The main funds increase in two major industries, and the leading companies in the optical module industry are facing a downturn.

According to statistics, the net outflow of main funds this week exceeded 146 billion yuan. In terms of Shenwan Industry Classification, the net outflow of main funds in the machinery equipment and nonferrous metal industries exceeded 19 billion yuan; the computer, communication, national defense and military industry, and electronics industries followed closely, with net outflows of over 15 billion yuan. In terms of net inflows, the main funds in the basic chemical and home appliance industries exceeded 1 billion yuan, reaching 6.45 billion yuan and 1.072 billion yuan respectively. Citic Securities stated that, driven by the resumption of work after the holiday and the increase in oil prices, among the 154 chemical products tracked, the diffusion index reached 60.39%, second only to the peak of energy control in October 2021 over the past ten years. The institution pointed out that the ongoing conflict between the US and Iran is causing a reassessment of the position of coal chemical energy security, as well as price increases and arbitrage opportunities in small chemical varieties. Geopolitical risks are pushing up oil prices, and most coal chemical products are derived from petroleum, so in the context of widening oil-coal price differentials, the coal-head product industry chain is benefiting significantly. The surge in European natural gas prices is putting pressure on the cost of chemical products, especially for small additive products with low downstream cost ratios and good pricing fundamentals. Food additives such as lysine and vitamins, as well as plastic additives such as anti-aging agents, have already begun to see price increases materialize.