wanhua(SH:600309) Mei Ri Jing Ji Xin Wen·2026-01-07 10:13Group 1 - The chemical sector is experiencing significant gains, with companies like Junzheng Group and Hengli Petrochemical rising over 7%, and others like Rongsheng Petrochemical and Wanhua Chemical increasing by more than 6% [1] - The Chemical ETF (516020) has seen a continuous inflow of funds, totaling over 350 million yuan in the last five trading days, with its latest fund size reaching a new high of 3.893 billion yuan [1] - Wanhua Chemical plans to continuously raise global prices for core products such as MDI/TDI starting December 2025, in line with international giants like BASF and Dow, driven by industry maintenance and rising raw material costs [1] Group 2 - China Galaxy Securities forecasts a negative growth in capital expenditure for the chemical industry in 2024, suggesting a potential supply contraction due to the "anti-involution" trend and accelerated elimination of outdated overseas capacity [1] - The "14th Five-Year Plan" emphasizes expanding domestic demand, which, combined with the onset of a U.S. interest rate cut cycle, is expected to open up demand space for chemical products [1] - The chemical industry may see a cyclical turning point upwards by 2026, transitioning from valuation recovery to earnings growth, referred to as a "Davis double hit" [1] Group 3 - The Chemical ETF (516020) and its linked fund (012537) track the CSI segmented chemical industry theme index, covering various sub-sectors of the chemical industry [2] - Nearly 50% of the ETF's holdings are concentrated in large-cap leading stocks like Wanhua Chemical and Salt Lake Industry, while the remaining 50% includes leading stocks in phosphate fertilizers, fluorine chemicals, and nitrogen fertilizers [2]