Southern Solar ETF (03134) rose more than 3% during the trading session. As of the time of writing, it was up 3.08% to HK$6.69, with a turnover of HK$6.313 million.

On the news front, a recent meeting of the Political Bureau of the CPC Central Committee for the first time included mergers and acquisitions as part of a comprehensive governance approach to combat internal competition. Through a combination of measures including capacity regulation, price oversight, and standard setting, the aim is to curb disorderly low-price competition within the industry.

Guotai Haitong Securities noted that these policy signals have helped stabilize prices across the industrial chain, gradually solidifying support at the industry's bottom. Simultaneously, measures such as energy consumption constraints to phase out outdated capacity, along with technology grading and the establishment of patent pools, are driving the industry's shift from price wars to competition based on technology and quality.

Furthermore, space-based photovoltaics are seen as a significant catalyst for the sector's performance this year, opening up new application scenarios and growth potential for the solar industry.

Public information shows that the Southern Solar ETF tracks the photovoltaic industry index. The CSI Photovoltaic Industry Index selects up to 50 of the most representative listed company securities from those whose main business involves the upstream, midstream, and downstream segments of the photovoltaic industry chain, reflecting the overall performance of listed companies in the photovoltaic sector.