The chemical ETF Penghua rose against the market trend, with nearly 500 million net subscriptions during the session. The impact of the attack on Middle Eastern refineries is likely to exceed expectations
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The chemical ETF Penghua rose against the market trend, with net subscriptions nearing 500 million shares during the trading session. Due to the attack on Iranian refineries, related petrochemical facilities are expected to be offline longer than anticipated. Institutional analysis suggests that Chinese chemical companies will secure stable raw material supplies, potentially leading to profit growth after the conflict. Prices of various chemical products are expected to double, and the valuation space for related companies is worth looking forward to. The CSI Subdivision Chemical Industry Theme Index rose by 0.47%, with strong performance from constituent stocks
Source: 腾讯新闻 - 财经 The copyright of this article belongs to the original author/organization.
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