2026 May Be a Turning Point for Industry Cycle Reversal, Penghua CSI Subdivision Chemical Industry Theme ETF(159870) Rises 0.59% in Morning Trading

NewTimeSpace News - As of 10:43 on January 9, 2026, Chemical Industry ETF (159870) rose 0.59%, with the latest price at 0.86 yuan. Over a longer timeframe, as of January 8, 2026, Chemical Industry ETF gained 3.40% over the past week. (The stocks listed above are index constituents only and do not constitute specific recommendations.)

In terms of liquidity, Chemical Industry ETF recorded an intraday turnover rate of 2.36% and trading volume of 457 million yuan. Over a longer period, as of January 8, its average daily trading volume reached 1.133 billion yuan over the past week, ranking first among comparable funds.

Scale-wise, Chemical Industry ETF's latest size hit 19.325 billion yuan, hitting a one-month high and ranking 1st out of 6 comparable funds. (Data source: Wind)

In terms of shares outstanding, the ETF's latest share count reached 22.714 billion units, hitting a one-month high and ranking 1st out of 6 comparable funds. (Data source: Wind)

Regarding capital flows, Chemical Industry ETF saw consecutive net capital inflows for the past 6 days, with the highest single-day net inflow of 704 million yuan, totaling 2.107 billion yuan in "capital absorption," with an average daily net inflow of 351 million yuan. (Data source: Wind)

Data shows leveraged funds continue to build positions. Chemical Industry ETF received net leveraged purchases for four consecutive days, with the highest single-day net purchase reaching 63.1436 million yuan, bringing the latest margin balance to 422 million yuan. (Data source: Wind)

As of January 8, Chemical Industry ETF's NAV rose 53.19% over the past year. In terms of return capability, as of January 9, 2026, since its inception, the ETF's highest monthly return was 21.63%, longest consecutive up months was 8, longest consecutive gain was 49.05%, and average return in up months was 6.19%. As of January 9, 2026, its excess return over benchmark since inception was 3.40% annualized.

On drawdowns, as of January 9, 2026, Chemical Industry ETF's year-to-date maximum drawdown was 1.56%, with a relative benchmark drawdown of 0.03%.

In terms of fees, Chemical Industry ETF charges a management fee of 0.50% and a custody fee of 0.10%, relatively low among comparable funds.

Regarding tracking accuracy, as of January 9, 2026, Chemical Industry ETF's three-month tracking error was 0.014%, the highest tracking precision among comparable funds.

Chemical Industry ETF closely tracks the CSI Subdivision Chemical Industry Theme Index. The CSI Subdivision Industry Theme Index Series comprises 7 indices including Subdivision Nonferrous Metals and Subdivision Machinery, selecting listed securities with larger scale and better liquidity from relevant subdivision industries as index samples to reflect the overall performance of listed securities in these subdivision industries.

SDIC Securities stated that the chemical industry is currently at the bottom of a four-year down cycle, with multiple indicators showing it has basically bottomed out, and 2026 is expected to be the turning point for cycle reversal. From a price perspective, the China Chemical Product Price Index (CCPI) stood at 3,930 points on December 31, 2025, down 39% from its 2021 peak and at the 23rd percentile over the past five years, indicating the industry has entered a historically low range. From a profitability perspective, the basic chemical sector achieved a net profit attributable to parent company of 112.7 billion yuan in the first three quarters of 2025, up 7.5% year-on-year, showing the sector has initially stabilized.

NewTimeSpace Disclaimer: All content herein is the original work of NewTimeSpace. Any reproduction, reprinting, or use of this content in any other manner must clearly indicate the source as "NewTimeSpace". NewTimeSpace and its authorized third-party information providers strive to ensure the accuracy and reliability of the data, but do not guarantee the absolute correctness thereof. This content is for reference only and does not constitute any investment advice. All transaction risks shall be borne by the user.