New energy rose crazy, photovoltaic, battery soared, Maiwei shares soared 18%, photovoltaic leading ETF (516290) rose more than 6%, battery 50 ETF (159796) rose nearly 5%
The market is preparing for the offensive at the end of the year, the Shanghai Composite Index rose more than 1% in early trading, photovoltaic, battery and other new energy sectors rose first, Maiwei shares soared 17%, Jiejia Weichuang, Hoymiles shares rose more than 11%, Junda shares, Aixu shares, Tianci materials have risen to the limit, LONGi Green Energy, Penghui Energy, German Nano, Jiejia Weichuang, Jinbo shares all rose more than 9%, Jolywood, JA Technology, Jingsheng Electromechanical, Quartz shares, Dier Laser, Peneng Technology, Kedali all rose more than 8%, Sungrow, Tongwei shares, Trina Solar, Foster and others have risen sharply.
In terms of popular ETFs, the lowest-rate PV ETF (516290) rose 6.61%, breaking through a large-scale Changyang to a new high, and continuously crossing the 5-day, 20-day and 30-day moving averages!
The battery 50 ETF (159796), which has the largest scale and the lowest rate in the subdivision track, rose 4.68%, with an intraday turnover of more than 34 million yuan, a large increase! It is worth noting that yesterday's battery 50 ETF (159796) received a net subscription of more than 6 million yuan, and the funds were accurately distributed!
The latest view of Guosheng Securities' new team pointed out that from the perspective of sector sentiment, the valuation of the photovoltaic sector has been less than 10 times and has entered the stage of grinding the bottom. Since 2020, the highest PE corresponding to the performance of the photovoltaic sector in that year has been close to 50 times, and the current valuation level is 8-9 times, which has broken through the historical low level in the past 7 years. The overall valuation of the photovoltaic industry is in a state of over-falling, and it is expected to usher in valuation repair after the main contradictions are eased in the future.
Haitong Securities believes that in the context of the continuous growth of photovoltaic wind power, the role of energy storage in improving the safety and stability of power grid operation is becoming increasingly prominent, and the support at the policy level and the continuous cost reduction of batteries and other links in the industrial chain are expected to promote the continuous growth of the industry. In recent years, with the rapid development of the industry, there has been a large influx of new companies, and the leading companies have more advantages in cost, scale and product quality, and are expected to win in the new round of industry cycle.
The management fee rate of photovoltaic leading ETF (516290) and battery 50 ETF (159796) is 0.15% and the custody fee rate is 0.05%, which are the lowest varieties of the same kind of rate, which is two-thirds cheaper than the mainstream rate in the market - "management fee rate is 0.5%, custody fee rate is 0.1%", and you can earn it if you save it!
[Layout of the photovoltaic industry, choose the lowest rate photovoltaic leading ETF (516290)!One click to include power battery + energy storage battery, look for battery 50ETF (159796)]
The PV Leading ETF (516290) tracks the PV Industry Index (931151), covering polysilicon, wafers, cells, modules, inverters and other links, covering the entire PV upstream, midstream and downstream industry chain.
The Battery 50 ETF (159796) closely tracks the CSI Battery Index, which selects the securities of listed companies with businesses involving power batteries, energy storage batteries, consumer electronics batteries and related industrial chains from the Shanghai and Shenzhen markets as index samples to reflect the overall performance of the securities of battery-themed listed companies.
From the perspective of valuation, the latest price-to-earnings ratio (PE-TTM) of the CSI Battery Theme Index tracked by the Battery 50 ETF (159796) is only 18.52 times, and the valuation quantile since its listing in 2015 is 0.22%, which is at a very low level in history, lower than the historical time range of more than 99%!
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