The ChiNext New Energy ETF by Huaxia—the lowest market-wide fee rate across the board—rose 4.15%; in March, new energy vehicle sales surged 55% month-on-month, reinforcing the logic behind the auto market recovery.

Ask AI · How does the surge in new energy vehicle sales in March drive ETF gains?

The Huaxia New Energy ETF on the ChiNext Board (159368) closed up 4.15%, with the latest price at 1.48 yuan. The constituent stocks FeiRongDa rose 11.14%, Robotech increased 9.01%, Lead Intelligent up 7.07%, Maiwei Co., Doushi Technology, and others followed suit.

In terms of liquidity, the Huaxia New Energy ETF on the ChiNext Board had a turnover rate of 16.76% during trading, with a transaction volume of 132 million yuan, indicating active market trading. Looking at a longer period, as of April 8, the Huaxia New Energy ETF on the ChiNext Board had an average daily transaction volume of 133 million yuan over the past week.

On the news front, from April 11-12, 2026, the inaugural High-Level Forum on the Development of Intelligent Electric Vehicles (2026) will be held at Phase II of the China National Convention Center in Beijing. The forum, themed “Promoting the Intelligent, Green, Integrated, and International Development of New Energy Vehicles,” will be disseminated comprehensively through official platforms and over a hundred media outlets.

Guoxin Securities suggests that, according to preliminary statistics from the China Passenger Car Association, the wholesale volume of domestic new energy passenger vehicles in March was approximately 1.12 million units, flat year-on-year, with a month-on-month increase of 55%. As subsidies for old-for-new vehicles are strengthened across various regions and new cars are gradually launched in spring, the effects of reducing internal competition are becoming evident, and terminal market enthusiasm is gradually rising. Since late March, the market has begun seasonal warming, and consumer wait-and-see sentiment may weaken. Due to recent sharp fluctuations in international oil prices and significant domestic fuel price increases, the penetration rate of domestic new energy vehicles has been rising week by week, becoming an important driving force for the recovery of the passenger car market in March.

The ChiNext New Energy Index mainly covers the new energy and new energy vehicle industries, involving segments such as batteries and photovoltaics. It is the only 20CM index on the ChiNext Board that tracks the gains and losses of the new energy sector. The Huaxia New Energy ETF on the ChiNext Board (159368) is highly elastic, with a potential increase of up to 20%; it has the lowest fee rate, with management and custody fees totaling only 0.2%; and its energy storage content exceeds 74%, aligning with current market hotspots. (Connect A: 024419, Connect C: 024420)