The Carbon Neutrality and ETF Health (560560) fund recently achieved a significant milestone, demonstrating its commitment to sustainable energy. As of April 22, 2025, it recorded a net asset value increase of 0.19%, with a daily performance of 8.59% and a total transaction volume reaching 560.79 million CNY. The fund is strategically positioned in the carbon finance sector, reflecting a 0.20% decline in the Carbon Finance Index (000977).
In terms of constituent stocks, TCL Technology (002129) saw a rise of 3.87%, while Longi Green Energy (601012) climbed by 2.61%. Other notable performers included China National Building Material (601992) which increased by 2.41%, JinkoSolar (688223) with a rise of 5.42%, and GCL Technology (002850) which experienced a 2.81% increase.
On April 21, the US Department of Commerce announced that solar batteries and panels produced by Chinese manufacturers will face a staggering tariff rate of 3403.96%.
This month, the tariffs imposed by the US have had a significant impact on many solar companies, resulting in stock price fluctuations. The fund’s latest performance reflects the ongoing adjustments in the market, especially in the context of the US’s tightened trade policies.
As of today, the Carbon Neutrality and ETF Health (560560) fund remains the only publicly traded fund in China focusing on this sector, with 481 dedicated companies included in its portfolio. The top three constituents are Longi Green Energy with 1181 shares, Trina Solar with 633 shares, and JA Solar with 444 shares.
Analysts predict that the short-term outlook remains cautious, with significant volatility expected due to the US market’s reaction to these tariffs. Furthermore, as we approach the 2025 season, external factors such as global energy prices and supply chain disruptions will continue to influence the fund’s performance.
Investors are encouraged to stay informed about market dynamics and potential fluctuations in the value of carbon-related assets. The fund aims to provide transparency and support for investors navigating this rapidly evolving sector.
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