As of 10:28 on December 27, 2024, the photovoltaic ETF Ping An (516180) rose 0.31%, and the latest price was reported at 0.65 yuan, and the intraday trading volume continued to widen. The CSI Photovoltaic Industry Index (931151) rose 0.31%, the constituent stocks Bowei Alloy (601137) rose 6.90%, Crestec (002518) rose 6.15%, Kehua Data (002335) rose 2.06%, Jingsheng Electromechanical (300316) rose 1.99%, and Roshow Technology (002617) rose 1.91%.

New materials ETF Ping An (516890) rose 0.57%, the latest price was 0.53 yuan, and the intraday turnover continued to widen. The tracking index CSI New Materials Theme Index (H30597) rose 0.65%, the constituent stocks AVIC Hi-Tech (600862) rose 4.56%, Oriental Yuhong (002271) rose 3.97%, North Huachuang (002371) rose 3.05%, Shanghai Silicon Industry (688126) rose 2.01%, and San'an Optoelectronics (600703) rose 1.91%.

In the long run, as of December 26, 2024, the PV ETF Ping An has risen by 13.40% in the past three months. Ping An new materials ETF has risen 17.04% in recent March.

It is worth noting that the valuation of the CSI Photovoltaic Industry Index tracked by the fund is at a historical low, and the latest price-to-book ratio is 2 times, which is lower than the index of more than 80.55% in the past three years, and the valuation is cost-effective.

On the news side, recently, the Jiangsu Provincial Development and Reform Commission issued a notice on the "Implementation Plan for Offshore Photovoltaic Development and Construction in Jiangsu Province (2025-2030)", optimizing and adjusting the relevant plans for 2023-2027, removing offshore photovoltaic sites that do not meet the policy, and focusing on the use of offshore wind farm areas, offshore aquaculture areas and power plant confirmation temperature drainage areas to carry out offshore photovoltaic construction. According to the requirements of the four types of offshore photovoltaic site selection areas, it is planned to carry out the construction of 60 offshore photovoltaic project sites, with a scale of 27.25GW and a sea area of 346.25 square kilometers.

Shanxi Securities said that the new domestic photovoltaic installed capacity in November continued to grow year-on-year, and the month-on-month growth rate turned positive. According to the National Energy Administration, in November 2024, 25.0GW of new domestic PV capacity was installed, up 17.3% year-on-year and 22.4% month-on-month. From January to November, the cumulative new PV installed capacity in China was 206.3GW, a year-on-year increase of 25.9%.

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 November 29, 2024, the top ten weighted stocks of the CSI Photovoltaic Industry Index (931151) are Sungrow (300274), LONGi Green Energy (601012), TCL Technology (000100), Tongwei (600438), TBEA (600089), JinkoSolar (688223), JA Solar (002459), TCL Zhonghuan (002129), Trina Solar (688599), Chint Electric (601877), the top ten weighted stocks accounted for 59.35%.

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 November 29, 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), GEM (002340), Shanghai Silicon Industry (688126), the top ten weighted stocks accounted for 53.72%.

Related Products:

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

New Materials ETF Ping An (516890).