On November 20, the three major A-share indices opened higher, with overall market sentiment recovering. As of 10:08, the only Grid Equipment ETF (159326) in the entire market rose by 0.84%, with trading remaining active. The intraday turnover had already reached 55.78 million yuan. Among its holdings, Dongcai Technology hit the daily limit up, while Shuangjie Electric, Jinlongyu, Tebian Electric, and Huaming Equipment were among the top gainers.

Driven by ongoing positive news, the Grid Equipment ETF has continued to attract capital attention recently, with a net inflow of over 1.57 billion yuan in the past month. Its latest size exceeds 1.9 billion yuan, making it the largest grid equipment-themed ETF in the entire market.

Huaan Securities pointed out that the environmental impact assessment and approval processes for ultra-high voltage projects are expected to accelerate rapidly from the end of this year to the beginning of next year. Meanwhile, as an essential component for stable growth in the power equipment sector, the grid has historically benefited directly from investment-driven growth, making related targets worth watching.

The Grid Equipment ETF (159326) is the only ETF in the entire market that tracks the CSI Grid Equipment Theme Index. According to the Shenwan tertiary industry classification, the index components are primarily distributed across sectors such as power transmission and transformation equipment, grid automation equipment, cable components and others, communication cables and supporting equipment, and power distribution equipment, demonstrating strong representativeness. The ultra-high voltage segment accounts for a high weight of 64%, the highest in the entire market.