The power grid investment shows a pattern of internal and external resonance, with funds rushing in. The State Grid Equipment ETF Guotai (561380) has experienced net inflows of over 300 million yuan for five consecutive days.

The investment in the power grid shows a pattern of internal and external resonance. In terms of capital flow, the Guotai (561380) Power Grid Equipment ETF has experienced net inflows of over 300 million yuan for five consecutive days.

Huafu Securities pointed out that the investment in the power grid exhibits a pattern of internal and external resonance. Domestically, the prosperity of power grid investment is on the rise, with ultra-high voltage projects being implemented intensively, and regional main network frameworks accelerating simultaneously. For example, the ±800kV “Qing-Yue Direct Current” project from Qinghai to Guangdong has entered the feasibility study stage, marking the substantial start of the “14th Five-Year Plan” ultra-high voltage construction; at the same time, main network frameworks of 500 kV and above in Henan, Zhejiang, Shanxi, Anhui, and other regions are also accelerating. Overseas, new growth poles are emerging, with the China-Laos 500 kV interconnection dispatching agreement coming into effect, indicating that China’s first cross-border ultra-high voltage interconnection channel has entered standardized operation, highlighting the accelerating trend of Chinese power grid technology going abroad and standards being exported.

The Guotai (561380) Power Grid Equipment ETF tracks the Hang Seng A-Share Power Grid Equipment Index (HSCAUPG). This index focuses on the power grid equipment-related industry, selecting listed companies involved in substation transmission, transformation, automation, and other sub-sectors as index samples, emphasizing the concentration of industry leaders to reflect the overall performance, industry growth, and stability of listed companies related to power grid equipment.

Risk reminder: Mentioning individual stocks is only for industry event analysis and does not constitute any stock recommendation or investment advice. Short-term fluctuations of indices are for reference only and do not represent future performance, nor do they constitute a promise or guarantee of fund performance. Views may be adjusted according to market conditions and do not constitute investment advice or commitments. Different funds have different risk and return characteristics; investors are advised to carefully read the fund legal documents, fully understand the product features, risk levels, and income distribution principles, choose products that match their risk tolerance, and invest cautiously.

Daily Economic News