CITIC Securities: The new energy industry is expected to experience a Davis double play

2026-03-26 06:30:03

People’s Financial News reported on March 26 that CITIC Securities’ research report states that in the short term, amid a significant rise in oil and gas prices, the new energy industry is expected to benefit from its flexible allocation attributes and improved 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 the energy structure has vulnerabilities, making the development of clean energy an upgrade from a low-carbon transition to an essential energy security strategy. Therefore, combined with the trend of increasing demand for new energy and event-driven catalysts such as geopolitical conflicts, the industry is expected to experience a Davis double play.

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