The cancellation of the photovoltaic export tax rebate, leading to intensive price increases by leading companies, highlights the value of ChinaAMC ChiNext New Energy ETF

The 9% export tax rebate on photovoltaic products will be fully canceled starting April 1, which is expected to increase the cost of photovoltaic modules. Leading companies such as LONGi and TRINA SOLAR have already issued price increase notices. The ChinaAMC ChiNext New Energy ETF (159368) fell by 3.75%, with active trading and a net inflow of 174 million yuan over the past five days. Analysts point out that while shipment volumes are secured in the short term, demand front-loading may lead to order gaps in the second quarter, and domestic market demand is also under pressure. Tianfeng Securities believes that China holds a global dominant position in high-end manufacturing fields such as photovoltaics