--- title: "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" type: "News" locale: "en" url: "https://longbridge.com/en/news/282928857.md" description: "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" datetime: "2026-04-16T02:43:18.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/282928857.md) - [en](https://longbridge.com/en/news/282928857.md) - [zh-HK](https://longbridge.com/zh-HK/news/282928857.md) --- # 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 On the market, both stock exchanges opened high and rose, with the new energy concept increasing. In terms of related ETFs, the ChiNext New Energy ETF Tianhong (159190) saw its underlying index rise by 1.97% during the session, with a transaction volume of 15.8304 million yuan; the turnover rate reached 11.54%. Among the constituent stocks, Tianhua New Energy, Zhenyu TECH, Yonggui Electric, and Penghui Energy rose over 5%, with multiple stocks such as CATL, DNF Nano, and Dier Laser also following suit. The ChiNext New Energy ETF Tianhong (159190) closely tracks the ChiNext New Energy Index, providing investors with a convenient tool to layout core assets across the entire new energy industry chain in the ChiNext market. In terms of news, according to the Shenzhen Stock Exchange, the ChiNext reform promotion conference clearly supports the new energy and other trillion-level industrial clusters to optimize and strengthen. According to the Ministry of Industry and Information Technology and three other departments, a symposium on the power and energy storage battery industry was held to address "involution" competition and regulate price order. According to a plan issued by the National Development and Reform Commission and the National Energy Administration, a target for new energy storage installations by 2027 was proposed, requiring that the proportion of nearby consumption of new energy power generation by industrial enterprises be no less than 60%. Additionally, according to data from the Passenger Car Association, new energy passenger car exports in March increased by 139.9% year-on-year, and the shipment volume of energy storage batteries doubled year-on-year in the first quarter, with several companies in the industry chain expected to achieve significant growth in net profits by 2025. CITIC Securities believes that the current valuation of the ChiNext new energy sector is at a historical low to mid-level, and policies clearly support the development of new productive forces, bringing institutional dividends to sub-sectors such as photovoltaics and energy storage. It is recommended to pay attention to leading enterprises with core technological barriers and overseas capabilities. Daily Economic News ### Related Stocks - [300953.CN](https://longbridge.com/en/quote/300953.CN.md) - [300390.CN](https://longbridge.com/en/quote/300390.CN.md) - [159190.CN](https://longbridge.com/en/quote/159190.CN.md) - [300351.CN](https://longbridge.com/en/quote/300351.CN.md) - [300438.CN](https://longbridge.com/en/quote/300438.CN.md) - [300750.CN](https://longbridge.com/en/quote/300750.CN.md) - [300769.CN](https://longbridge.com/en/quote/300769.CN.md) - [300776.CN](https://longbridge.com/en/quote/300776.CN.md) - [399266.CN](https://longbridge.com/en/quote/399266.CN.md) - [HCCD.SG](https://longbridge.com/en/quote/HCCD.SG.md) - [03750.HK](https://longbridge.com/en/quote/03750.HK.md) ## Related News & Research - [OCI Energy and CPS Energy break ground on Alamo City Battery Energy Storage Project | ING Stock News](https://longbridge.com/en/news/286964497.md) - [Battery storage firms eye AI demand but face grid, supply hurdles](https://longbridge.com/en/news/286790784.md) - [KPI Green Energy gains 5% after securing 120 MW BESS order from GUVNL](https://longbridge.com/en/news/286871942.md) - [LucidSound Introduces LS500 Wireless Gaming Headset, Built for All-Day Comfort and Seamless Play Across Devices](https://longbridge.com/en/news/286964121.md) - [12:20 ETAmerican Residential Services, LLC. Continues to Expand with the Acquisition of Tipping Hat Plumbing, Heating & Electric](https://longbridge.com/en/news/286944525.md)