MSCIESGETF（159621）涨超1%，政策与市场化改革驱动ESG长期价值

Group 1 - The core viewpoint is that the industry style is shifting from technology growth to upstream resources, midstream manufacturing, and downstream consumption as the PPI decline narrows and turns positive [1] - In the MSCI China A-share ESG sector, three main directions are highlighted: cyclical recovery industries such as energy metals, wind power equipment, and engineering machinery; technology growth areas like AI computing power and energy storage; and consumer recovery sectors including food and beverage, social services, and personal care [1] - The anti-involution policy is improving the supply-demand dynamics in certain industries, combined with resilient overseas demand, indicating a continued trend of profit recovery in ESG-related industries [1] Group 2 - The MSCI ESG ETF (159621) tracks the MSCI China A-share Renminbi ESG General Index (MSC278), which selects listed companies with robust ESG performance and positive improvement trends from the Chinese A-share market [1] - The index employs an industry-balanced distribution strategy, leaning towards core asset allocation, aiming to reflect the overall market performance of high-quality Chinese A-share companies that adhere to ESG investment principles [1]