全市场规模最大建材ETF（159745）盘中净流入超9000万份！集齐水泥+玻璃+消费建材等细分板块

Core Viewpoint - The construction materials sector is experiencing significant capital inflow, with over 90 million units net inflow into the construction materials ETF (159745), indicating strong investor interest in construction assets [1] Demand Side Analysis - Important national meetings, such as the Two Sessions and the Central Political Bureau meeting, have focused on stabilizing the real estate market, which is expected to boost demand for construction materials [1] - The Central Urban Work Conference emphasized urban renewal, which includes the renovation of urban villages and old housing, as well as upgrading old pipelines, likely increasing demand for pipes, waterproofing materials, and coatings [1] - Future policy support for home decoration, old renovations, and urban renewal is anticipated, which may enhance confidence in the industry chain [1] Supply Side Analysis - The trend of "anti-involution" is expected to lead to positive changes in the supply side of industries such as coatings, waterproofing, and cement, gradually optimizing the industry structure [1] - There is potential for recovery in profit margins for companies within the construction materials sector as supply conditions improve [1] Industry Outlook - With demand recovering and supply optimizing, the construction materials industry is poised for a turnaround, with 2025 projected to be a year of profit recovery for the sector [1] - Continued improvement in demand could provide greater recovery potential for the industry [1] Investment Opportunities - Investors are encouraged to seize opportunities arising from the sector's turnaround and marginal improvement in fundamentals [1] - The construction materials ETF (159745) tracks the CSI All Share Construction Materials Index, which includes segments such as cement, glass, and consumer construction materials [1] - Investors without stock accounts can consider the linked fund (013020) to access investment opportunities in the construction materials sector [1]