Chemical ETF (159870) rises over 2%

2014-08-27 16:54:05       Has been read：

As of 10:58 on April 10, 2025, the CSI segmented chemical industry theme index (000813) has risen strongly by 1.74%, with constituent stocks Xinzhoubang (300037) rising by 6.02%, Rongsheng Petrochemical (002493) rising by 5.78%, Sanwei Shares (603033) rising by 4.78%, and stocks such as Hangjin Technology (000818) and Jinfa Technology (600143) following suit.


Chemical ETF (159870) rose 2.23%, with the latest price at 0.55 yuan.

In terms of liquidity, the Chemical ETF had a turnover of 2.03% during trading, with a turnover of 30.8025 million yuan. As of April 9th, the Chemical ETF had an average turnover of 77.4851 million yuan in the past week, ranking first among comparable funds.

On the news front, Cui Dongshu, Secretary General of the China Association of Automobile Manufacturers, stated that the increase in tariffs by the United States has provided greater development space for Chinese electric vehicles in overseas markets.

Electric vehicles have a strong dependence on sub sectors such as new energy and new materials in the chemical industry. By 2025, the global mining increment will only be about 700000 tons, while the demand growth rate for new energy (power grid, electric vehicles) will exceed 2%. Under the tight balance of supply and demand, the copper price center is expected to move upward. The expansion of the overseas market development space for electric vehicles may greatly boost downstream demand in the chemical sector.

CITIC Securities believes that there is currently no other country in the world that can build a strong chemical manufacturing industry like China. In 2018, China's chemical industry was not severely affected by the 301 tariffs, but instead became even more dominant in the world; We also believe that this tariff escalation cannot impact the long-term competitiveness of China's chemical industry.

It is worth noting that the valuation of the CSI segmented chemical industry theme index tracked by the fund is at a historical low, with a latest net asset ratio (PB) of 1.88 times, which is lower than the index's 80.92% or more in the past year. The valuation cost-effectiveness is outstanding.

The chemical ETF closely tracks the CSI segmented chemical industry theme index. The CSI segmented industry theme index series consists of seven indices, including segmented non-ferrous metals and segmented machinery. Large scale and highly liquid listed company securities are selected from relevant segmented industries as index samples to reflect the overall performance of listed company securities in related segmented industries.

According to data, as of March 31, 2025, the top ten weighted stocks in the CSI segmented chemical industry theme index (000813) are Wanhua Chemical (600309), Salt Lake Co., Ltd. (000792), Satellite Chemical (002648), Juhua Co., Ltd. (600160), Hualu Hengsheng (600426), Hengli Petrochemical (600346), Baofeng Energy (600989), Longbai Group (002601), Yuntianhua (600096), and Zangge Mining (000408), with a total proportion of 45.25%.

Chemical ETF (159870), OTC Connect A: 014942; Connection C: 014943; Connection I: 022792).