化工行业有望受益于”反内卷“政策，关注化工龙头ETF（516220）

Group 1 - The chemical industry is facing significant challenges due to overcapacity and weak downstream demand, prompting a need for "anti-involution" measures [1] - The "Petrochemical Industry Stabilization Growth Work Plan (2025-2026)" includes key support for new technology transformation in the petrochemical sector and strict control over new refining capacity [1] - Major global chemical companies, including Shell and Dow, are proactively adjusting production capacities in response to supply-demand imbalances [1] Group 2 - The recent price increases in titanium dioxide by leading companies, with domestic adjustments around 300 yuan/ton and international increases of $40-$50/ton, indicate a collaborative effort to alleviate profit pressures [1] - There is an expectation of improved fundamentals in the chemical industry, with high-end transformation potentially opening up valuation space [1] - Leading chemical companies are likely to benefit more during market clearing processes, suggesting a focus on chemical sector ETFs (516220) for investment opportunities [1]