As of 09:57 on November 28, 2024, the photovoltaic ETF Ping An (516180) rose 0.44%, and the latest price was 0.69 yuan, and the intraday turnover continued to widen. The CSI Photovoltaic Industry Index (931151) rose 0.79%, the constituent stocks Shuangliang Energy Conservation (600481) rose 9.03%, Aiko (600732) rose 8.53%, Risen Energy (300118) rose 6.92%, Junda (002865) rose 4.91%, and Hongyuan Green Energy (603185) rose 4.50%.

In the long run, as of November 27, 2024, the PV ETF Ping An has risen by 30.80% in the past three months. It is worth noting that the valuation of the CSI Photovoltaic Industry Index tracked by the fund is at a historical low, with the latest price-to-book ratio of 2.09 times, which is lower than more than 80.9% of the time since the establishment of the index, and the valuation is cost-effective.

On November 8, 2024, the Energy Conservation Law of the People's Republic of China was officially passed, which will come into force on January 1, 2025. The promulgation and implementation of the Energy Law is an important milestone in the construction of China's energy rule of law system, providing a solid guarantee for promoting the high-quality development of energy on the track of the rule of law.

In this regard, an important official article pointed out that under the current complex and severe risks and challenges at home and abroad, it has become particularly urgent to strengthen energy security. The Energy Law implements the requirements of the overall national security concept, establishes a series of energy supply guarantee systems, gives full play to the role of coal in basic guarantee and system regulation, increases the exploration and development of oil and natural gas resources, and consolidates the service and supply guarantee responsibilities of energy supply enterprises to ensure energy self-sufficiency. Accelerate the improvement of the energy legal system. Under the guidance of the Energy Law, we should accelerate the formulation and revision of laws and regulations such as the Renewable Energy Law, the Coal Law, the Electricity Law, and the Petroleum Reserve Regulations, improve the energy legal system led by the Energy Law, and further enhance the systematic, holistic and coordinated nature of the energy legal system.

Investors can take advantage of the photovoltaic ETF Ping An (516180) and the new materials ETF Ping An (516890) to grasp investment opportunities in related industries.

The PV ETF closely tracks the CSI Photovoltaic Industry Index, which selects no more than 50 of the most representative securities of listed companies from the securities of listed companies whose main business involves the upstream, midstream and downstream of the photovoltaic industry chain as the index sample to reflect the overall performance of the securities of listed companies in the photovoltaic industry.

According to the data, as of October 31, 2024, the top ten weighted stocks of the CSI Photovoltaic Industry Index (931151) are Sungrow Power Supply (300274), LONGi Green Energy (601012), TCL Technology (000100), Tongwei (600438), TBEA (600089), TCL Zhonghuan (002129), JA Solar (002459), JinkoSolar (688223), Trina Solar (688599), Chint Electric (601877), the top ten weighted stocks accounted for 60.51%.

The CSI New Materials ETF selects 50 securities of listed companies whose business involves basic materials such as advanced steel, non-ferrous metals, chemicals, inorganic non-metals, and key strategic materials as the index sample to reflect the overall performance of the securities of listed companies with new materials theme.

According to the data, as of October 31, 2024, the top ten weighted stocks of the CSI New Materials Theme Index (H30597) are CATL (300750), North Huachuang (002371), LONGi Green Energy (601012), Wanhua Chemical (600309), Tongwei (600438), Sanhuan Group (300408), San'an Optoelectronics (600703), Huayou Cobalt (603799), TCL Zhonghuan (002129), Shanghai Silicon Industry (688126), the top ten weighted stocks accounted for 54.85% of the total.

Related Products:

Photovoltaic ETF Ping An (516180), Ping An Photovoltaic Index Fund (Class A: 012722; Category C: 012723);

New Materials ETF Ping An (516890).