Chemical Sector Surge: Anshan Hifichem Co Ltd and Industry Peers
On May 13, 2025, the chemical sector experienced a significant rally, with several companies witnessing substantial gains. Among the notable performers were Anshan Hifichem Co Ltd and its industry peers, as reported by multiple financial news sources.
Market Performance
The chemical sector, particularly the dispersion dye concept, saw a strong performance. Companies like Qichai Chemicals surged over 11%, with other firms such as Shanshui Technology, Lanfeng Biotech, Runtu Group, and Yarun Group also experiencing significant gains. This trend was highlighted by reports from People’s Finance and Southern Finance.
Key Gainers
The chemical board continued its upward trajectory, with several companies hitting their daily price limits. Notably, Zhongyida and Zhonghua International reached their maximum allowed price increase, while Longhua Chemical, Hongqiang Shares, and Youfu Group had previously hit their limits. Other companies like Liansheng Chemical, Qichai Chemicals, and Jiangtian Chemical saw increases of over 10%, as reported by Shanghai Securities News and Southern Finance.
Anshan Hifichem Co Ltd Overview
Anshan Hifichem Co Ltd, a key player in the chemical industry, specializes in high-performance organic pigments, solvent dyestuff, and intermediates. The company serves various sectors, including ink, coatings, plastics, electronics, paper coloring, and seed coloring. Listed on the Shenzhen Stock Exchange, Anshan Hifichem has a market capitalization of approximately 6.77 billion CNY and a price-to-earnings ratio of 47.2262. As of May 11, 2025, the company’s closing price was 15.72 CNY, with a 52-week high of 17.79 CNY and a low of 9.67 CNY.
Industry Context
The broader chemical sector’s rally reflects positive sentiment and potential growth opportunities within the industry. The performance of companies like Anshan Hifichem and its peers underscores the sector’s resilience and potential for further gains.
For more detailed information on Anshan Hifichem Co Ltd’s products and services, interested parties can visit their website at www.hifichem.com .