On April 23, the Huabao Fund Petroleum ETF (159019) made its debut on the market. As the oil and petrochemical sector regained momentum, the Petroleum ETF (159019), which provides one-click exposure to the entire oil and gas industry chain, rose during the session and turned positive. As of the time of writing, its on-market price had increased by 0.5%, bucking the overall market trend.
Among its constituent stocks, ShuiFa Gas surged by the daily limit, while Guanghui Energy and Lanyan Holdings both rose over 5%. Zhongman Petroleum, Potential Energy, and Offshore Oil Engineering also ranked among the top gainers.
Regarding market developments, Citi warned that if disruptions in the Strait of Hormuz persist for 8-9 weeks, global crude oil inventories could fall to historically low levels, potentially keeping Brent crude prices around $130 per barrel until the third quarter. J.P. Morgan analysis suggested that Iran may be forced to cut production in approximately 16 days, with a potential shutdown of 1.9 million barrels per day within 30 days.
CITIC Securities pointed out that the Strait of Hormuz remains the core factor influencing marginal fluctuations in oil prices. Even if navigation through the strait resumes, the associated risk premium is likely to be permanently factored into oil prices, keeping them at elevated levels.
Looking ahead, Dongxing Securities noted in a research report that against a backdrop of potentially high-to-mid range oil prices, companies with high dividends and strong growth prospects should be the primary focus. With the advancement of market value management assessments and the dual capacity and willingness to pay dividends, high dividend yields are expected to persist.
For one-click exposure to the entire oil and gas industry chain and to capture the benefits of the energy security era, the Huabao Petroleum ETF (159019) is a key instrument to watch. This ETF tracks the China Securities Oil & Natural Gas Index, whose portfolio covers 50 A-shares across various segments of the oil and gas industry, including exploration and development, equipment and services, and gas transmission and distribution. The "Big Three" oil companies account for over 40% of the index.
Note: Fee details are available in the respective fund legal documents. Source: Shanghai and Shenzhen Stock Exchanges, etc., as of April 23, 2026. Reminder: Recent market volatility may be significant; short-term gains or losses do not indicate future performance. Investors are advised to make rational investment decisions based on their own financial situation and risk tolerance, paying close attention to position and risk management.
Risk Disclosure: The Huabao Petroleum ETF passively tracks the China Securities Oil & Natural Gas Index. The index's base date is December 31, 2002, and it was launched on December 30, 2014. The composition of the index's constituent stocks is adjusted according to its compilation rules, and its historical backtested performance does not predict future index performance. Individual stocks mentioned are listed solely as objective examples of index constituents and are not recommendations, nor do they represent the investment direction of the fund manager or the fund. All information presented (including but not limited to individual stocks, commentary, forecasts, charts, indicators, theories, and any form of expression) is for reference only. Investors are responsible for any independent investment decisions. Furthermore, any views, analyses, or predictions herein do not constitute investment advice of any kind to the reader, and no liability is accepted for any direct or indirect losses resulting from the use of this content. Investors should carefully read the "Fund Contract," "Prospectus," "Fund Product Summary," and other fund legal documents to understand the fund's risk-return profile and select products that match their risk tolerance. Past performance of the fund does not predict its future results, and the performance of other funds managed by the fund manager does not guarantee the performance of this fund. Based on the fund manager's assessment, the Huabao Petroleum ETF has a risk rating of R3 - Medium Risk and is suitable for Balanced (C3) and higher risk profile investors. Suitability matching opinions are subject to the sales institution. Sales institutions (including the fund manager's direct sales channels and other sales institutions) evaluate the above fund's risk according to relevant laws and regulations. Investors should promptly pay attention to the suitability opinions provided by the fund manager. Suitability opinions may vary among sales institutions, and the risk rating results provided by fund sales institutions for the fund product shall not be lower than the risk rating result given by the fund manager. The fund contract's description of the fund's risk-return characteristics and the fund's risk rating may differ due to different consideration factors. Investors should understand the fund's risk-return situation and carefully select fund products based on their investment objectives, time horizon, experience, and risk tolerance, bearing the risks themselves. The China Securities Regulatory Commission's registration of this fund does not indicate a substantive judgment or guarantee of its investment value, market prospects, or returns. Fund investment involves risks.
The MACD golden cross signal has formed, and these stocks are performing well.
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