Photovoltaic anti-involution + demand for local manufacturing in South Korea, expectations for overseas expansion accelerate, photovoltaic ETF China Merchants (516230) has seen a net inflow of 140 million for 7 consecutive days

The China Merchants CSI Photovoltaic Industry ETF (516230) has seen a net inflow of 140 million yuan for 7 consecutive days, indicating market attention on the revaluation opportunities in the photovoltaic sector. On April 10th, the Ministry of Industry and Information Technology held a meeting, emphasizing the need to break the inward competition within the photovoltaic industry and enhance the security of the supply chain. South Korea plans to increase the share of renewable energy generation to over 20% by 2030, driving domestic photovoltaic manufacturing demand. Huafu Securities believes this will create opportunities for China's photovoltaic equipment exports, with demand in Southeast Asia and Northeast Asia expected to grow. The China Merchants CSI Photovoltaic Industry ETF closely tracks the CSI Photovoltaic Industry Index