Today, the electric grid equipment sector experienced a significant uptick in the afternoon trading session. Jinpan Technology reached a new intraday high, while Tongda Co., Heshun Electric, and Sifang Co. all hit their daily price limits. New Special Electric surged by over 10%, and other stocks such as Zhongchen Co., Baiyun Electric, Liangxin Co., Mingyang Electric, and Kerun Smart Control also saw gains.
On October 13, Eastern US time, NVIDIA officially unveiled the technical specifications for the NVIDIA Vera Rubin NVL144, a next-generation open architecture rack server. Over 20 industry partners showcased new core technologies and components at the summit, including new chips, components, and power systems. They also demonstrated support capabilities for megawatt-class 800-volt direct current (VDC) data centers.
Relevant stocks in the smart grid sector include:
– **Tongda Co.** (limit up, a supplier of grid equipment, benefiting from increased investment in smart grids)
– **Heshun Electric** (limit up, a manufacturer of power electronic devices focused on smart grid solutions and energy efficiency management)
– **Sifang Co.** (limit up, a provider of power automation systems involved in smart grid control and monitoring systems)
– **New Special Electric** (up over 10%, a manufacturer of electrical equipment with products that encompass smart grid components and transformers).
Related exchange-traded funds (ETFs) include the Huaxia CSI Grid Equipment Theme ETF (159326), the GF National Standard New Energy Battery ETF (159305), and the E Fund National Standard New Energy Battery ETF (159566).
Over the past five trading days, the smart grid concept has increased by 1.03%, while the main funds recorded a net outflow of 14.767 billion yuan. This indicates that although the sector has shown an overall upward trend recently, the net selling by major funds may reflect some profit-taking behavior by investors, suggesting potential short-term adjustments in capital flow.
Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/nvidias-data-center-advances-boost-smart-grid-sector-in-afternoon-trading/
