发行三天即结募！化工ETF天弘（159133）今起上市交易，机构：化工核心资产有望迎来盈利与估值修复

Core Viewpoint - The launch of the Tianhong Chemical ETF (159133) on November 25 marks a significant addition to the chemical sector, achieving early fundraising success within three days [1] Group 1: ETF Overview - The Tianhong Chemical ETF tracks the CSI Sub-Industry Chemical Theme Index, which encompasses various segments of the chemical industry, including phosphate, fluorine, phosphate fertilizers, and potassium fertilizers [1] - The ETF and its connected fund (Class C 015897) aim to provide investors with exposure to the overall opportunities in the chemical sector [1] Group 2: Market Performance - As of November 24, the CSI Sub-Industry Chemical Theme Index has recorded a year-to-date increase of 23.73% [1] - The latest price-to-book ratio for the index stands at 2.28, which is at the 38.05th percentile level over the past decade [1] Group 3: Investment Insights - Industrial insights from Xingye Securities suggest that core chemical assets are expected to experience profit and valuation recovery, as chemical prices and spreads are currently at low levels [1] - Leading companies in the sector are projected to maintain market share and profitability growth during the current expansion cycle, supported by their integrated operations, scale, and cost advantages [1] - There is a strong recommendation for investing in core chemical assets and leading companies in related sub-industries [1]