AI computing power fuels a "power grab" craze, with China's electrical equipment going global and experiencing high prosperity. The Power ETF Bosera(561700) has attracted over 25 million yuan in total over the past nine days.

On the news front, global tech giants are sparking a “power-snarling” frenzy to meet growing AI computing demands. As it’s understood, on April 1, 2026, Texas will build a large-scale energy complex to supply power to data centers. AI computing power is driving the world toward a super power cycle in the form of a “power-swallowing black hole.” In addition, China has already included “power-and-computing coordination” in its national new infrastructure strategy.

A research report from CITIC Construction Investment Securities notes that China’s power equipment going overseas is entering a golden development period. Customs data for January–February 2026 show that the export growth rate of China’s power transformers has stayed above 40%, continuing a relatively strong growth momentum, which continues to substantiate strong overseas demand. By market, the U.S. and European markets lead globally in the demand scale for transformers; demand has remained at high levels of momentum while supply and demand are relatively tight. Chinese companies exporting to North America have maintained high growth and are expected to continue increasing market penetration. As Europe and the U.S. siphon global production capacity, Chinese companies are seeing a surge of orders in the Middle East. In 2025, the value of China’s exported power transformers to Saudi Arabia exceeded RMB 6 billion. The research report expects that demand in the U.S. and European markets will remain strongly in favor; against the backdrop of increased demand in non-U.S./non-European markets such as the Middle East and the siphoning of global production capacity by the U.S. and Europe, Chinese companies will have plenty to do. Leading export companies continue to deliver on their fundamentals, and strong expectations are increasingly turning into reality.

As of 13:07 on April 7, 2026, the CSI All-Share Electric Power and Utilities Index (H30199) fell by 0.21%. In terms of constituent stocks, gainers and losers were mixed: GCL Energy Technology led the way up by 6.23%, Energy-saving Wind Power rose 5.51%, and Yue Power A increased 2.62%; Leshan Power fell the most by 2.90%, Huaneng International dropped 2.47%, and State Power Investment Corporation fell 2.24%. The Boshi Electric Power ETF (561700) fell by 0.27%, with the latest quote at RMB 1.11. Looking over a longer period, as of April 3, 2026, the Boshi Electric Power ETF has gained 4.78% cumulatively over the past three months.

In terms of liquidity, the Boshi Electric Power ETF saw an intraday turnover rate of 2.81%, with trading volume of RMB 9.4069 million. Looking over a longer period, as of April 3, the Boshi Electric Power ETF’s average daily trading value over the past month was RMB 14.4269 million.

Regarding fund inflows, within the past nine trading days, the Boshi Electric Power ETF saw net capital inflows on six days, totaling “net inflows to attract capital” of RMB 25.3165 million, with daily average net inflows reaching RMB 2.8129 million.

The Boshi Electric Power ETF closely tracks the CSI All-Share Electric Power and Utilities Index. To reflect the overall performance of securities of companies from different industries included in the CSI All-Share Electric Power and Utilities Index, and to provide an analytical tool for investors, the CSI All-Share Index’s sample securities are categorized by CSI industry classification into 11 first-level industries, 35 second-level industries, more than 90 third-level industries, and more than 200 fourth-level industries. Then, using all securities that enter each of the first-, second-, third-, and fourth-level industries as samples, an index is constructed to form the CSI All-Share industry index.

Data show that as of March 31, 2026, the top ten weight stocks of the CSI All-Share Electric Power and Utilities Index (H30199) are Yangtze River Power, China Nuclear Power, Three Gorges Energy, Guodian Electric Power, Yongtai Energy, China Guangdong Nuclear Power, State Power Investment Corporation, Huaneng International, Chuantou Energy, and Shanghai Electric. The combined weighting of the top ten weight stocks is 48.75%.

Boshi Electric Power ETF (561700), off-exchange connection (Boshi CSI All-Share Electric Power ETF launch-based connecting A: 017481; Boshi CSI All-Share Electric Power ETF launch-based connecting C: 017482).

(Individual stocks mentioned in the article are only for illustrative purposes and do not constitute actual investment advice. Funds involve risk; investors should be cautious.)

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