有色金属ETF(512400.SH)涨1.58%，云铝股份涨6.12%

Group 1 - The core viewpoint of the news highlights the positive performance of the industrial metals and rare earth sectors in the Chinese stock market, with the non-ferrous metal ETF rising by 1.58% and Yun Aluminum Co. increasing by 6.12% as of 1:40 PM [1] - The U.S. November CPI data showed a significant drop below expectations, indicating a cooling in core service inflation, which is expected to support the market's anticipation of potential interest rate cuts by the Federal Reserve next year [2] - Huatai Securities suggests that stable growth policies in infrastructure investment are likely to boost demand for industrial metals, while supply constraints may support price resilience, particularly for copper and aluminum [2] Group 2 - For copper, short-term disruptions at mines and declining smelting fees are noted, with long-term capital expenditure on global copper mines being insufficient, which may limit supply elasticity [2] - The aluminum sector is expected to maintain a tight supply-demand balance due to a clear production cap on domestic electrolytic aluminum and ongoing demand from photovoltaic and new energy vehicles [2] - Precious metals are anticipated to benefit from the nearing end of the Fed's rate hike cycle, with expectations of lower real interest rates and increased gold purchasing by central banks, while silver may gain from the growth in photovoltaic installations [2] Group 3 - The non-ferrous metal ETF (512400.SH) tracks the CSI Zhongshan Non-Ferrous Metal Index, comprising 50 stocks from the non-ferrous metal industry, reflecting the overall performance of the sector [2]