| 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 603353 | 和顺石油 | 29.01 | -5.17% | 10.08万 | 2.95亿 | | 002493 | 荣盛石化 | 9.52 | -2.96% | 52.45万 | 5.05亿 | | 601857 | 中国石油 | 9.78 | -2.49% | 242.80万 | 23.83亿 | | 600028 | 中国石化 | 5.84 | -2.18% | 199.47万 | 11.71亿 | | 000703 | 恒逸石化 | 6.96 | -1.83% | 16.63万 | 1.17亿 | | 000301 | 东方盛虹 | 9.69 | -1.32% | 19.63万 | 1.91亿 | | 600346 | 恒力石化 | 18.45 | -0.86% | 17.54万 | 3.25亿 | | 002408 | 齐翔腾达 | 4.79 | -0.83% | 17.72万 | 8519.88万 | | 000554 | 泰山石油 ...

11月24日，A股市场涨跌分化，中证石化产业指数震荡下行，现跌约%，成分股三美股份、蓝晓科技、 华峰化学等领涨。相关ETF方面，石化ETF（159731）近10个交易日有8个交易日获得资金净流入，合 计"吸金"2674万元。 兴业证券分析称，近期商品市场涨价的线索可以概括为两条，一是全球AI资本开支带动下的新能源产 业链、有色和化工涨价，包括新能源相关化工品（硫化工、磷化工）、制冷剂（氟化工）、金属&新材 料（锂、锡、铝、铜、钨）、存储；二是供给收缩+"反内卷"受益的化工品，包括叶酸、有机硅DMC、 盐酸、聚氨酯、化纤等。 石化ETF（159731）及其联接基金（017855/017856）紧密跟踪中证石化产业指数，按照申万二级行业 来看，中证石化产业指数前三大行业分别为炼化及贸易（26.76%）、化学制品（22.41%）和农化制品 （21.14%）， "反内卷"政策加持下行业长期价值凸显，供需持续改善景气度有望持续上行。 （文章来源：每日经济新闻） ...

11月21日，桐昆股份盘中下跌2.08%，截至10:03，报14.60元/股，成交1.73亿元，换手率0.49%，总市值 351.10亿元。 责任编辑：小浪快报 桐昆股份所属申万行业为：石油石化-炼化及贸易-其他石化。所属概念板块包括：破净股、中盘、融资 融券、增持回购、MSCI中国等。 截至9月30日，桐昆股份股东户数5.01万，较上期减少28.96%；人均流通股47780股，较上期增加 40.76%。2025年1月-9月，桐昆股份实现营业收入673.97亿元，同比减少11.38%；归母净利润15.49亿 元，同比增长53.83%。 分红方面，桐昆股份A股上市后累计派现32.03亿元。近三年，累计派现3.41亿元。 机构持仓方面，截止2025年9月30日，桐昆股份十大流通股东中，香港中央结算有限公司位居第五大流 通股东，持股3592.21万股，相比上期增加946.67万股。鹏华中证细分化工产业主题ETF联接A （014942）位居第八大流通股东，持股2527.48万股，为新进股东。南方中证500ETF（510500）位居第 九大流通股东，持股2450.55万股，相比上期减少48.23万股。汇丰晋信新动力混合 ...

Market Overview - The refining and trading sector experienced a decline of 1.34% on November 20, with Unified Corporation leading the drop [1] - The Shanghai Composite Index closed at 3931.05, down 0.4%, while the Shenzhen Component Index closed at 12980.82, down 0.76% [1] Stock Performance - Notable stock performances included: - Baomo Co., Ltd. (002476) rose by 7.88% to a closing price of 6.30, with a trading volume of 706,600 shares and a turnover of 441 million yuan [1] - China Petroleum & Chemical Corporation (600028) remained unchanged at 6.05, with a trading volume of 2,741,900 shares and a turnover of 1.664 billion yuan [1] - Unified Corporation (600506) fell by 4.33% to 28.03, with a trading volume of 320,300 shares [2] Capital Flow - The refining and trading sector saw a net outflow of 449 million yuan from main funds, while retail investors contributed a net inflow of 386 million yuan [2][3] - The capital flow for individual stocks showed varied trends, with China Petroleum (601857) experiencing a net inflow of 22.45 million yuan from main funds [3]

Group 1 - The A-share market saw a collective rise in the three major indices, with the China Securities Petrochemical Industry Index increasing by approximately 0.4%, driven by strong performances from constituent stocks such as Tongcheng New Materials, Shengquan Group, and Kaisa Bio [1] - The third Petrochemical Industry High-Quality Development Forum emphasized the need for a high-quality transformation and upgrading of the petrochemical industry, focusing on new productive forces, innovation, green development, and safety [1] - Guosen Securities noted that stricter approval for new chemical product capacities and the accelerated elimination of outdated capacities will effectively alleviate the oversupply issue in the petrochemical and chemical industry [1] Group 2 - The Petrochemical ETF (159731) closely tracks the China Securities Petrochemical Industry Index, with the top three sectors being refining and trading (26.76%), chemical products (22.41%), and agricultural chemicals (21.14%) [2] - The petrochemical industry is expected to benefit significantly from policies aimed at reducing competition, structural adjustments, and the elimination of outdated capacities, with a clear direction towards green, low-carbon, and intelligent development [2]

Group 1 - The core viewpoint is that the petrochemical industry is experiencing a positive shift in supply-demand dynamics, driven by reduced capital expenditure and gradual demand recovery, which is expected to enhance industry prosperity [1][2]. - The Petrochemical ETF (159731) has seen a 1.44% increase as of November 19, with notable gains from stocks such as Tongcheng New Materials, Guangdong Hongda, and Salt Lake Co., totaling an inflow of 17.57 million yuan over the past 10 trading days, reaching a new high of 209 million shares [1]. - China National Offshore Oil Corporation (CNOOC) has successfully launched its polypropylene facility at the Dasha Petrochemical project, which is the largest heavy oil direct-to-olefins production base in China, with a total investment of 21 billion yuan [1]. Group 2 - The top three sectors in the CSI Petrochemical Industry Index are refining and trading (26.76%), chemical products (22.41%), and agricultural chemical products (21.14%), indicating a strong long-term value in the industry supported by "anti-involution" policies [2]. - The recent technological innovations in the catalytic cracking unit at CNOOC's Dasha project have addressed several industry challenges, significantly improving operational efficiency, economic benefits, and environmental performance [1].

Market Overview - The refining and trading sector experienced a decline of 0.46% on November 18, with Unified Corporation leading the drop [1] - The Shanghai Composite Index closed at 3939.81, down 0.81%, while the Shenzhen Component Index closed at 13080.49, down 0.92% [1] Stock Performance - He Shun Petroleum saw a significant increase of 9.99%, closing at 33.91, with a trading volume of 179,500 shares and a turnover of 591 million yuan [1] - Unified Corporation closed at 32.56, down 5.43%, with a trading volume of 626,400 shares and a turnover of 2.091 billion yuan [2] - Other notable declines included Hengli Petrochemical down 3.87% and Tongkun Co. down 3.39% [2] Capital Flow - The refining and trading sector experienced a net outflow of 918 million yuan from main funds, while retail investors saw a net inflow of 609 million yuan [2] - The main funds showed a net inflow of 22.74 million yuan into Sinopec, while Wanbangda had a net inflow of 7.22 million yuan [3] Individual Stock Capital Flow - Sinopec had a main fund net inflow of 22.74 million yuan, but retail investors had a net outflow of 21.45 million yuan [3] - Wanbangda attracted a net inflow of 7.22 million yuan from main funds and 9.34 million yuan from retail investors [3] - Other stocks like Huajin Co. and Yuxin Co. also showed mixed capital flows, with varying net inflows and outflows from different investor categories [3]

Core Viewpoint - The A-share market experienced a collective decline on November 18, with the Shanghai Composite Index down by 0.24%, the Shenzhen Component Index down by 0.31%, and the ChiNext Index down by 0.51% [1] Group 1: Market Performance - The China Securities Petrochemical Industry Index showed a downward trend, falling approximately 0.45%, with leading stocks including Sanmei Co. and Juhua Co. [1] - The Petrochemical ETF (159731) has seen net inflows in 8 out of the last 10 trading days, totaling 17.53 million yuan [1] Group 2: Sector Analysis - According to Huatai Securities, signs of improvement have emerged in the cyclical sectors such as coal, certain chemicals, and building materials [1] - In the manufacturing sector, focus is on capacity cycles that are expected to stabilize in batteries, agricultural chemicals, engineering machinery, textile manufacturing, and photovoltaic equipment [1] - The AI industry chain shows sustained demand in storage and software sectors [1] - In the consumer sector, attention is drawn to mass consumer goods like dairy products and beer [1] Group 3: Industry Composition - The top three industries in the China Securities Petrochemical Industry Index are refining and trading (26.8%), chemical products (22.4%), and agricultural chemicals (21.1%) [1] - The Petrochemical ETF (159731) and its linked funds (017855/017856) closely track the China Securities Petrochemical Industry Index, aiding investors in capturing the chemical industry's recovery trend [1]

Core Viewpoint - The petrochemical ETF (159731) has experienced a decline of 2.11% as of November 18, with mixed performance among its holdings, indicating a potential low-point buying opportunity due to significant net inflows of 17.53 million yuan over the past 10 trading days [1] Industry Analysis - The chemical industry is expected to see a reduction in excessive competition and capacity duplication as regulatory measures against internal competition deepen, leading to improved market conditions [1] - Investment recommendations for November suggest focusing on sectors with significant supply-side improvement and high profit elasticity, such as polyester filament, organic silicon, and spandex, while also considering potassium and phosphorus chemical industries under the backdrop of potential Federal Reserve interest rate cuts [1] ETF and Index Tracking - The petrochemical ETF (159731) and its linked funds (017855/017856) closely track the CSI Petrochemical Industry Index, which is composed of three major sectors: refining and trading (26.8%), chemical products (22.4%), and agricultural chemicals (21.1%), providing investors with a streamlined approach to capitalize on the chemical industry's recovery [1]

Market Overview - The refining and trading sector increased by 0.95% compared to the previous trading day, with Unity Co. leading the gains [1] - The Shanghai Composite Index closed at 3972.03, down 0.46%, while the Shenzhen Component Index closed at 13202.0, down 0.11% [1] Stock Performance - Notable declines in individual stocks include: - Kangzhidun (603798) down 5.38% to 16.71 with a trading volume of 64,400 shares and a turnover of 110 million yuan [1] - Baomo Co. (002476) down 3.95% to 6.08 with a trading volume of 279,800 shares and a turnover of 172 million yuan [1] - Other stocks showed minor fluctuations, with Guanghui Energy (600256) and Taishan Petroleum (000554) remaining unchanged at 5.42 and 7.24 respectively [1] Capital Flow - The refining and trading sector saw a net inflow of 67.39 million yuan from main funds, while retail funds experienced a net outflow of 84.64 million yuan [1] - Retail investors contributed a net inflow of 17.25 million yuan [1] Individual Stock Capital Flow - China Petroleum (601857) had a main fund net inflow of 14.02 million yuan, while retail funds saw a net outflow of 10.08 million yuan [2] - Hengli Petrochemical (600346) reported a main fund net inflow of 10.9 million yuan, with retail funds experiencing a net outflow of 79.96 million yuan [2] - Qixiang Tengda (002408) had a main fund net inflow of 9.00 million yuan, while retail funds saw a net outflow of 12.66 million yuan [2]