ETFs close today | PV-related ETFs surged by more than 3%, and cross-border ETFs were among the top decliners
Reporter: Ye Feng Editor: Xiao Ruidong
The market bottomed out and rebounded throughout the day, with the ChiNext index leading the gains, the Shanghai Composite Index recovering 2,900 points, and the Beijing Stock Exchange 50 Index falling nearly 7%. On the disk, photovoltaic and other new energy track stocks collectively rebounded, cross-border e-commerce concept stocks performed actively, beverage manufacturing concept stocks fluctuated and strengthened, and short drama concept stocks once soared.
In terms of ETFs, photovoltaic-related ETFs surged more than 3%.
On December 20, the National Energy Administration released the national power industry statistics from January to November. As of the end of November, the country's cumulative installed power generation capacity was about 2.85 billion kilowatts, a year-on-year increase of 13.6%. Among them, the installed capacity of solar power generation was about 560 million kilowatts, a year-on-year increase of 49.9%, and the installed capacity of wind power was about 410 million kilowatts, a year-on-year increase of 17.6%.
Some brokerages said that the photovoltaic manufacturing industry is facing an intensification of overcapacity, and profit margins will decline, but the current valuation has fallen to a low level after stock price adjustment, which has fully reflected the expectation;
In terms of decline, cross-border ETFs were the top decliners.
U.S. stock markets were lower on Wednesday, with the Nasdaq closing down 1.5%, the S&P 500 down 1.47%, and the Dow down 1.27%, despite the three major indexes turning higher in early trading.
Japanese stocks followed suit today, with the Nikkei 225 down 1.59%.
Some brokerages said that with the gradual elimination of risk factors in the United States, stronger than expected consumption resilience, investment driven by scientific and technological progress, inflation has fallen steadily, and monetary tightening is nearing the end, under the effect of multiple positive factors, the U.S. economy is running in the direction of a soft landing.
In terms of ETF turnover, there are 26 ETFs with a volume ratio of more than 1.5 and a daily turnover of more than 100 million yuan today.
It is worth noting that the new energy car ETF showed a significant increase in early trading.
National Business Daily