大涨3%再创新高！“有色”牛气冲天：连续20个交易日吸金合计超12亿元

Core Viewpoint - The non-ferrous metal sector is experiencing significant growth, with the Huabao Non-Ferrous ETF (159876) reaching a historical high and attracting substantial net inflows, indicating strong investor interest and confidence in the sector's future performance [1] Group 1: Market Performance - The Huabao Non-Ferrous ETF (159876) surged by 3%, setting a new historical high as of January 28 [1] - The ETF has seen real-time net subscriptions exceeding 1.25 billion units, with a total net inflow of over 1.2 billion yuan in the last 20 trading days, bringing its total fund size to 2.34 billion yuan [1] Group 2: Industry Outlook - China Galaxy Securities suggests capitalizing on the "AI leap + century change" resonance, indicating a super cycle in non-ferrous metals driven by macroeconomic narratives [1] - Historical patterns show that commodity cycles are lengthy, typically lasting 25 to 30 years, with upward trends lasting 8 to 10 years, suggesting a prolonged bullish phase for non-ferrous metals [1] - Institutions widely agree that the non-ferrous metal sector is likely to continue its upward trajectory, with expectations of a bull market driven by monetary, demand, and supply factors by 2026 [1] Group 3: ETF Coverage - The Huabao Non-Ferrous ETF (159876) and its linked fund (017140) comprehensively cover various sectors including copper, aluminum, gold, rare earths, and lithium, allowing for better exposure to the entire sector's beta performance [2]