ETF日报｜沪指8连阳，有色冲刺年度冠军，159876又新高！商业航天涨势汹涌，滞涨券商放量躁动

Core Viewpoint - The news highlights the strong performance of the non-ferrous metals sector, particularly the Huabao Non-Ferrous ETF (159876), which has seen significant gains and is expected to continue its upward trend into 2026, supported by optimistic institutional forecasts [1][4][8]. Non-Ferrous Metals Sector - The Huabao Non-Ferrous ETF (159876) surged by 3.77%, marking a new high since its listing, and has led the market with a year-to-date increase of nearly 94% [1][4]. - Institutional optimism remains high, with China International Capital Corporation (CICC) predicting that non-ferrous and precious metals will be part of the "first tier" of upward trends by 2026 [1][8]. - The sector has attracted significant capital inflow, with the Huabao Non-Ferrous ETF accumulating 561.1 million yuan over two days, indicating strong market confidence [5]. Lithium Battery Industry - The lithium battery supply chain has experienced a substantial increase, with lithium carbonate futures breaking through 130,000 yuan per ton, reaching a new high since November 2023 [2]. - The National Development and Reform Commission emphasized the importance of regulating and innovating in the new energy vehicle and lithium battery sectors [2]. Chemical Industry - The Chemical ETF (516020) rose over 2%, with expectations of a cyclical upturn in the chemical industry by 2026, driven by strong policy support and supply-demand dynamics [3]. - The industry is anticipated to experience a "Davis double play" effect, transitioning from valuation recovery to earnings growth [3]. Aerospace and Military Industry - The military and aerospace sectors are showing robust activity, with the successful launch of satellites by the Long March 8 rocket, contributing to the upward momentum in the General Aviation ETF (159231) and Military Industry ETF (512810) [3][15]. - The Military ETF (512810) has reached a three-year high, reflecting strong investor interest and a positive outlook for the sector [11][13]. Brokerage Sector - The brokerage sector has been relatively subdued, with the top brokerage ETF (512000) showing a slight increase of 0.86%, despite a year-to-date performance lagging behind the broader market [19][23]. - Analysts suggest that the sector is entering a new growth cycle, driven by long-term capital inflows and regulatory support for investment banking [23][25]. - The brokerage sector is expected to benefit from increased market activity and opportunities in direct financing for technology enterprises [24].