震荡整理蓄势待发！化工ETF天弘(159133)连续8日净流入，近20日“吸金”近2亿元，盘中实时净申购3600万份

Core Viewpoint - The chemical ETF Tianhong (159133) has shown significant trading activity and net inflows, indicating strong investor interest in the chemical sector, particularly in light of recent developments in advanced manufacturing and semiconductor materials [1][2][3]. Group 1: ETF Performance - As of January 12, 2026, the chemical ETF Tianhong (159133) recorded a turnover of 3.04% with a transaction volume of 23.46 million yuan [1]. - The ETF has seen a net subscription of 36 million shares during the trading session [1]. - The latest scale of the chemical ETF Tianhong reached 776 million yuan, with a total of 678 million shares, both hitting record highs since its inception [2]. Group 2: Market Trends - The chemical ETF Tianhong has experienced continuous net inflows over the past eight days, totaling 168 million yuan, and nearly 200 million yuan over the last 20 days [2]. - The ETF tracks an index that includes 50 major stocks in the chemical industry, characterized by large market capitalization and high liquidity, with over 93% of its composition in basic chemicals, petroleum and petrochemicals, and electric equipment [2]. Group 3: Industry Developments - Shanghai has released a three-year action plan to support the transformation and upgrading of advanced manufacturing, focusing on key and emerging industries such as new-generation electronic information, intelligent connected vehicles, and advanced materials [2]. - The plan aims to foster the development of competitive enterprises in sectors like integrated circuits and low-altitude economy, which may benefit the chemical industry indirectly through increased demand for materials [2][3]. Group 4: Institutional Insights - Guohai Securities suggests that the ongoing tensions in international relations may accelerate the domestic substitution process for semiconductor materials, particularly in critical areas such as photoresists and electronic chemicals, presenting significant growth opportunities for domestic companies [3]. - The "anti-involution" policy is expected to optimize the supply side of the chemical industry, with certain segments like chromium salts experiencing a revaluation due to rising demand from AI data centers and aerospace engines [3].