Zhitong Financial APP learned that the first batch of 8 carbon-neutral ETF products "full moon" report card. A month after the release, the first batch of 8 carbon-neutral ETF did not perform as expected, and its share and net worth decreased.
In terms of share, as of August 19, the cumulative share of the first eight carbon neutralization ETF was 11.506 billion, down 4.912 billion from the early days of its establishment; in terms of net value, the net worth of the first eight products all fell below 1 yuan, with an average net value of 0.97 yuan, with an average decline of 2.98% since its inception; in terms of scale, the latest cumulative scale of the eight products was 11.142 billion yuan, a decrease of more than 32% compared with the beginning of the launch.
On July 4, the first batch of eight carbon neutralization ETF was officially released, which was once popular in the market and became a "small fashion style". All of them were sold within five days, and finally 331300 households were effectively subscribed, with a total amount of more than 16.418 billion yuan.
Products owned by Yi Fangda, Nanfang, Fuguo and Guangfa were the first to go public on July 19, with a cumulative turnover of 1.944 billion yuan on the first day, with an average turnover rate of more than 15%. Among them, the first-day turnover of products from rich countries and southern China exceeded 500 million yuan, setting a new high for the first day of listing of ETF this year.
Index performance, the first batch of 8 carbon neutralization ETF tracking the Shanghai Ring Exchange carbon Neutralization Index (SEEE carbon Neutralization Index), has also been quite volatile since the second half of the year. First it climbed all the way to a high on July 8, then shaken down. As of August 19, the SEEE carbon neutralization index was at 2079.79 points, down 4.02 per cent since July 19.
During the same period, all the top ten heavyweights in the index fell except Sunshine Power (300274.SZ). Among them, Dongfang Yuhong (002271.SZ) fell the most by 21.25%, Longji Green Energy (quotation 601012, diagnosis stock) fell 12.72%, and Tongwei shares (600438.SH), 002594.SZ (BYD) and Anhui Conch Cement (600585.SH) fell more than 7%.
However, most people in the industry are still optimistic about this sector, saying that the decline in short-term performance is a normal fluctuation, and the investment potential of the carbon-neutral track is still huge in the long run.
Huicheng Fund Research Center said that carbon neutralization in the future is still a promising sector of the capital market. In the near future, the global temperature has reached a new high this summer, and there is a long way to go to control climate warming, so it is inevitable to increase investment in new energy and environmental protection. On the other hand, the electric vehicle and photovoltaic industry entered the stage of prosperous supply and demand in the first half of this year. Therefore, the dual-carbon track is still the most valuable investment area.
Changjiang Securities said in a research report that since 2022, carbon neutralization has continued, and relevant policies on carbon neutralization in China have been spoken frequently to encourage the accelerated development of low-carbon industries, and based on the current situation, the carbon peak and the overall path of carbon neutralization in high-carbon industries have been rectified. targeted to make more clear arrangements for future emission reduction work to ensure that the "dual carbon" goal is achieved as scheduled. At present, it mainly focuses on the popularization and utilization of green clean energy led by photovoltaic and wind power, so as to realize the transformation of green power. Based on China's resource endowment of "more coal, less oil and less gas", thermal power assets will still play a solid role in the foreseeable future.