长江证券认为，碳中和ETF具备长期投资价值。随着能源金融市场加速向多元化、低碳化转型，清洁能 源投资持续升温，2020年至2024年年均复合增长率达16.7%，其中电池与储能领域增速达106.8%，展现 出强劲的发展势头。绿证市场也呈现供需改善态势，1月至11月交易量同比大幅增长119%，交易占比提 升至41.81%，价格逐步企稳。供给端136号文限制了常规电量绿证的核发，需求端2025年电解铝行业将 被纳入绿证考核，2026年钢铁等四大高耗能行业也将陆续加入，刚性需求持续扩容，支撑绿证价格。在 新能源装机方面，光伏保持稳定增长，风电增速回暖，同时火电装机规模创新高，增强了电力系统的调 节能力，有利于提升新能源消纳水平。能源转型推动电力、新能源等相关板块融资需求旺盛，电力行业 在能源上市公司债权与股权融资中的占比分别达到65%和70%。在政策支持与市场驱动的双重作用下， 可再生能源发电、储能、氢能等领域的投资持续扩大。 1月6日，A股市场延续涨势，有色金属、非银金融、综合板块涨幅靠前。截至11点00分，碳中和ETF南 方(159639.SZ)涨1.98%，洛阳钼业涨6.95%。 资讯所属栏目还有更多独家策划、 ...

近年来，中国公募基金ETF市场正经历一场深刻的结构性变革。截至2025年12月18日，全市场ETF总规模已突破5.78万亿元，较五年前增长超四倍，跃居 亚洲第一；产品数量达到1377只（数据来源：Wind；截至2025.12.18），竞争格局从早期的"蓝海拓荒"全面转向"红海博弈"。在这一背景下，投资者的关 注焦点不再仅限于产品费率或跟踪指数本身，而是更加看重管理人的品牌信誉、运营精度与综合服务能力——ETF正式迈入"品牌化"与"客户心智"驱动的 新时代。 与此同时，代表中国经济高质量发展方向的核心资产日益受到资金青睐。中证A500指数作为兼具广度、均衡性与新质生产力特征的宽基指数，正成为投 资者一键布局中国优质资产的重要工具。自2024年首批中证A500ETF上市以来，市场热情持续高涨。截至2025年12月19日，全市场跟踪中证A500指数的 ETF产品已有42只，合计跟踪规模达2446.7亿元，稳居A股宽基指数第二，仅次于沪深300。其中，A500ETF南方（159352，联接A：022434、联接C： 022435、联接Y：022918）凭借卓越的流动性、精准的跟踪能力与强大的品牌背书，迅速脱颖而出。截 ...

Group 1 - The carbon-neutral ETF Southern (159639) increased by 0.77%, with trading volume expanding rapidly. The index it tracks, the China Shanghai Environmental Exchange Carbon Neutral Index, rose by 0.50% [1] - Key constituent stocks such as Arctech (up 10.65%), Hangyang (up 7.12%), Sungrow (up 5.17%), Hunan Yueneng (up 4.20%), and Jiangxi Copper (up 4.17%) showed significant gains [1] - The Ministry of Ecology and Environment held a press conference on October 29, announcing the implementation of the first central document in China's carbon market, aimed at accelerating the construction of a national carbon market [1] Group 2 - Guotai Junan Securities highlighted the release of the "Energy Conservation and New Energy Vehicle Technology Roadmap 3.0," predicting high growth in domestic new energy vehicle sales by 2025, which will drive demand for batteries and materials [1] - The solid-state battery industry is progressing, with XINWANDA launching a new generation polymer all-solid-state battery with an energy density of 400 Wh/kg [1] - In the photovoltaic sector, the investment theme remains focused on "anti-involution," with expectations that domestic high-power modules will drive an increase in module prices [1] Group 3 - The National Development and Reform Commission's draft implementation plan for renewable energy consumption targets includes non-electric renewable energy, marking a shift towards multi-energy collaborative consumption [2] - This policy creates a regulatory market space for the green hydrogen, ammonia, and alcohol industries, enhancing the certainty and long-term expectations for industry development [2] - The carbon-neutral ETF Southern closely tracks the China Shanghai Environmental Exchange Carbon Neutral Index, which includes 100 listed companies with significant contributions to carbon neutrality [2]