Group 1 - The A-share market showed a slight recovery on December 17, with the China Securities Petrochemical Industry Index rising over 1%, led by stocks such as Salt Lake Industry, Luxi Chemical, and Wanhua Chemical [1] - The petrochemical ETF (159731) followed the index's upward trend, indicating positive market sentiment [1] - According to Xinda Securities, the government is promoting "anti-involution" measures in key industries, including petrochemicals, with a plan to eliminate outdated production capacity and optimize supply structure from 2025 onwards [1] Group 2 - The refining industry is expected to enter a period of prosperity due to improved supply structure and steady demand recovery [1] - Domestic demand for refined oil has peaked, and the shift in oil consumption structure may deepen, while chemical oil demand remains in a long-term growth channel [1] - The petrochemical ETF and its linked funds closely track the China Securities Petrochemical Industry Index, with the basic chemical industry accounting for 60.1% and the oil and petrochemical industry for 32.7% of the index [1]
炼化行业有望迎来景气上行周期，石化ETF（159731）布局价值提升
Sou Hu Cai Jing·2025-12-17 02:11