As of 10:55, the CSI Green Power Index (562960) fell by 1.46%. Among the top ten weighted stocks, China National Nuclear Power rose by 0.22%, Yangtze Power fell by 0.4%, Three Gorges Energy fell by 1.66%, Guodian Power fell by 0.2%, State Power Investment Corporation fell by 0.44%, Huaneng International rose by 1.43%, Chuan Investment Energy fell by 0.99%, Shanghai Electric Power fell by 4.9%, Zhejiang Energy Power fell by 0.67%, and Chuan Energy Power fell by 2.24%. As of the previous trading day, the CSI Green Power Index (562960) has risen by 19.25% over the past year.

The green power ETF E Fund (562960) continues to attract capital inflows. As of the previous trading day, this fund has "absorbed" over 360 million yuan in the past five days and over 680 million yuan in the past 20 days.

In terms of news, data from the Shenzhen Power Supply Bureau of China Southern Power Grid shows that on June 5 at 12:24, the electricity load of the Shenzhen power grid reached 25.2503 million kilowatts, marking the third historical high in nine consecutive days (from last Thursday to this Friday). Data from the State Grid Zhejiang Electric Power indicates that the highest electricity load in Zhejiang reached 110 million kilowatts on June 3, setting a new high for electricity load in the province this summer. According to forecasts, the highest electricity load in Zhejiang this summer may reach 142 million kilowatts, an increase of 8.4% year-on-year.

The National Climate Center has warned that the probability of an El Niño event in 2026 exceeds 80%, with high temperatures expected to arrive earlier and last longer. Meanwhile, the National Development and Reform Commission predicts that the national highest electricity load this summer will reach 1.6 billion kilowatts, an increase of about 90 million kilowatts compared to last year.

Fangzheng Securities released a research report stating that in the thermal power sector, starting from 2026, capacity electricity prices will generally increase across various regions, which is expected to alleviate the pressure of declining electricity prices to some extent. In the hydropower sector, abundant water resources are expected to drive overall hydropower generation, and hydropower companies are less affected by market fluctuations. Considering the overall high dividend payout ratio of hydropower companies, the dividend yield still has an advantage in the trend of declining risk-free interest rates. In the green power sector, regarding nuclear power, although the on-grid electricity prices for nuclear power companies may decrease, considering the steady approval pace of nuclear power in recent years and the gradual implementation of mechanism electricity prices in various regions, it may provide a bottom support for nuclear power prices; in terms of wind and solar, the competitive electricity prices have decreased compared to existing project prices, with wind power prices generally being higher and the consumption conditions relatively favorable.

The green power ETF E Fund (562960, off-market connection A/C: 019058/019059) packages leading enterprises in wind, solar, hydropower, and thermal power transformation, assisting in the layout of new power system construction + the main line of investment in industry recovery