ChiNext New Energy ETF Tianhong (159190) will be listed and traded next Monday. Institutions: The new energy industry is expected to experience a Davis double play.

Tianhong Fund Management Co., Ltd. announced on March 25 that the Tianhong ChiNext New Energy Exchange-Traded Open-End Index Securities Investment Fund (Stock abbreviation: ChiNext New Energy ETF Tianhong, stock code: 159190) will be listed and traded starting next Monday (March 30).

The ChiNext New Energy ETF Tianhong (159190) focuses on the new energy industry chain in the ChiNext market, bundling segments such as lithium batteries, inverters, and battery chemicals with one click. The ETF’s target index includes fifty listed companies in the new energy sector of the ChiNext market, with a high concentration of constituent industries. Driven by policies against “internal competition,” the industry is improving quality and efficiency, and the value of sector allocation is expected to gradually become more apparent.

Additionally, all index constituent stocks are from the ChiNext market, with daily price fluctuation limits of up to 20%, offering greater flexibility compared to main board stocks.

Huaxin Securities pointed out that the recent escalation of tensions in Iran has evolved into a systemic shock to the global energy supply system, significantly strengthening the logic of energy security and making it a long-term pricing mainline. Against this backdrop, policies in various countries are shifting toward “independent control,” which is reflected in A-shares, benefiting the three major directions of new energy power generation, energy storage, and grid equipment.

CITIC Securities noted that in the short term, amid a sharp rise in oil and gas prices, the new energy industry is expected to benefit from increased flexibility and economic advantages, leading to accelerated demand growth. In the medium to long term, China, Europe, and the Asia-Pacific region face shortages of oil and gas resources, and energy structures have vulnerabilities. The development of clean energy will shift from a low-carbon transition to an essential strategic move for energy security. Therefore, combined with the trend of increasing demand for new energy and the catalytic effects of geopolitical conflicts, the industry is expected to experience a “Davis double play.”