Baiyin Nonferrous(SH:601212) Sou Hu Cai Jing·2026-01-28 05:45Group 1 - The non-ferrous metal sector is leading the market, with the popular ETF, Huabao Non-Ferrous ETF (159876), seeing a price surge of over 6.38%, currently up 5.17%, reaching a historical high [1] - The Huabao Non-Ferrous ETF has attracted significant capital inflow, with a net subscription of 134 million units and a total of 856 million yuan raised over the past 20 days [1][4] - Key stocks in the sector include Silver Non-Ferrous, Hunan Gold, China Aluminum, and others, with several stocks hitting their daily price limits [1] Group 2 - Spot gold prices have surged, breaking through 5200 USD, with a significant increase of over 900 USD since the beginning of 2026 [3] - Analysts predict further increases in gold prices due to factors such as expectations of Federal Reserve interest rate cuts and geopolitical uncertainties, with potential annual increases of 7%, 23%, and 34% in 2026 under different scenarios [3] - The non-ferrous metal industry is expected to enter a resource super cycle, with prices for metals like gold, copper, aluminum, and rare earths likely to rise significantly [3] Group 3 - As of January 27, the Huabao Non-Ferrous ETF has reached a new scale of 2.34 billion yuan, making it the largest ETF tracking the non-ferrous metal index in the market [4] - The ETF and its linked funds cover a wide range of metals, including copper, aluminum, gold, and lithium, allowing investors to capture the overall sector's performance [6] Group 4 - The top holdings in the Huabao Non-Ferrous ETF include leading companies in copper, aluminum, rare earths, and lithium, with significant market capitalizations [8]