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Huaxin Securities: The chemical industry is expected to enter the best demand season of the year.
On October 22, Jin10 Data reported that Huaxin Securities research report pointed out that with the arrival of the golden September and silver October, the chemical industry is expected to enter the best demand season of the year. In addition to suggesting continued attention to tire businesses, upstream mining industries, titanium dioxide industries, and other industries with the potential for performance to continue to exceed expectations, it is also recommended to pay attention to leading companies in segmented industries for valuation recovery opportunities. Specific recommendations are as follows: in 2024, under the mismatch between supply and demand, bottom features have already emerged. At the time when the industry is gradually entering the best demand season of the year, leading companies in some segmented industries have investment opportunities with triple bottoms (cyclical bottom, profit bottom, and valuation bottom). It is recommended to continue following segmented industries with clear and stable competitive landscape, complete industrial chains, and strong cost advantages brought by scale expansion.