Group 1 - The core viewpoint of the news highlights the accelerating investment in the non-ferrous metals sector, driven by a combination of the "AI leap" and the "century change" in global order, suggesting a super cycle for non-ferrous metals [1] - The non-ferrous ETF Huabao (159876) has seen significant net subscriptions, with over 31 million shares purchased in real-time and a total of 376 million yuan in the last five days, indicating strong market interest [1] - Historical patterns show that each super copper cycle corresponds with a strong macro narrative, and the current cycle is expected to last until at least 2026, influenced by factors such as the recovery of the US dollar credit and strategic stockpiling [1] Group 2 - The non-ferrous ETF Huabao (159876) and its linked fund (017140) cover a wide range of sectors including copper, aluminum, gold, rare earths, and lithium, allowing for better capture of the overall sector's beta performance [2] - As of January 19, the latest scale of the non-ferrous ETF Huabao (159876) reached 1.626 billion yuan, setting a new historical high and making it the largest ETF tracking the China Nonferrous Metals Index in the market [2]
有色冲高回调逾2%！资金实时反向加仓逾3100万份，近10日狂揽6.4亿元
Sou Hu Cai Jing·2026-01-20 02:49