“反内卷”主线升温，有色板块异军突起！有色50ETF(159652)涨超1.5%，连续4日吸金超2000万元！

Group 1 - The A-share market experienced fluctuations and a pullback on August 8, with the "anti-involution" theme gaining traction, particularly in the non-ferrous metals sector, where the Non-ferrous 50 ETF (159652) rose by 1.55% [1] - The Non-ferrous 50 ETF (159652) has attracted over 20 million yuan in capital for four consecutive days, indicating strong investor interest [1] - Major stocks within the Non-ferrous 50 ETF saw significant gains, with Zhongmin Resources, Shenghe Resources, and Hailiang Co. rising over 4%, while Luoyang Molybdenum and Jinchuan Group increased over 3% [3] Group 2 - U.S. non-farm payroll data for July fell short of expectations, with only 73,000 jobs added, leading to a downward revision of previous months' data, which collectively cut 258,000 jobs, the largest revision since June 2020 [4] - The probability of a rate cut in September has risen to 80.3%, with expectations for further easing likely to benefit the non-ferrous metals sector [4] - Long-term capital inflows from insurance funds and other "long money" sources are expected to enhance pricing power in the copper and aluminum markets, driven by supply constraints and rising costs [6] Group 3 - The strategic metals sector, particularly rare earths, is anticipated to undergo a value reassessment, with increasing government focus on resource control amid ongoing U.S.-China trade tensions [7] - Tungsten prices are expected to rise due to supply constraints, as existing mines face declining output and new projects are limited [7] - The overall configuration value of the non-ferrous sector is highlighted, supported by multiple favorable factors including supply-side policies and new demand dynamics [7] Group 4 - The Non-ferrous 50 ETF (159652) encompasses a wide range of metals, including gold, copper, and rare earths, with a copper content of 31%, making it a leading choice in its category [9] - The ETF includes major companies such as Northern Rare Earth and Zhongjin Gold, which are key players in their respective segments [10] - Investors are encouraged to consider the Non-ferrous 50 ETF (159652) for exposure to potential opportunities in precious and industrial metals amid economic recovery and rate cut cycles [12]