ETF日报：当前储能行业呈现供需两旺态势，国内外需求共振，头部电池企业持续满产，关注新能源车ETF

Market Overview - A-shares experienced a rebound with the Shanghai Composite Index rising by 0.54% to close at 3924.08 points, and the Shenzhen Component Index increasing by 1.39% to 13329.99 points. Over 3400 stocks rose, with total trading volume reaching 2.05 trillion yuan, significantly higher than the previous trading day [1][11]. Economic Policy - The Central Committee of the Communist Party of China held a meeting emphasizing the need for a stable yet progressive economic approach for the upcoming year, advocating for a more proactive fiscal policy and moderately loose monetary policy. This is expected to support the resilience of the A-share market and maintain a slow bull market trend [1][13]. Sector Performance - The communication and non-bank financial sectors led the market, while the coal industry saw the largest declines. The meeting highlighted the importance of domestic demand, suggesting a shift towards high elasticity and growth sectors, particularly in cyclical stocks like chemicals and non-ferrous metals [1][3][13]. Investment Recommendations - Investors are advised to focus on the CSI A500 ETF (159338) as a core holding to enhance exposure to new productive forces, aligning with the anticipated slow bull market supported by fiscal and monetary policies [4][14]. Bond Market - The bond market has seen significant fluctuations, with the yield on the 30-year active bond rising over 10 basis points. The 10-year government bond yield is approaching the upper limit of the central bank's target range of 1.75% to 1.85%. A seasonal trend in the bond market is expected once disturbances in the long-end stabilize [5][15]. Technology Sector - The computing power sector showed strong performance, with the AI ETF (159388) rising by 5.51% and the communication ETF (515880) increasing by 5.49%. The ongoing development of Google's AI ecosystem is expected to drive demand for computing power, benefiting related A-share companies [6][16]. Energy Storage and Electric Vehicles - Domestic energy storage installations maintained high growth rates, with a year-on-year increase of 19.3% in power and 28.41% in capacity. The electric vehicle market also showed robust growth, with an estimated 1.72 million units sold in November, reflecting a 20% increase year-on-year [8][18]. Lithium and Energy Metals - The demand for lithium is expected to rise due to stable downstream power demand and increasing energy storage needs. The supply-demand dynamics are improving, with rising prices for lithium battery materials. Investors are encouraged to monitor the performance of the new energy vehicle ETFs (159806) and the entrepreneurial board new energy ETF (159387) [9][19].