--- title: "The Tianhong Chemicals ETF (159133) saw its underlying index rise against the market trend, leading to a wave of positive earnings forecasts for A-share companies in the basic chemicals and other industries" type: "News" locale: "en" url: "https://longbridge.com/en/news/282127182.md" description: "On April 9th, despite the decline of the three major indices, the CSI Chemicals Sub-industry Index rose against the trend by 0.81%. HYPC rose over 8%, while Senior and Hongda Co., Ltd. increased nearly 4%. The chemical ETF Tianhong (159133) had a trading volume exceeding 23 million yuan, with a circulating scale reaching 3.015 billion yuan. The first quarter earnings forecast of A-share companies shows that 81.25% of companies expect positive performance, mainly concentrated in the semiconductor, non-ferrous metals, and basic chemicals industries. Shenwan Hongyuan Securities pointed out that the supply growth rate in the chemical industry is slowing down, and the prosperity is gradually recovering" datetime: "2026-04-09T03:09:10.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/282127182.md) - [en](https://longbridge.com/en/news/282127182.md) - [zh-HK](https://longbridge.com/zh-HK/news/282127182.md) --- # The Tianhong Chemicals ETF (159133) saw its underlying index rise against the market trend, leading to a wave of positive earnings forecasts for A-share companies in the basic chemicals and other industries On April 9th, the three major indices collectively fell, **as of the time of publication, the Tianhong CSI Chemicals Sub-industry Index (000813.CSI) rose against the trend by 0.81%**. Among the constituent stocks of this index, HYPC rose over 8%, Senior and Hongda Co., Ltd. rose nearly 4%, while Xinjubang, Lanxiao Technology, and Satellite Chemical rose over 3%. In terms of related ETFs, the Chemicals ETF Tianhong (159133) had a transaction amount exceeding 23 million yuan as of the time of publication. The latest circulating share of this ETF is 2.494 billion shares, with a latest circulating scale of 3.015 billion yuan. In terms of news, according to media reports, **the A-share companies' Q1 reports have begun, with three major industries leading the positive forecast trend**. On the evening of April 7th, with the release of Haiguang Information and Wohua Pharmaceutical's Q1 reports, the disclosure of A-share companies' Q1 reports for 2026 officially kicked off. As of 7 PM on April 7th, 48 listed companies in the A-share market had released performance forecasts for Q1 2026. Data shows that 29 companies expect performance growth, 3 companies expect to turn losses into profits, and 7 companies expect slight growth, with a positive forecast ratio reaching 81.25%. Among them, 24 companies expect a year-on-year increase in net profit attributable to the parent company of over 100%, with 4 companies expecting an increase of more than 20 times year-on-year. Notably, **the companies with explosive performance are mainly concentrated in the semiconductor, non-ferrous metals, and basic chemicals industries, continuing the high prosperity since 2025**. Shenwan Hongyuan Securities believes that the chemical industry in 2026 will show characteristics of slowing supply growth and gradual recovery of prosperity. In the olefin industry chain, the capacity growth rate of ethylene/propylene is expected to drop to 7%/4% in 2026, while aromatics will enter a prosperity reversal cycle under coordinated production cuts. On the policy side, documents such as the "Energy Saving and Carbon Reduction Action Plan" have been issued to strictly control new production capacity in the refining and calcium carbide industries for 2024-2025. On the demand side, the demand for lithium iron phosphate materials is driven by energy storage batteries (with a year-on-year shipment increase of +90.7% from January to September 2025), and coal chemical industry shows a substitution advantage due to high oil prices. ### Related Stocks - [300568.CN](https://longbridge.com/en/quote/300568.CN.md) - [159133.CN](https://longbridge.com/en/quote/159133.CN.md) - [600331.CN](https://longbridge.com/en/quote/600331.CN.md) - [000703.CN](https://longbridge.com/en/quote/000703.CN.md) ## Related News & Research - [1 Top Semiconductor Stock Nobody Is Talking About](https://longbridge.com/en/news/284235700.md) - [Michael Burry says SOX will return to earth — and reveals fresh $330 puts on key semiconductor ETF](https://longbridge.com/en/news/284156746.md) - [Sinopec refinery utilisation drops, but chemical exports rise due to Iran war](https://longbridge.com/en/news/284489804.md) - [S&P 500 At Highs, Hedge Funds Step Back—Semiconductor ETFs Test Limits](https://longbridge.com/en/news/284242821.md) - [Nvidia Vs. Salesforce: The ETF Trade Winning Big In A Split Tech Market](https://longbridge.com/en/news/284435588.md)