Group 1 - The core viewpoint of the news is that the gold industry is experiencing a significant increase in stock performance, driven by strong demand and investment in gold ETFs, despite a slowdown in central bank purchases of gold [1][2]. - As of January 29, 2026, the CSI Hong Kong-Shenzhen Gold Industry Stock Index rose by 3.01%, with notable increases in individual stocks such as Xiaocheng Technology (up 19.52%), Tongling Nonferrous Metals (up 10.06%), and China Gold (up 10.02%) [1]. - The World Gold Council reported that central banks and sovereign institutions purchased slightly over 860 tons of gold in 2025, with expectations for stable purchasing rates in 2026, although this is lower than the over 1,000 tons purchased annually in the three years prior to 2025 [1]. Group 2 - The CSI Hong Kong-Shenzhen Gold Industry Stock Index (931238) includes 50 large-cap companies involved in gold mining, refining, and sales, reflecting the overall performance of gold industry stocks in the mainland and Hong Kong markets [2]. - As of December 31, 2025, the top ten weighted stocks in the index accounted for 63.58% of the total index, with companies like Zijin Mining and Shandong Gold among the leading constituents [2].

Group 1 - The A-share non-ferrous metal sector experienced a significant rebound after an initial drop, with the non-ferrous ETF Huatai-PineBridge (159652) rising over 3% in the afternoon session, completing an adjustment with a net subscription of 1 million shares, amounting to over 200 million CNY [1] - The trading volume exceeded 800 million CNY, with a turnover rate surpassing 10%, indicating active market participation [1] - Key stocks in the sector saw substantial gains, with companies like Tongling Nonferrous Metals, Northern Copper, and Shenghe Resources hitting the daily limit, while Jiangxi Copper and Yunnan Copper rose over 7% and 9% respectively [1] Group 2 - The non-ferrous ETF Huatai-PineBridge (159652) attracted significant capital inflow, with over 480 million CNY in the last 5 days and over 1.5 billion CNY in the last 20 days, bringing its total scale to 7.348 billion CNY [2] - The precious metals market remains strong, with COMEX gold prices surpassing 5600 USD, reaching a record high, and the Shanghai gold futures contract breaking through the 1200 CNY per gram mark, with a monthly increase of over 25% [2] - The metal industry is entering a weak supply cycle, with global mining supply expected to remain rigid until 2028, while demand is anticipated to rise due to green energy transitions and new production capabilities [2]

Core Insights - The main focus of the news is the significant outflow of capital from various stocks, indicating a potential shift in investor sentiment and market dynamics. Group 1: Stock Performance and Capital Outflow - Industrial Fulian experienced the highest capital outflow of 5.09%, totaling 5.444 billion yuan [1][2] - Sunshine Power saw a capital outflow of 1.558 billion yuan with a decline of 4.92% [1][2] - China Aluminum had a capital outflow of 1.452 billion yuan, but its stock price increased by 3.49% [1][2] - Tongling Nonferrous Metals recorded a capital outflow of 1.204 billion yuan with a notable increase of 10.06% in stock price [1][2] - Semiconductor company SMIC faced a capital outflow of 1.109 billion yuan, with a decrease of 4.2% [1][2] Group 2: Sector Analysis - The consumer electronics sector, represented by Industrial Fulian and Luxshare Precision, showed significant capital outflows of 5.444 billion yuan and 1.068 billion yuan respectively [1][2] - The photovoltaic equipment sector, represented by Sunshine Power, experienced a capital outflow of 1.558 billion yuan [1][2] - The non-ferrous metals sector, including China Aluminum and Tongling Nonferrous Metals, had mixed results with capital outflows of 1.452 billion yuan and 1.204 billion yuan respectively [1][2] - The semiconductor sector, represented by SMIC, faced a capital outflow of 1.109 billion yuan [1][2] Group 3: Additional Stock Movements - Other notable stocks with significant capital outflows include: - Luoyang Molybdenum with 1.080 billion yuan and a slight decrease of 0.04% [1][2] - Hunan Silver with a capital outflow of 1.062 billion yuan and an increase of 4.95% [1][2] - Xiamen Tungsten with a capital outflow of 0.821 billion yuan and a decline of 7.11% [1][3] - The electronics components sector, represented by Huadian Co. and Shenghong Technology, also saw capital outflows of 0.895 billion yuan and 0.740 billion yuan respectively [1][3]

流动性方面，有色ETF汇添富盘中换手10.69%，成交7.97亿元，市场交投活跃。拉长时间看，截至1月28日，有色ETF汇添富近1年日均成交1.11亿元。 值得一提的是，有色ETF汇添富(159652)盘中获资金积极涌入，净申购近1亿份，按盘中成交均价估算，净申购金额已超2亿元。 截至2026年1月29日 13:12，中证细分有色金属产业主题指数(000811)强势上涨3.16%，成分股铜陵有色上涨10.06%，西部黄金上涨10.01%，湖南黄金上涨 10.01%，云南铜业，盛和资源等个股跟涨。有色ETF汇添富(159652)一度涨超3%，现涨2.39%，最新价报2.27元。拉长时间看，截至2026年1月28日，有色 ETF汇添富近1周累计上涨13.64%（以上所列股票仅为指数成份股，无特定推荐之意） 规模方面，有色ETF汇添富最新规模达73.48亿元，创近1年新高。（数据来源：Wind） 份额方面，有色ETF汇添富最新份额达33.42亿份，创近1年新高。（数据来源：Wind） 资金流入方面，有色ETF汇添富最新资金净流入1.64亿元。拉长时间看，近5个交易日内有4日资金净流入，合计"吸金"4.88亿元，日均 ...

据交易所数据显示，铜陵有色5天4板。该股今日于13：01封涨停，成交额127.96亿元，换手率13.01%。 金融界App AI线索挖掘：近期有色板块中铜方向领涨，相关 期货合约价格持续走高并创下历史新高， 市场对铜资源的关注度提升。铜陵有色在国内拥有多座自主矿山，在国外也有矿山布局，为其参与市场 竞争构筑了核心壁垒。 风险提示：连板股波动剧烈，注意追高风险，理性投资！（注：以上由AI基于 交易所等公开数据生成，内容不构成投资建议。） ...

金属铜板块午后持续拉升，铜陵有色、云南铜业涨停，北方铜业此前封板，江西铜业、西部矿业跟涨。 消息面上，LME铜价延续涨势，首次突破14000美元大关。 ...

有色板块盘中再度拉升，铜方向领涨，北方铜业2连板，铜陵有色涨超7%，均创历史新高，云南铜业、 江西铜业、西部矿业、紫金矿业等跟涨。 ...

消息面，美联储议息会议暂缓降息，美元指数冲高回落，金价再度走强，日内连破3个整数关口，强势 突破5400美元，截至收盘，COMEX黄金期货涨6.46%报5411美元/盎司。 美联储于2026年1月27～28日举行了年内首次联邦公开市场委员会（FOMC）会议，决定将联邦基金利 率目标区间维持在3.5%～3.75%不变。这是继2025年下半年连续三次降息后，美联储首次暂停降息步 伐。芝加哥商品交易所宣布，上调一系列贵金属期货合约保证金。 相关分析指出，美联储暂停降息但释放未来宽松预期，叠加市场对鸽派美联储主席人选的押注，推动贵 金属避险及抗通胀属性凸显，同时芝商所调整部分贵金属期货保证金参数也可能加剧短期波动。 有色彻底失控了！1月29日，截至9时35分，"有色放大器"有色矿业ETF招商(159690)放量涨3.88%，湖南 黄金、白银有色、中金黄金、铜陵有色涨幅居前，资金热度不减，据Wind Level2实时行情结合均价预 估，盘中净流入约5800万! 据了解，有色矿业ETF招商(场内：159690；场外：026477)前三大权重品种铜（31%）、金（14%）、 铝（12%）合计占比近6成，龙头集中度高。还自带 ...

（文章来源：每日经济新闻） 每经AI快讯，1月29日，铜产业指数盘中涨2%，成分股表现活跃。白银有色涨停，飞南资源、铜陵有 色、云南铜业、鹏欣资源涨幅居前。 ...

Group 1 - The non-ferrous metal sector has strengthened again, with companies such as Yiqiu Resources and Chang Aluminum achieving consecutive gains [1] - Dingsheng New Materials has reached the daily limit increase, while Zinc Industry Co. and Tongling Nonferrous Metals are close to hitting the limit [1] - Other companies like Zhuhai Group and Pengxin Resources have also shown significant gains [1]