AI Empowers, Power Stocks Surge Over 17% This Round! Huabao Fund Power ETF (159146) Seven Consecutive Gains Reaching New Highs! Will the Right-Side Major Rally Continue?

On Thursday, March 12, renewable energy, photovoltaic, thermal power, and other specialized stocks collectively strengthened in the afternoon, with the electricity sector experiencing a surge and hitting the daily limit-up streak! Among them, major leaders like Datang Power, Green Power, Jinkai New Energy, GCL Energy, Jiangsu Energy, Construction Investment Energy, and Energy Saving Wind Power all strongly hit the limit, while Guiguan Power, Waneng Power, and Jingneng Power rose over 5%.

In popular ETFs, the Huabao Power ETF (159146), which is fully focused on the electricity sector, surged in the afternoon, closing up 2.55%, marking seven consecutive days of gains and reaching a new high, with clearer signals on the right side. Throughout the day, there was premium trading, with active buying, and a net subscription of 8.5 million units.

Looking at the longer-term trend, driven by multiple favorable factors such as token globalization, computing power collaboration, and inflation expectations, the electricity sector has risen over 17% since the Chinese New Year, significantly outperforming the Shanghai and Shenzhen 300 and CSI 500 indices.

Note: The Huabao Power ETF passively tracks the CSI All Share Power Utility Index, which was established on December 31, 2004, and published on July 15, 2013. The annual historical returns for the CSI All Share Power Utility Index from 2021 to 2025 are: 42.52%, -16.39%, -0.98%, 11.86%, -1.28%. The index components are adjusted periodically according to the index rules. Past performance does not predict future results.

Huachuang Securities points out that policy support combined with economic incentives jointly drive the coordinated development of “electricity + computing power.” There are three main driving forces behind this trend: ① High-level policy emphasizing “computing and electricity collaboration,” with continuous policy releases related to integrated computing and power; ② Green electricity is expected to ease the constraints on data center growth caused by energy consumption dual control policies; ③ The low electricity prices of green power promote cost reduction in data centers.

Looking ahead, the era of integrated computing and power is arriving. Huachuang Securities recommends paying attention to three types of assets: ① Companies expanding from traditional power to data centers; ② Integrated energy management service providers with grid background; ③ Power operators likely to benefit from green power direct connection catalysts.

To comprehensively grasp the opportunities of “electricity + computing power” collaboration, it is recommended to focus on the Huabao Power ETF (159146), which tracks the power utility sector, covering thermal, hydro, wind, nuclear, and photovoltaic power. The sector has a high concentration of leading stocks and will continue to benefit from AI computing power growth and power reform policies, offering both dividend and growth potential.

ETF-related fee disclosure: When investors subscribe or redeem fund units, the agency may charge a commission of up to 0.5%. Trading fees on the secondary market are based on the actual charges by securities firms, with no sales service fee.

*Institutional viewpoint reference: Huachuang Securities “‘Electricity+’ Series Research (1): Industry Tracking Report: Electricity + Computing Power: Starting a New Cycle of Power-Computing Integration”

Risk warning: The Huabao Power ETF passively tracks the CSI All Share Power Utility Index, established on December 31, 2004, and published on July 15, 2013. The index components are adjusted periodically according to the index rules. Past backtested performance does not predict future performance. The index components shown are for display only; descriptions of individual stocks are not investment advice and do not reflect holdings or trading activities of any funds managed by the manager. The risk level of this fund, assessed by the fund manager, is R3—medium risk, suitable for active investors (C3) and above. Suitability matching opinions are subject to the sales institution. All information in this article (including but not limited to stocks, comments, forecasts, charts, indicators, theories, and any form of statements) is for reference only. Investors are responsible for their own investment decisions. The views, analysis, and forecasts in this article do not constitute investment advice and do not hold the fund manager liable for any direct or indirect losses resulting from the use of this content. Investment in funds involves risks; past performance does not guarantee future results. The performance of other funds managed by the fund manager does not guarantee the performance of this fund. Please invest cautiously.

MACD Golden Cross signals have formed, and these stocks are on a good upward trend!