viewpoint - The A-share market saw a collective rise in the three major indices, with the power grid equipment sector experiencing a strong rebound, driven by significant capital inflows and favorable market conditions [1] Group 1: Market Performance - The power grid equipment ETF (159326) increased by 2.87% as of 14:31, with a trading volume reaching 348 million yuan, and notable stocks such as Neng Electric rising over 13% and Baosheng shares hitting the daily limit [1] - The power grid equipment ETF has seen net inflows for six consecutive trading days, totaling over 333 million yuan, with its latest scale reaching 2.194 billion yuan, marking a new high since its inception [1] Group 2: Industry Drivers - The global shortage of electricity due to the explosion of AI computing power and the demand for renewable energy integration provide medium to long-term support for the power grid equipment sector [1] - The aging of overseas power grids and the transition to renewable energy are creating replacement demand, positioning China's power grid equipment with cost and technological advantages, accelerating its international expansion [1] Group 3: Future Outlook - According to Zhongyin Securities, the continuous promotion of power system reforms in China and the accelerated construction of ultra-high voltage and main grid infrastructure will maintain high demand for power grid equipment [1] - There is strong overseas demand for power grid upgrades, and it is recommended to pay attention to main grid-related stocks that benefit from the high prosperity of ultra-high voltage [1] Group 4: ETF Characteristics - 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 [1] - The ultra-high voltage segment holds a significant weight of 65%, the highest in the market [1]