--- title: "The Electric Power ETF (560480) rose by 2.81%, reaching a new high in a day! Jinkong Power, SAINTY MARINE, and others hit the daily limit up, with the electricity supply gap sounding the alarm in advance" type: "News" locale: "en" url: "https://longbridge.com/en/news/287999465.md" description: "The Electric Power ETF (560480) rose 2.81% in early trading on May 29, reaching a new historical high. Several stocks, including Jinkong Power and SAINTY MARINE, hit the daily limit, as the electric power sector collectively surged due to the resonance of demand, policy, and capital factors. The National Development and Reform Commission expects the electricity load this summer to reach 1.6 billion kilowatts, increasing supply pressure. The Electric Power ETF focuses on core leading companies in the electric power sector and is an important tool for positioning in the electric power market" datetime: "2026-05-29T02:37:22.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/287999465.md) - [en](https://longbridge.com/en/news/287999465.md) - [zh-HK](https://longbridge.com/zh-HK/news/287999465.md) generator: "portal-rs" --- # The Electric Power ETF (560480) rose by 2.81%, reaching a new high in a day! Jinkong Power, SAINTY MARINE, and others hit the daily limit up, with the electricity supply gap sounding the alarm in advance On the morning of May 29, the power sector experienced a surge in limit-up stocks. As of 10:27 AM, the Power ETF China Merchants (560480) rose by 2.81%, reaching a new historical high during the session. The performance of constituent stocks was explosive—Jinkong Power, SAINTY MARINE, Guangdong Power A, and Baofeng New Energy all hit the limit-up, leading to a collective explosion in the sector. This round of collective explosion in the power sector is the result of a strong resonance of three factors: demand, policy, and capital. On the demand side, the real-time electricity load in five southern provinces has set historical highs for three consecutive days. The National Development and Reform Commission (NDRC) estimates that the national peak electricity load this summer will reach about 1.6 billion kilowatts, an increase of about 90 million kilowatts compared to last year; under El Niño conditions, for every 1°C increase in temperature, the national electricity load may increase by 20 to 30 million kilowatts, creating supply pressure that is rare in recent years. On the policy side, the NDRC and the National Energy Administration issued a notice on "orderly promoting the development of multi-user green electricity direct connection," upgrading the electricity collaboration from "one-to-one" to "multi-user sharing"; the country's first large-scale electricity collaboration green electricity direct supply project (Dagang Zhongwei Cloud Base 500,000-kilowatt photovoltaic power station) has officially commenced operation. On the capital side, after a significant rise in growth sectors, there has been a fluctuation, with funds switching from high-position technology stocks to the relatively lower-position, fundamentally sound power sector. Power stocks possess defensive attributes with high dividends and abundant cash flow, along with growth themes from electricity collaboration. Individual stocks like SAINTY MARINE, in addition to the common catalysts of the sector, also have fundamental support from new unit production, trust scale exceeding one trillion, and coal power capacity price adjustments. It is understood that the Power ETF China Merchants (560480) focuses on core leaders in the power sector, covering sub-sectors such as thermal power, hydropower, nuclear power, and renewable energy generation, making it a core tool for positioning in the power market ### Related Stocks - [000767.CN](https://longbridge.com/en/quote/000767.CN.md) - [002608.CN](https://longbridge.com/en/quote/002608.CN.md) - [560480.CN](https://longbridge.com/en/quote/560480.CN.md) - [000539.CN](https://longbridge.com/en/quote/000539.CN.md) - [000690.CN](https://longbridge.com/en/quote/000690.CN.md) - [200539.CN](https://longbridge.com/en/quote/200539.CN.md) ## Related News & Research - [GLOBAL POWER SOLUTIONS ADVANCES MODULAR HYDROGEN POWER SYSTEM WITH PROPOSED FIRST EQUIPMENT PURCHASE](https://longbridge.com/en/news/296067773.md) - [Unipar Carbocloro publishes investor presentation factsheet](https://longbridge.com/en/news/296144699.md) - [Quadravest Preferred Split Share ETF declares CAD 0.0583 dividend](https://longbridge.com/en/news/296378937.md) - [Cellcom Energy signs NIS 820 million electricity purchase deal with Nofar Energy](https://longbridge.com/en/news/296025885.md) - [Duro Felguera shareholders vote on EUR 210 million related-party deal for Mexico’s Tula power project](https://longbridge.com/en/news/296058528.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**