ETF Market Recap: Grid Infrastructure Sector Shows Strong Fundamentals Amid Domestic Investment Boost and Overseas Equipment Export Opportunities

Deep News
03/05

A-shares strengthened with volatility today, with the Shanghai Composite Index reclaiming the 4,100-point level to close at 4,108.57, up 0.64%. Trading volume reached 2.41 trillion yuan, and more than 4,000 stocks advanced. Major Asian markets, including Japan and South Korea, also closed higher, with South Korean equities hitting a record high after the president announced a market stabilization plan worth approximately 470.4 billion yuan. The Fourth Session of the 14th National People's Congress commenced, with the government work report emphasizing technological innovation among other key areas. The Grid ETF (561380) rose 4.14%, supported by growing U.S. grid demand and China's competitive advantage in equipment exports, alongside potential upward revisions to domestic investment plans. The Communications ETF (515880) gained 2.63%, driven by global AI-driven demand, supportive domestic policies, and promising prospects in quantum communication. Investors are reminded to consider associated risks.

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