The petrochemical sector strengthened in the early trading session, and the chemical industry ETF E Fund (516570) with low fees attracted attention.

robot
Abstract generation in progress

In early trading today, the petrochemical and refining sector showed strong performance, becoming the focus of the market. By the midday close, the CSI Petrochemical Industry Index was up 2.3%, and several constituent stocks put in standout performances. Among them, Hengyi Petrochemical and Shengquan Group both hit the daily limit. Hualu Hengsheng rose by more than 8%, while Luxi Chemical and Baofeng Energy increased by more than 7% and 6%, respectively, boosting overall investor enthusiasm in the entire sector.

The chemical industry ETF of Easeworth (516570), which tracks the CSI Petrochemical Industry Index, has attracted market attention. According to Wind data, the product’s latest size has reached RMB 2.2 billion, ranking first among similar target funds. Notably, its management fee rate is only 0.15% per year, which is on the lower end among ETF products, giving investors a more cost-effective option.

Industry insiders note that although the current sector is active, investors should still exercise caution when investing in funds. Market volatility contains uncertainty; investors should make reasonable decisions based on their own risk tolerance.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments