China leads the global expansion of clean energy, with grid infrastructure experiencing high growth. The Huaxia (159326) Grid Equipment ETF constituent stock, Tongda Shares, hits the daily limit.

April 2nd, the three major A-share indices all fell collectively. The Shanghai Composite Index fell by 0.39%, the Shenzhen Component Index fell by 0.85%, and the ChiNext Index fell by 1.25%. Overall market sentiment was relatively weak. After the Huaxia Power Grid Equipment ETF (159326) opened higher and trended up in the morning session, it entered a period of healthy intraday consolidation. As of 10:28, it was down by 0.11%. The Huaxia Green Power ETF (562550) fell by 1.01%. The Huaxia Power Grid Equipment ETF (159326) recorded a trading value of 639 million yuan for the day, with a turnover rate of 2.10%, and trading remained active. Among its constituent stocks, Tongda shares hit the daily limit; Huathong Cable rose by 5.48%, Hengtong Optoelectronics rose by 4.58%, Zeyu Intelligent rose by 3.56%, and stocks such as Zhongtian Technology, Far East Shares, Tongguang Cable, Changlian Technology, and others also moved up in tandem.

From the perspective of capital flows, over the past 10 trading days, the Huaxia Power Grid Equipment ETF (159326) saw net capital inflows of 4.982 billion yuan, and its latest AUM reached 30.064 billion yuan.

According to IRENA, in 2025, global new renewable energy installed capacity will reach 692 GW, bringing the total to 5,149 GW. Of this, China’s contribution accounts for more than 70% of the newly added wind and solar capacity. Asia accounts for 74.2% of the global additions. Solar energy leads with 511 GW, accounting for 75% of the newly added renewable energy capacity. China continues to lead the global expansion of clean energy, accelerating the rapid low-carbon transition of its energy structure.

Huatai Securities pointed out that since 2025, policies for “green power direct connection” have been rolled out frequently. In 2026, “power calculation–electricity coordination” was included in the government work report for the first time, being elevated to a strategic level within the country’s new infrastructure. The market generally believes that power calculation–electricity coordination is concept-driven speculation. However, we believe this is an opportunity for green electricity to detach from the traditional notion of “waste power” and achieve a reassessment of value. Although the near-term share of green power direct connection may not be very high, users’ needs fundamentally reflect the market value of renewable energy. In the AI inference era, coordinated scheduling of computing power and electricity—after breaking through chip bottlenecks—is expected to become an important theme.

Huaxia Power Grid Equipment ETF (159326): the only product in the entire market that tracks the CSI Power Grid Equipment Theme Index. In Shenwan’s secondary-level industry classification, the power grid equipment content exceeds 77%, making it the purest power grid index in the market. Among them, the weight of smart grid is as high as 90%, and the weight of ultra-high voltage is as high as 69%, both ranking first in the entire market. The product comprehensively covers leading companies across the entire industrial chain, such as State Grid NARI, TBEA, and Siyuan Electric, accurately aligning with the three main lines of advancing ultra-high-voltage projects, upgrading smart grids, and AI computing-power-supported grid transformation. It is a core tool for conveniently capturing the high prosperity of the power grid equipment industry.

Huaxia Green Power ETF (562550): the largest by index scale, tracking the CSI Green Power Index. In Shenwan’s secondary-level industry classification, the electricity-related content exceeds 99%, making it the most “pure” electricity-related index in the entire market. With one click, it packages leading power companies, not only including clean energy companies represented by hydropower, wind power, and photovoltaic power generation, but also including energy-transition samples such as thermal power and nuclear power. The underlying “wind, solar, hydro, and nuclear” content exceeds 56%. The constituent stocks include concept stocks related to power calculation–electricity coordination such as Datang Power Generation, GCL New Energy, Jinkai New Energy, Yunnan Energy, Green Power, and Energy-saving Wind Power. It is an efficient tool to deploy in the green power sector with one click and to capture the energy-transition dividend in the AI computing era.

A wealth of information and precise interpretation—right on Sina Finance APP