卫星翻倍、有色称王、脑机顶流，三大赛道起爆！谁是真王者？

Core Viewpoint - The years 2025 and 2026 are expected to witness significant historical milestones in the Chinese stock market, particularly with the Shanghai Composite Index breaking records and sectors like aerospace, non-ferrous metals, and brain-computer interfaces experiencing rapid growth [1]. Group 1: Satellite Industry - The satellite industry is currently in an unprecedented acceleration phase, with the satellite industry ETF (159218) being the first in the commercial aerospace sector to double in value this year [1]. - The International Telecommunication Union (ITU) has submitted an application for an additional 203,000 satellites, covering 14 satellite constellations, which indicates a potential doubling of satellite launches in 2026 compared to 2025 [4]. Group 2: Non-Ferrous Metals - The non-ferrous metals sector is poised for a new bull market in 2026, driven by the weakening of the US dollar and the increasing demand for materials like copper and rare earths, which are essential for electric vehicles, AI data centers, and high-end manufacturing [5]. Group 3: Brain-Computer Interfaces - The brain-computer interface sector is gaining attention due to its inclusion in the "14th Five-Year Plan" and significant advancements such as Neuralink's announcement of mass production in 2026 and successful clinical trials of domestic products [6]. - The most immediate application of brain-computer interfaces is in medical rehabilitation for patients with spinal injuries and strokes, highlighting the importance of practical applications over speculative concepts [8]. - The focus on brain-computer interfaces should be on high-end medical devices, as the sector is currently experiencing a policy and innovation cycle that supports its growth [8].