On May 15, the power sector saw localized gains. Datang International Power Generation Co.,Ltd. surged, achieving seven limit-up closes in the past eight trading sessions. Jingneng Power staged a dramatic reversal from limit-down to limit-up. Shares including Jinneng Power, Solar Power, Huadian Power, and Jiazhen New Energy rose over 1%. Among popular ETFs, Power ETF Hwabao (159146), which provides comprehensive exposure across wind, solar, hydro, thermal, and nuclear power sources, recovered after an intraday dip, with capital buying 20.5 million units on the dip.
Catalysts include a joint action plan issued by the National Development and Reform Commission and three other ministries to promote the bidirectional empowerment of artificial intelligence and the energy sector. The plan clarifies the direction of integrating computing and power, aiming for significantly enhanced interaction capabilities between new energy sources and computing power by 2027, and for AI computing power's clean energy supply to reach world-leading levels by 2030. China International Capital Corporation (CICC) noted that power assets are characterized by high capital intensity and low obsolescence rates. Meanwhile, new directions like power-data synergy and green fuels are expected to boost electricity demand.
On the AI demand side, Morgan Stanley stated that driven by a 350% surge in token demand, its 2026 capital expenditure forecast for hyperscale cloud service providers has been significantly raised from $450 billion to $800 billion. Morgan Stanley anticipates data centers will face a 55-gigawatt power shortfall. AI participants are increasingly acquiring "off-grid" solutions. Power availability has become a decisive factor tightening financing for energy infrastructure.
To comprehensively capture energy opportunities, consider Power ETF Hwabao (159146) and its feeder fund (Code: 026949). The underlying index focuses on the power utilities sector, providing full exposure to thermal, hydro, wind, nuclear, and solar power. This allows investors to capture the growth potential from the surge in new energy installations while leveraging the high dividends and stable cash flows of traditional power leaders to smooth market volatility, achieving a dual fit of "defensive foundation + growth elasticity."
Source: Shanghai and Shenzhen Stock Exchanges, etc.
ETF Fee Note: When subscribing for or redeeming fund units, subscription/redemption agents may charge a commission not exceeding 0.5%. On-exchange trading fees are subject to the actual charges by securities firms; no sales service fee is charged.
Hwabao CSI All Share Power Utilities ETF Feeder Fund Fee Note: ① Subscription Fee: Below 2 million RMB, 0.3%; 2 million RMB (inclusive) and above, 1000 RMB per transaction. ② Redemption Fee: Within 7 days, 1.5% for both individual and institutional investors; 7 days (inclusive) and above, 0% for individual investors; 7 days (inclusive) to 30 days, 1% for institutional investors; 30 days (inclusive) to 180 days, 0.5% for institutional investors; 180 days (inclusive) and above, 0% for institutional investors. ③ Sales Service Fee: None.
Risk Disclosure: Power ETF Hwabao passively tracks the CSI All Share Power Utilities Index. The index base date is December 31, 2004, and its release date is July 15, 2013. The index constituents are adjusted according to its compilation rules, and its backtested historical performance does not indicate future results. The index constituents mentioned are for illustrative purposes only. Descriptions of individual stocks do not constitute investment advice in any form nor represent the holdings or trading动向 of any fund managed by the manager. The fund manager assesses this fund's risk等级 as R3 - Medium Risk, suitable for Balanced (C3) and above investors. Suitability matching opinions are subject to销售机构. Any information appearing herein (including但不限于 stocks, commentary, forecasts, charts, indicators, theories, any form of expression, etc.) is for reference only. Investors are responsible for their own investment decisions. Furthermore, any views, analysis, or forecasts herein do not constitute investment advice of any kind to readers, nor shall they bear any responsibility for direct or indirect losses arising from the use of this content. Fund investment involves risks. The past performance of a fund does not represent its future performance. The performance of other funds managed by the fund manager does not guarantee the performance of this fund. Invest in funds with caution.
A MACD golden cross signal has formed, and these stocks are performing well.
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