
New Energy ETF (516160) decreased by 0.51%, with a trading volume of 2891.63 million yuan on the previous day. As of May 29, 2025, at 11:32 AM, the New Energy ETF (516160) showed a decrease of 0.51%, with a trading volume of 2891.63 million yuan.
On May 29, 2025, market analysts predict that the New Energy ETF (516160) will reflect significant developments within the sector. A major conference focused on high-quality development in the new energy sector will commence on May 24 in Shenzhen. Analysts, economists, and financial experts anticipate that this event may influence market trends.
As of May 29, the New Energy ETF (516160) reported a slight decline of 0.51%, with a price of 1.788 yuan and trading volume of 2891.63 million yuan. The ETF’s performance was compared to a range of other energy resources, including a 0.44% drop in fossil fuels and a 1.19% increase in solar power. Other energy sectors showed varied performance: green energy decreased by 0.63%, while China’s coal power remained unchanged at 0.00%. The specialized electricity sector rose by 0.69%, with other energy sources experiencing minor fluctuations.
The New Energy ETF (516160) has been evaluated against key performance indicators, showing a return of -45.06% since its inception on January 22, 2021, while the latest month reported a positive return of 1.45%.
Market conditions indicate volatility, and analysts suggest that caution is warranted. The information presented here is generated by an AI model, and readers are encouraged to use it as a reference rather than as personalized investment advice.
For further insights and updates, the latest financial reports and analyses can be accessed through the New Energy Financial App. This application provides real-time data and information relevant to the New Energy ETF and its market performance.
Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/new-energy-source-etf-516160-declines-by-0-51-with-trading-volume-of-289-16-million-yuan/
