Kechuang New Energy ETF Penghua(588830) up over 1.3%, Middle East electrolytic aluminum capacity damaged by over 2 million tons

NightAirdropper · 2026-04-08T03:01:25+00:00

More than 2 million tons of Middle Eastern aluminum electrolysis capacity has been damaged, and domestic aluminum operating rates have rebounded to 65.5%. It is expected that in 2026, European new energy vehicle sales will grow by 27.8% to 219,000 units, with penetration reaching 30%. The Sci-Tech Innovation Board New Energy Index rose, with its component stocks delivering strong performance, and the Penghua ETF increased by 1.37%.

NightAirdropper

2026-04-08 03:01:25

Abstract generation in progress

On the news front, Middle East electrolytic aluminum production capacity has been damaged by more than 2 million tons (accounting for 3% of the global total). Of this, 1.6 million tons in the United Arab Emirates has been shut down, and full restoration will take 12 months. Combined with the domestic aluminum downstream operating rate rebounding to 65.5%, supply rigidity has become more pronounced.

Kaiyuan Securities noted that in February 2026, the sales of new-energy vehicles in nine European countries reached 219k units, up sharply 27.8% year over year, with a penetration rate of 30.0%. Among them, markets such as Italy and Spain showed particularly strong growth. Germany, the UK, France, Italy, and Spain have all clearly indicated that subsidies for electric cars in 2026 will be continued or optimized. The European Commission also passed an adjustment to the 2035 emissions-reduction target, providing a “super points” incentive for small electric vehicles, further reinforcing the long-term trend toward electrification.

As of 10:53 on April 7, 2026, the SSE STAR Market New Energy Index (000692) surged 1.25%. Component stocks BoLiWei rose 15.63%, ZhenHua New Materials rose 4.89%, JAYY Technology rose 4.63%, and others such as Fangyuan Shares and Jinbo Shares followed higher. The Penghua CSI STAR Market New Energy ETF (588830) rose 1.37%, with the latest price at 1.49 yuan.

The Penghua CSI STAR Market New Energy ETF closely tracks the SSE STAR Market New Energy Index. The SSE STAR Market New Energy Index selects 50 securities of listed companies with relatively large market values from sectors such as photovoltaic, wind power, and new-energy vehicles within the STAR Market as index samples, in order to reflect the overall performance of securities of representative listed new-energy industry companies in the STAR Market.

Data show that as of March 31, 2026, the top ten weight stocks of the SSE STAR Market New Energy Index (000692) are Jingke Energy, Trina Solar, Canadian Solar, Goodwell Wei, Xiamen Tungsten New Energy, EVE Energy, GAV Technology, Topray Materials, Autowei, and Datang Energy. The combined share of the top ten weight stocks is 45.37%.

Penghua CSI STAR Market New Energy ETF (588830), over-the-counter fund connection (A: 023075; C: 023076; I: 024157).

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