攻势又起！化工ETF（516020）开盘猛拉1.56%，机构高呼“行业重估”在即！

Group 1 - The chemical sector has regained momentum, with the chemical ETF (516020) opening strong and reaching a maximum intraday increase of 1.56%, closing up 0.89% by midday [1][7] - Key stocks in the sector include potassium fertilizers, phosphorus chemicals, and lithium batteries, with notable gains from companies like Kaisa Bio (up 12.54%) and Salt Lake Co. (up 7.13%) [1][7] Group 2 - The chemical sector has seen continuous capital inflow, with a net subscription of 560 million yuan for the chemical ETF (516020) over the last five trading days and over 910 million yuan in the last ten days [3][9] - The Producer Price Index (PPI) for December 2025 showed a year-on-year decline of 1.9%, with a narrowing drop of 0.3 percentage points from the previous month, and a month-on-month increase of 0.2%, marking three consecutive months of growth [3][8] Group 3 - Guojin Securities suggests that the large chemical industry is likely to be revalued, as its industry position and profitability are mismatched, indicating a potential recovery in profitability [3][10] - Huafu Securities notes that the chemical industry has experienced a bottoming out of profits and valuations in 2025, with expectations for a rebound in profitability in 2026, driven by supply-demand rebalancing and new production capabilities [3][10] Group 4 - The chemical ETF (516020) tracks the CSI segmented chemical industry theme index, with nearly 50% of its holdings in large-cap leading stocks, providing an opportunity for investors to capitalize on strong performers [4][10] - Investors can also access the chemical ETF through linked funds (Class A 012537/Class C 012538) for efficient exposure to the chemical sector [4][11]