规模方面，化工行业ETF易方达最新规模达18.49亿元，创近1年新高。（数据来源：Wind） 份额方面，化工行业ETF易方达最新份额达15.94亿份，创近1年新高。（数据来源：Wind） 截至2026年2月27日 11:30，中证石化产业指数(H11057)下跌0.33%。成分股方面涨跌互现，荣盛石化领 涨2.03%，万华化学上涨1.96%，扬农化工上涨1.37%；圣泉集团领跌3.89%，彤程新材下跌3.04%，华峰 化学下跌2.96%。化工行业ETF易方达(516570)下跌0.43%，最新报价1.16元。拉长时间看，截至2026年2 月26日，化工行业ETF易方达近2周累计上涨2.56%。（以上所列股票仅为指数成份股，无特定推荐之 意） 流动性方面，化工行业ETF易方达盘中换手2.07%，成交3936.29万元。拉长时间看，截至2月26日，化 工行业ETF易方达近1月日均成交9299.36万元。 跟踪精度方面，截至2026年2月26日，化工行业ETF易方达近1月跟踪误差为0.012%，在可比基金中跟踪 精度最高。 化工行业ETF易方达紧密跟踪中证石化产业指数，中证产业指数系列从钢铁产业、船舶产业、石化产 ...

Group 1 - The geopolitical tensions between the US and Iran are increasing, leading to a normalization of risk premiums in oil transportation and raising freight rates [1] - In the short term, the crisis in the Strait of Hormuz is expected to trigger a large-scale rush for oil transport, resulting in a spike in oil and freight prices [1] - In the medium to long term, Iran may shift towards compliant markets, improving the supply-demand dynamics for VLCCs (Very Large Crude Carriers) [1] Group 2 - Sinokor, a South Korean shipowner, is significantly increasing its VLCC capacity, controlling/operating 120 VLCCs, which accounts for 18% of the compliant VLCC market capacity and 14% of the global VLCC capacity [1] - By the end of 2026, Sinokor's capacity is expected to reach approximately 158 VLCCs, representing 24% of the compliant VLCC market capacity [1] - The VLCC market is transitioning from a relatively fragmented structure to an oligopoly, with stricter sanctions from the US and Europe on non-compliant capacities, making compliant capacity a core asset and enhancing shipowners' bargaining power [1] Group 3 - As of February 27, 2026, the Guozheng Oil and Gas Index (399439) has risen by 0.86%, with significant increases in stocks such as Shun Oil (+10.00%) and Zhenwei (+6.30%) [2] - The Guozheng Oil and Gas Index reflects the price changes of publicly listed companies related to the oil and gas industry in the Shanghai and Shenzhen stock exchanges [2] - The top ten weighted stocks in the Guozheng Oil and Gas Index account for 66.76% of the index, including major companies like China National Petroleum, CNOOC, and Sinopec [2]

2月27日早盘，石油化工板块高开低走，中证石化产业指数现跌约0.25%，成分股涨跌互现，万华化 学、光威复材、扬农化工等领涨；新凤鸣、圣泉集团、彤程新材等领跌。石化ETF（159731）跟随指数 下探，打开低位布局窗口。 石化ETF（159731）及其联接基金（017855/017856）紧密跟踪中证石化产业指数，受基础化工和石油 石化双轮驱动，同时涵盖高股息和高成长资产，权重股包括万华化学（全球MDI龙头）、中国石油（国 内油气龙头）、中国石化（国内炼化龙头）、盐湖股份（国内钾肥龙头）等。 每日经济新闻 相关ETF方面，同标的指数规模领先的石化ETF（159731）近20个交易日资金净流入总计10.95亿元，资 金抢筹特征显著。 西南证券指出，全球视角来看，化工行业已经处于新一轮景气周期的起点。原材料角度，化工上游原 油、天然气、煤炭等能源品种的下行空间已经有限。顺周期化工品中，重点关注资源属性的化工品以及 具有黑马属性的地产链化工品。 ...

2月27日，A股市场震荡，油气板块冲高，截至10:24，油气ETF汇添富（159309）涨0.67%，盘中价创新高，冲击四连阳，资金持续涌入油气板 块，油气ETF汇添富（159309）盘中获1800万元，此前已连续4日强势吸金超1.6亿元！ 油气ETF汇添富（159309）标的指数成分股涨跌不一，杰瑞股份涨超3%，招商轮船涨超2%，广汇能源、招商南油上冲，中国海油、中国石 化、中国石油等回调。 【油气ETF汇添富（159309）标的指数前十大成分股】 | 序号 | 代码 | 名称 | 申万一级行业 | 涨跌幅 | 估算权重 | | --- | --- | --- | --- | --- | --- | | 1 | 002353 | 杰瑞股份 | 机械设备 | 3.54% | 11.74% | | 2 | 600938 | 中国海滩 | 石油石化 | -0.23% | 9.20% | | 3 | 601872 | 招商轮船 | 交通运输 | 2.05% | 9.03% | | 4 | 601857 | 中国石油 | 石油石化 | -0.28% | 8.19% | | 5 | 600028 | 中国石化 | 石油 ...

截至2026年2月27日 09:35，中证石化产业指数(H11057)下跌0.10%。成分股方面涨跌互现，恒逸石化领 涨1.84%，和邦生物上涨1.38%，扬农化工上涨1.34%；蓝晓科技领跌2.89%，彤程新材下跌2.52%，圣泉 集团下跌2.50%。化工行业ETF易方达(516570)下跌0.17%，最新报价1.16元。拉长时间看，截至2026年2 月26日，化工行业ETF易方达近2周累计上涨2.56%。（以上所列股票仅为指数成份股，无特定推荐之 意） 从资金净流入方面来看，化工行业ETF易方达近4天获得连续资金净流入，最高单日获得3069.65万元净 流入，合计"吸金"7857.82万元，日均净流入达1964.46万元。（数据来源：Wind） 截至2月26日，化工行业ETF易方达近2年净值上涨61.95%。从收益能力看，截至2026年2月26日，化工 行业ETF易方达自成立以来，最高单月回报为15.74%，最长连涨月数为9个月，最长连涨涨幅为 61.01%，上涨月份平均收益率为5.43%。截至2026年2月26日，化工行业ETF易方达近1年超越基准年化 收益为2.99%，排名可比基金1/2。 回撤方面， ...

Group 1 - The core viewpoint of the articles highlights the ongoing geopolitical tensions between the US and Iran, which are significantly impacting the oil market, leading to increased volatility and a shift from supply-demand dynamics to geopolitical risk-driven factors [1] - Iran has rejected transferring its enriched uranium abroad during indirect negotiations with the US, insisting on its right to peaceful nuclear technology and the ability to produce nuclear fuel, while demanding the lifting of US sanctions [1] - The market is expected to experience high volatility in oil prices over the next month, with a tendency for prices to rise due to geopolitical issues, suggesting a focus on upstream companies with oil and gas resources and offshore oil and gas service engineering sectors [1] Group 2 - As of January 30, 2026, the top ten weighted stocks in the National Petroleum and Natural Gas Index (399439) include major companies such as China National Petroleum, China National Offshore Oil, and Sinopec, collectively accounting for 66.76% of the index [2] - The National Petroleum and Natural Gas Index reflects the price changes of publicly listed companies related to the oil and gas industry on the Shanghai and Shenzhen stock exchanges [1][2]

国信证券近日发布石油石化行业政策点评：全球海洋油气勘探支出持续增加，带动海洋油气储量及产量 快速上升。根据睿咨得能源统计，油气勘探支出方面，2020年由于疫情影响，海上油气绿地项目投资急 速萎缩，随着疫后恢复，海上油气绿地项目投资额快速增加，2022年突破1000亿美元，今明两年有望继 续维持在1000亿美元以上高位，体现了海洋油气的高景气度。 3）投资建议：政策直接减免海洋勘探开发核心设备进口关税，降低设备采购及海上油气勘探开发综合 成本，有效提升项目内部收益率，同时有助于推动深海油气田的开发。建议关注【中国海油 （600938）】、【中海油服（601808）】、【海油发展（600968）】；进口天然气增值税返还机制有助 于平滑进口成本波动，特别是在气价高企时，降低管道天然气及LNG的进口成本压力，建议关注【中 国石油（601857）】、【中国海油】。 4）风险提示：地缘冲突造成的原油价格异常波动；美国关税政策全球贸易及经济的影响；极端天气对 原油开发的影响。 评论： 海洋油气是我国未来开发重点，税收政策有助于我国深海油气项目开发 全球海洋油气勘探支出持续增加，带动海洋油气储量及产量快速上升。根据睿咨得能源 ...

Group 1: Amer Sports Performance - Amer Sports reported a 27% year-on-year revenue growth for FY2025, reaching $6.566 billion, with an adjusted net profit of $545 million, up from $236 million in 2024 [7][8] - The fourth quarter of 2025 saw a revenue increase of 28% year-on-year to $2.101 billion, with an adjusted net profit of $176 million, compared to $90 million in Q4 2024 [8] - The management guidance for 2026 indicates a revenue growth of 16-18% at constant exchange rates, with an operating profit margin of 13.1-13.3% [8] Group 2: Silver Economy and Sports Industry - The aging population in China is creating significant opportunities in the silver economy, particularly in the sports industry and products catering to older adults [9][10] - The sports apparel market is projected to reach ¥437.7 billion by 2025, with outdoor trail running shoes expected to grow over 150% [9] - The demand for professional running shoes priced above ¥200 is anticipated to maintain double-digit growth, driven by increased health awareness among the elderly [9] Group 3: Lithium Industry Insights - The lithium market is experiencing tightening supply and low inventory levels, with global lithium demand expected to reach approximately 200,000 tons LCE in 2026 [12][14] - Domestic lithium supply is not yet at large-scale production levels, and there are potential disruptions in supply due to regulatory changes and production delays [13] - The anticipated demand from both power and energy storage batteries is expected to drive lithium prices upward, with projections suggesting prices may exceed ¥200,000 per ton in the near term [14] Group 4: Chemical Industry Policy Impact - Recent tax incentives for marine oil and gas exploration are aimed at reducing import costs for essential equipment, thereby enhancing domestic oil and gas supply capabilities [15][16] - The policy is expected to improve the internal rate of return for marine exploration projects and support the development of deep-sea oil fields [16] Group 5: Matrix Holdings Performance - Matrix Holdings is positioned as a leading high-end interior design company, with a significant recovery in profitability expected as the real estate market stabilizes [19][20] - The company anticipates a substantial increase in net profit for 2025, projected to be between ¥58 million and ¥80 million, reflecting a year-on-year growth of 72%-137% [19] - The introduction of an "AI + Design" platform is expected to enhance operational efficiency and profitability in the design process [20] Group 6: Anfu Technology's Strategic Shift - Anfu Technology has transitioned from retail to becoming a leader in the small battery sector through its acquisition of Nanfu Battery, which has shown consistent revenue growth [21][22] - The company plans to acquire the remaining shares of Nanfu Battery to enhance profitability further [22] - Anfu is also investing in high-tech sectors, including AI and semiconductor manufacturing, to diversify its business model [21][22]

位于伊拉克南部米桑省的哈法亚油田，现代化厂区整洁美观，400多口油水井、5个高压注水泵站、3个 油气中心处理厂和1个天然气处理厂昼夜不停生产作业。人们很难想象，15年前这里还是一片荒无人烟 的偏远油区。 5年来，中国石油（伊拉克）哈法亚公司（以下简称"哈法亚公司"）累计油气作业产量当量突破1亿吨， 有力拉动伊拉克国家原油产量。未来5年，哈法亚公司将在技术创新、人才培养、文化交流等方面持续 发力，助力中伊高质量共建"一带一路"走深走实，为伊拉克石油产业可持续发展注入强劲动能。 "曾经看似不可能的事情可以变为可能" 农历马年的第一缕阳光洒在哈法亚油田，哈法亚公司工程部副经理陈文昱像往常一样，一早来到CPF3 采出水处理厂查看运行情况。这一去年刚刚投产的厂区将油田采出水处理能力从过去的5万桶/天提升至 20万桶/天，在助力提升原油产能的同时，也为生产污水循环利用提供了技术保障。 "通过沉降、气浮、过滤以及加入化学药剂等方式，处理厂能够将采出水中的泥沙、油滴、悬浮物等从 污水分离出来，使污水变为可循环利用的合格水。"陈文昱说，处理后的采出水将再次通过注水增压泵 站，注入到油田的目标油层中，实现水资源有效循环，避免了污 ...

新能源领域，油田安排专人巡检，做好低温环境下光伏设备维护，保障绿电稳定输送。今年以来，新能 源发电量达2.36亿千瓦时，相当于减少二氧化碳排放约18.83万吨。 原油生产方面，油田提前优化开发部署，通过精细水井措施、加强老井维护、提升措施增油效果，并严 格执行领导带班和24小时值班制度，加密巡检频次，保障生产平稳高效。 天然气保供作为重要任务，油田精准分析产量动态，高效实施调层、防砂等稳产措施，强化关键设备运 维。坚持"大作业区"管理模式，每日召开产量对接会，精准调控外输压力，为冬季保供提供有力支撑。 格尔木炼油厂严守冬季安全生产规程，加强装置防冻凝巡查，精准调控工艺参数，保持高负荷平稳运 行，产品出厂合格率100%，全力满足西藏、青海等地市场需求。 面对恶劣天气，油田加密关键设备及管线巡查，严格作业许可，深化风险辨识与现场管控。同时，依托 远程监督技术，实现生产风险全程监控，确保安全生产持续稳定。 本报格尔木讯 （记者 冉志敏 通讯员 张文娟） 春节期间，中国石油青海油田公司生产运行安全平稳有 序，累计生产原油5.93万吨，天然气1.24亿立方米，发电2400万千瓦时，为甘青藏三省区能源供应筑牢 坚实保障。 ...