电力电气设备、公用事业-光伏周谈:板块短期波动增加 组件龙头加大储能布局(25年第44周)

中金公司
Nov 17, 2025

行业动态行业近况上周板块表现弱于大盘:2025 年11 月10 日至11 月14 日,5个交易日,光伏产业指数-3.5%,同期沪深300 指数-1.4%。评论新能源板块在经历9-10 月相对较为顺畅的上涨后,近期市场波动明显增加。此前在主产业链基本面相对疲软、反内卷推进相对缓慢的情况下,储能及相关产业链持续的高景气带动新能源板块整体的表现,但目前估值交易到了相对充分的位置,波动有所加大。主产业链:...

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