The new energy ETF (516160.SH) rose by 1.52%, while Hangzhou First Applied Material rose by 9.97%.
On July 25, the two markets opened lower and oscillated, with the photovoltaic sector leading against the trend. As of 10:40, Foster rose by 9.97%, and the energy etf (516160.SH) rose by 1.52%. Huachuang Securities analysis pointed out that according to the National Energy Administration, from January to June 2024, the domestic new photovoltaic installed capacity was 102.48GW, a year-on-year increase of 31%; of which the new photovoltaic installed capacity in June was 23.33GW, a year-on-year increase of 36%, and a month-on-month increase of 23%. With the relaxation of the consumption red line to 90%, the progress of centralized project grid connection is expected to accelerate. Due to fluctuations in electricity prices and policy adjustment expectations, demand at the household end is relatively weak, which has led to an increase.
ETF noon review | Energy sector adjustment, energy ETF fell 2.58%.
The A-share market saw a volatile adjustment in early trading. As of noon, the Shanghai Composite Index fell 0.71%, the Shenzhen Component Index fell 0.19%, and the ChiNext Price Index fell 0.04%. The turnover of the Shanghai and Shenzhen stock markets reached 426 billion yuan in the morning session, an increase of 14.5 billion yuan from the previous trading day. In terms of sectors, wind power equipment, software development, quantum technology, and Hongmeng concept sectors saw the largest increases, while banks, baijiu, duty-free, and pork sectors saw the largest declines. Among ETFs, the CSI Information Security Index had the largest increase, with the E Fund Information Security ETF up 2.73%. The computer sector was active, with both the Southern Fund Computer ETF and the ChinaAMC Software ETF up 2.48%. Hong Kong stocks in the healthcare sector.
Details of precious metals funds and energy funds
Commodity prices have risen recently, and related funds have become popular. From the perspective of commodity types, Guojin Securities classifies domestic commodity funds as precious metals funds, energy funds, and other commodity funds. 1. Gold commodity funds Gold commodity funds are currently the largest number of domestic commodity funds, accounting for 20 of the 39 commodity funds, with a total size of 30.456 billion yuan. These include 7 funds tracking Shanghai gold, 7 funds tracking spot SGE gold 9999 on the Shanghai Gold Exchange, 2 funds tracking the China Securities Shanghai, Hong Kong and Shenzhen Gold Industry Index, 3 funds tracking London gold, and 1 fund tracking Lent
Many places have entered the heating season, coal prices have boosted, and coal ETFs have risen by more than 3%
Gelonghui November 9: Coal stocks rose, Yunmei Energy rose and stopped, while Pingmei shares, Jinkong Coal, Shanxi Coking Coal, Huaibei Mining, and Yankuang Energy followed suit. In terms of ETFs, Cathay Pacific's coal ETF rose by more than 3%, while Huitianfu Fund's Energy ETF and Guangfa Fund's Energy ETF Fund followed suit. Major coking coal contracts of major trading firms rose more than 3%, a record high in the past eight months. According to the news, some northern regions have officially entered the heating season, and terminal coal demand has increased rapidly, driving coal prices to rise continuously in the short term. According to China Energy News, in November, the northern region is entering the heating season one after another. In order to do a good job in energy insurance and supply this winter, the country
Energy stocks continue to be active, and coal ETF and energy ETF funds have risen
Gelonghui September 7: Energy stocks and coal stocks continued to be active. Tongyuan Petroleum rose more than 5%, Mountain Coal International rose 3%, and many stocks such as Lu'an Huanneng, Shaanxi Coal, and Jingkong Coal continued to rise. Cathay Pacific Coal ETF, Huitianfu Energy ETF, and Guangfa Energy ETF Fund rose, with increases of more than 4% this week. OPEC leader Saudi Arabia has extended the unilateral production reduction measures for another three months to support the fragile global market. Recently, the official media Saudi News Agency issued a statement saying that Saudi Arabia's measures to cut production by 1 million barrels per day will continue until December. The move will keep Saudi production at around 9 million barrels per day, the lowest level in years.