
Likes ReceivedE Fund's Chemical Industry ETF (516570) has attracted over 870 million in the past 20 days, with its underlying index rising 0.65% against the trend.
As of 13:05, the CSI Petrochemical Industry Index (H11057) rose 0.65%. Among the heavyweight stocks, Wanhua Chemical fell 1.0%, PetroChina fell 0.2%, Salt Lake Co., Ltd. rose 1.8%, Sinopec fell 1.2%, and CNOOC rose 0.3%. In addition, Hengyi Petrochemical rose 9.2%, Hangyang Co., Ltd. rose 7.4%, Xin Fengming rose 5.7%, and Xingfa Group rose 4.1%.
The E Fund Chemical Industry ETF (516570) tracks the CSI Petrochemical Industry Index and is highly favored by capital. It has attracted over 870 million yuan in the past 20 days, with net capital inflows exceeding 2.3 billion yuan in the past 60 days. The fund's latest size reached 2.383 billion yuan.
Affected by overseas situations, at Monday's market open, the main contracts of domestic chemical futures generally rose. The main contracts of chemical futures such as ethylene glycol and PVC rose over 7% intraday.
Hua'an Securities pointed out that in the medium to long term, geopolitical conflicts will continue to push up oil prices, increasing costs for the midstream and downstream of the chemical industry. At the same time, operational pressure on some product segments with high costs and single supply chains will continue to increase, accelerating the elimination of outdated chemical production capacity. Leading domestic chemical enterprises have advantages such as integrated industrial chains and diversified raw materials, and are expected to maintain competitiveness and increase market share under this round of oil price impact.
Related Products:
The E Fund Chemical Industry ETF (516570) packages leading petrochemical industry companies with one click, with a combined management fee rate + custody fee rate of only 0.2% per year, helping investors to seize opportunities in the traditional energy industry at low cost.
E Fund CSI Petrochemical Industry ETF Connect A (020104.OF)
E Fund CSI Petrochemical Industry ETF Connect C (020105.OF)
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
