The ChiNext New Energy ETF Tianhong (159190) saw its underlying index rise nearly 2% during the session, with institutions believing that the current valuation of the ChiNext New Energy sector is at a historically low to medium level
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The ChiNext New Energy ETF Tianhong (159190) saw its underlying index rise nearly 2% during the session, with a transaction volume of 15.8304 million yuan and a turnover rate of 11.54%. Component stocks such as Canmax Technologies and Zhenyu TECH rose over 5%. Policy support for the new energy industry is expected to benefit fields such as photovoltaics and energy storage. CITIC Securities pointed out that current valuations are at historical mid-low levels and recommended focusing on leading companies with core technologies
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