化工板块深度回调，化工ETF（516020）跌1.69%！机构：化工标的有望兼具高弹性和高股息的优势

Group 1 - The chemical sector continued to decline on September 4, with the Chemical ETF (516020) experiencing a drop of 1.69% [1][2] - Key stocks in the sector, such as Tongcheng New Materials, Hualu Hensheng, and Juhua Co., saw significant declines, with Tongcheng New Materials falling over 8% [1][2] - The overall market sentiment reflects a bearish trend in the chemical industry, particularly affecting rubber additives, nitrogen fertilizers, and fluorochemicals [1] Group 2 - The chemical ETF (516020) is currently at a relatively low valuation, with a price-to-book ratio of 2.2, indicating potential long-term investment opportunities [3] - Domestic policies emphasizing supply-side reforms and rising raw material costs are impacting the chemical industry, with increased uncertainty in overseas supply [4] - The Chinese chemical industry is expected to benefit from a slowdown in global capacity expansion, potentially leading to higher dividend yields and improved market conditions [5] Group 3 - The Chemical ETF (516020) tracks the CSI Sub-Industry Chemical Index, providing exposure to various segments of the chemical sector, including large-cap leaders and niche markets [6] - Investors can consider using the Chemical ETF as a more efficient way to capitalize on potential rebounds in the chemical sector [6]