Electricity index ETF has long -term investment opportunities, Ganneng and Huaneng International lead

On September 28, the power sector shook down. Ganneng's shares led, Huaneng International has risen, and the ETF (562350) of the Electricity Index (562350) has a large adjustment rate in the past week, and the valuation section has declined significantly.

Tianfeng Securities said that the role of thermal voltage stones is prominent, and the approval construction is expected to be accelerated. On the one hand, my country's economy has entered a stage of high -quality development, and power demand and load will continue to grow rapidly. On the other hand, the pace of transformation and adjustment of the energy and power industry under the "dual carbon" goal has accelerated, and it is in the new type of new energy as the main body. In the process of power systems, the safety and stable supply of power is more difficult, and the tight power supply in seasonality and extreme weather will increase significantly. In this context, the value of thermal power of thermal power pockets and peak adjustment frequency adjustment is prominent, and the enthusiasm of thermal power investment construction has increased. Related policies are frequent, and profitability is expected to continue to be repaired. At the cost side, the coal price management policy is frequent. We believe that under the control of policy management and control, the long -term coal performance rate is expected to increase and drive the cost of fuel costs. Electricity end, capacity and electricity prices are expected to accelerate, and the fixed cost of thermal power crew will be reasonably compensated. At the same time, with the gradual implementation of high energy -consuming electricity prices, the operator's performance is also expected to further thickened.

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