Solar PV Supply Chain Surges, Csop Huatai-Pinebridge Csi Photovoltaic Industry Etf (03134.HK) Jumps Over 3.5% Intraday

NewTimeSpace News:On March 11, the A-share solar photovoltaic (PV) supply chain surged, with Shouhang New Energy, Chint Power, and Deye Co., Ltd. hitting their daily upper limits, while Sungrow Power jumped over 9%.Csop Huatai-Pinebridge Csi Photovoltaic Industry Etf(03134.HK) gained more than 3.5% during the trading session.

Csop Huatai-Pinebridge Csi Photovoltaic Industry Etf(03134.HK) tracks the photovoltaic industry index. The CSI Photovoltaic Industry Index selects no more than 50 of the most representative listed companies from the upstream, midstream, and downstream segments of the PV industry chain to reflect the overall performance of PV industry securities.

Recently, the Ministry of Industry and Information Technology (MIIT) and five other departments issued the "Guiding Opinions on Promoting the Comprehensive Utilization of Photovoltaic Modules." This initiative not only alleviates future solid waste pressure and ensures the security of critical metal resources, but also consolidates China's global leadership in the PV industry, providing sustainable support for achieving "dual carbon" goals.

Additionally, inventory in the cell segment continues to decline. Overseas orders and downstream trader orders currently represent the primary sources of demand. Manufacturers with stable overseas sales channels have demonstrated robust order performance in March, with minimal new inventory accumulation.

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