化工板块ETF再迎新成员！ 11月25日，化工ETF天弘（159133）正式上市交易，值得一提的是，该产品仅用三天便宣布提前结募。 据天弘基金，化工ETF天弘（159133）跟踪的是中证细分化工产业主题指数，该指数全面覆盖化工各个 细分领域，包含磷化工、氟化工、磷肥、钾肥等行业龙头，是纯正的化工板块标的。化工ETF天弘 （159133）以及联接基金（C类015897）一键分享化工板块整体机遇。 Wind金融终端数据显示，截至11月24日收盘，中证细分化工产业主题指数年内涨幅达23.73%， 从估值 方面看，中证细分化工产业主题指数最新市净率为2.28倍，位于近10年的38.05%的分位水平。 兴业证券表示，坚守白马长期价值，化工核心资产有望迎来盈利与估值修复。当前，化工品价格、价差 处于底部区域，龙头白马估值亦跌至底部水平。从龙头公司周期底部业绩测算来看，该估值具有强安全 边际。叠加龙头白马产业链一体化、规模、成本优势明显，储备项目充足，中长期有望在当前扩产周期 中保持市场份额与盈利能力持续增长。重点推荐化企核心资产与相关细分子行业领先龙头。 ...

Group 1 - The chemical sector continued its adjustment, with the CSI sub-industry chemical theme index closing down 4.30% last Friday and down 6.47% for the week, but still showing a cumulative increase of 27.66% since the second half of the year, outperforming the Shanghai Composite Index by over 16% [1] - The Tianhong Chemical ETF (159133) will be listed on November 25, having raised a net subscription amount of 549.89 million RMB during its fundraising period from November 10 to November 12, with a total of 549.91 million shares issued [1] - The Tianhong Chemical ETF tracks the CSI sub-industry chemical theme index, covering various segments of the chemical industry, including phosphorus chemicals, fluorine chemicals, phosphorus fertilizers, and potassium fertilizers [1] Group 2 - The basic chemical industry has seen an increase in profit growth in the first three quarters, continuing its bottom recovery, with the overall gross margin at 17.69% and net margin at 6.17% for the first three quarters of 2025, both showing a slight year-on-year recovery [2] - The profitability of sub-industries within the basic chemical sector has shown significant differentiation, with improvements noted in fluorine chemicals, potassium fertilizers, synthetic resins, chlor-alkali, and compound fertilizers [2]

Group 1 - The core viewpoint of the articles highlights a strong performance in the chemical industry, particularly in the sub-sector index, with significant gains in constituent stocks such as Xinzhou Bang and Jinfatech [1][2] - The China Rubber Industry Association has initiated a call for healthy market development in the rubber additive industry to combat "involution" competition, aiming for a positive industry evolution [1] - Huatai Securities indicates that the chemical industry's profitability has reached a bottom, and with policy guidance, supply-side adjustments are expected to accelerate, potentially improving profitability in bulk chemical products [1] Group 2 - As of July 31, 2025, the top ten weighted stocks in the China Sub-Sector Chemical Industry Theme Index account for 43.54% of the index, with major companies including Wanhua Chemical and Salt Lake Co [2] - The chemical ETF closely tracks the China Sub-Sector Chemical Industry Theme Index, which consists of seven sub-indices reflecting the overall performance of listed companies in related sectors [2][3]