Green Power ETF Cathay (159669) rises against the trend by 1.2%, with wind and solar new installed capacity in Q1 2026 exceeding expectations

In the afternoon of May 12th, the three major A-share indices collectively came under pressure, with the Shanghai Composite Index falling by 0.5%, the ChiNext Index dropping by 0.61%, and market sentiment stabilizing temporarily but trading remaining somewhat cautious. Against this backdrop, the Guotai Green Power ETF (159669) defied the trend and strengthened, rising by 1.28%, highlighting its resilience in a structural market environment and its thematic robustness.

From the perspective of underlying assets, the Guotai Green Power ETF tracks the CSI Green Power Index, which focuses on listed companies involved in green energy generation operations and supporting services such as wind power, photovoltaic, hydropower, nuclear power, and new energy storage on the Shanghai and Shenzhen Stock Exchanges and the Beijing Stock Exchange. It serves as a core reflection of the deepening implementation of the “dual carbon” policy and the accelerated construction of new power systems.

Huaxi Securities released in April the report titled “New Energy Power Equipment: Continued Prosperity, Release of Profit Flexibility,” which pointed out that in the first quarter of 2026, wind and solar new installed capacity exceeded expectations, and the nationwide green electricity trading volume increased by 52.3% year-on-year (as of the end of March 2026). Coupled with the full implementation of the coal power capacity electricity price mechanism, the ROE median of green power operators has risen from 6.1% in 2023 to 9.7% in Q1 2026. CITIC Construction Investment, in its May 6 asset allocation report, also listed “new energy power” as a mid-term industry rotation recommendation, explicitly noting that “green electricity assets are supported by policy rigidity, improved cash flows, and increased dividends.”

Overall, the Guotai Green Power ETF demonstrated independent strength amid market adjustments, serving as both a signal of sustained industry prosperity and a rational allocation strategy where funds choose to “trade time for space” at high valuation levels. For investors who are long-term optimistic about energy structure transformation and seek ESG allocation efficiency, this ETF offers a transparent, low-cost, and highly focused one-stop investment tool.

Risk warning: Mentioning individual stocks is solely for industry event analysis and does not constitute any stock recommendation or investment advice. Short-term index fluctuations are for reference only and do not predict future performance, nor do they constitute a promise or guarantee of fund performance. Views may change with market conditions and do not constitute investment advice or commitments. The risk and return characteristics of funds vary; investors are advised to carefully read the fund legal documents, fully understand product features, risk levels, and income distribution principles, and choose products that match their risk tolerance. Please invest cautiously. For fund fee rates, please refer to the legal documents.

Daily Economic News

(责任编辑：张晓波)

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