Xin Lang Ji Jin·2025-07-31 02:29Group 1 - The chemical sector experienced a pullback on July 31, with the chemical ETF (516020) showing a decline of up to 2.25% during trading [1] - Key stocks in the sector, including Qixiang Tengda, Xin Fengming, and Luxi Chemical, saw declines exceeding 3%, negatively impacting the overall sector performance [1] - Despite the pullback, the chemical sector has performed well in July, with the chemical ETF's index showing a cumulative increase of 10.18%, significantly outperforming major A-share indices like the Shanghai Composite Index (4.97%) and the CSI 300 Index (5.47%) [1][3] Group 2 - There were no significant negative news affecting the chemical sector today, and the decline may be a normal correction after substantial short-term gains [1] - The chemical sector's index has been on a downward trend since the peak in 2022, but expectations for "anti-involution" policies have led to a recovery in valuations [4] - The current market conditions may present a good opportunity for investment in the chemical sector, as the chemical ETF's price-to-book ratio is at a low point compared to the past decade [5] Group 3 - Future prospects for the chemical sector are optimistic, with government initiatives aimed at promoting growth and eliminating outdated production capacity [6] - The chemical ETF (516020) tracks the index covering various sub-sectors, with nearly 50% of its holdings in large-cap leading stocks, providing a diversified investment opportunity [6]