Hydrogen ETFs Leading the Way in the Global Market Amid Rising Demand and U.S.-China Trade Conflict
Key Ideas
- ARIRANG Global Hydrogen & Next Generation Fuel Cell MV ETF ranks first in returns, showing a 30% yield over the past month and investing in global hydrogen-related companies.
- Hydrogen fuel cells are gaining popularity as alternative energy sources, with increased demand attributed to AI concerns and data center power needs.
- U.S.-China trade conflicts are boosting the stock prices of hydrogen companies outside of China, with expectations of benefits in related industries like solar energy and electric vehicles.
- Major U.S. hydrogen fuel cell company, Bloom Energy, experiences significant growth, signing contracts to supply fuel cells for data centers like Intel's Silicon Valley facility.
The 'ARIRANG Global Hydrogen & Next Generation Fuel Cell MV' ETF has emerged as a top performer in the market, showcasing a 30% return over the past month and investing in global companies within the hydrogen economy industry. This rise in hydrogen-related investments comes amidst concerns over power shortages driven by AI and the increasing demand for new energy sources. Companies like Bloom Energy in the U.S. have seen substantial growth, with Bloom Energy specifically gaining 87% in stock value since March.
The U.S.-China trade conflict is also playing a significant role in driving up the stock prices of hydrogen companies. With the U.S. planning tariff hikes on various Chinese products, investors are turning towards hydrogen, solar energy, and electric vehicle industries in the stock market. Furthermore, hydrogen fuel cells are being integrated into data centers by tech giants like Microsoft and Amazon, further boosting the demand for this alternative energy source.
In the midst of this trend, hydrogen ETFs are experiencing a surge, with 'HYDR', 'HDRO', and 'HJEN' being listed among the representative hydrogen ETFs in the U.S. market. The positive sentiment towards hydrogen is also reflected in predictions by experts like Kim Eun-chong from Hanwha Asset Management, who foresee continued growth in the demand for hydrogen fuel cells in the future. Overall, the article highlights the promising outlook for hydrogen as an alternative energy source within the global market.