European offshore wind + dual-line energy storage ignites, 516230 surges over 6% on increased volume! Sineng leads

On March 20, 2026, the new energy sector saw a surge in limit-up stocks in the afternoon, with the China Merchants CSI Photovoltaic Industry ETF (516230) rising by 4.56%, peaking at 6.55%. Component stocks such as Sineng and SOFARSOLAR performed outstandingly. Data from the General Administration of Customs shows that China's wind power equipment exports have been included in statistics for the first time, interpreted by the market as a new phase for the export of new energy equipment. The European market is experiencing tight supply of solar storage products and a surge in demand, which is favorable for China's new energy industry chain. The rise of the China Merchants CSI Photovoltaic Industry ETF reflects the market's recognition of the global competitiveness of China's new energy equipment, with leading companies expected to see improvements in performance and valuation