As of 13:52, May 6, 2024, the CSI Energy Index (000928) had dropped 1.03%. In terms of constituent stocks, gains and losses were mixed, Hengyi Petrochemical (000703) led an increase of 3.60%, Meijin Energy (000723) rose 3.45%, and Jizhong Energy (000937) rose 3.07%; PetroChina (601857) led the decline of 3.89%, Shaanxi Coal Industry (601225) fell 3.02%, while CNOOC (600938) fell 2.74%. Energy ETF (159930) fell 1.01%, the latest quotation was 1.46 yuan, and the intraday turnover reached 35.83 million yuan, with a turnover rate of 8.06%. It is worth noting that although the energy ETF (159930) fell against the trend during the session, the capital selection increased when the market fell, and the net subscription of 4 million shares was obtained during the session!

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In the long run, as of April 30, 2024, energy ETF has risen 9.00% in recent March. In terms of capital inflow, the energy ETF has attracted a total of 10.5047 million yuan in the past 7 trading days.

According to the analysis of the industry institutions, it is expected that in the second quarter of 2024, the coal market relations will continue the previous trend and maintain a basic balance. The coal price will continue to show a downward trend, but there will be a staged rebound. At the same time, the long-term association and the improvement of downstream demand will provide some support for the price. The profit of coal enterprises changed little month on month. The overall credit level of the coal industry remained stable.

According to the analysis of insiders, in the medium and long term, factors such as the upcoming peak gasoline demand season, the upcoming power generation peak in the Middle East, and the decline of refinery maintenance data will support the crude oil price. In the context of regional conflict and re inflation, the rise in crude oil prices will lag behind precious and non-ferrous metals. The rise and fall logic of crude oil is different from that of precious metals and nonferrous metals. In addition to the current regional conflict and the maintenance of production reduction in the major production areas in the Middle East, the current oil price fluctuation is not a long-term global shortage of supply, but a supply problem under regional control, so crude oil will not maintain a long-term risk premium.

The number of constituent stocks of the CSI 800 Energy Index is only 24, with coal content of 60% and oil content of 40%. In the context of the rising high dividend sector, the number of constituent stocks is outstanding. PetroChina SINOPEC (China Petrochemical Corporation Two major heavyweights accounted for more than 28%, including China Shenhua , Shaanxi Coal Industry, CNOOC and other top 5 heavyweight stocks accounted for more than 62%! The top ten heavyweight stocks accounted for more than 78%!

Source: official website of China Securities Index

Seize the great opportunity of traditional energy, layout the classic high dividend plate, and the related product energy ETF (159930), which only includes 24 coal shares+oil shares, a rare variety in the whole market!

The energy ETF closely tracks the CSI Energy Index, in order to reflect the overall performance of the securities of companies in different industries in the CSI 800 index sample, and provide investors with analytical tools, the CSI 800 index sample is divided into 11 primary industries and 35 secondary industries according to the classification of the CSI industry, and then the index is compiled with all the securities entering the primary and secondary industries as samples to form the CSI 800 industry index.

Risk tip: The fund has risks, so investment should be cautious. Investors should read the Fund Contract, Prospectus, Product Data Summary and other legal documents, understand the risk return characteristics of the fund, especially the unique risks, and judge whether it is suitable for their own risk tolerance according to their own investment purpose, investment experience, asset status, etc. The Fund Manager promises to manage and use the Fund's assets in the principle of honesty, credit, prudence and responsibility, but does not guarantee that the Fund will not lose its profits or principal. The energy ETF belongs to the medium risk level (R4) product, which is suitable for investors who are aggressive (C4) and above after the evaluation of customer risk level. The individual stocks mentioned in the article are only objective demonstration and enumeration of the constituent stocks of the index. The information presented in this article is only for reference, and investors must be responsible for any discretionary investment behavior. Any opinion, analysis and prediction in this article does not constitute any form of investment advice for readers. The underlying index does not fully represent the entire stock market. The average return of the underlying index component stocks may deviate from the average return of the entire stock market. Investors should pay attention to the risk of indexation investment and the holding risk of concentrated investment in the constituent stocks of the CSI 800 Energy Index. Investors should pay attention to the risk of heavy equity and high concentration of some index components. Investors should pay attention to the risk of indexation investment, ETF operation risk, the unique risk of investing in specific varieties, and participation in transfer Accommodation Risks of securities lending business, etc.