有色ETF鹏华(159880)盘中净申购1750万份，机构看好贵金属中长期持续走强

Group 1 - The core viewpoint is that the recent meeting between former Federal Reserve Governor Kevin Walsh and President Trump has increased the probability of Walsh being nominated as the new Fed Chair to 87%, which may impact the market dynamics for commodities, particularly precious metals [1] - Long-term factors such as the restructuring of the global monetary credit system, regional risk escalation, and changes in asset allocation logic are expected to drive precious metals prices higher [1] - The recent decline in the US dollar index has enhanced the attractiveness of copper assets priced in dollars, with the US government's tolerance for a weaker dollar potentially reinforcing market expectations and driving funds into the commodity market, thereby increasing copper demand [1] Group 2 - The global copper mining capital expenditure remains insufficient, which could support long-term price increases [1] - China's investment in electric grid construction is entering a new phase with annual investments nearing 1 trillion yuan, alongside new copper demand from green transformation, electrification, and AI data center construction [1] - As of January 30, 2026, the National Securities Nonferrous Metals Industry Index (399395) shows mixed performance among its constituent stocks, with Hunan Gold leading with a 9.99% increase [1] Group 3 - The Penghua Nonferrous ETF closely tracks the National Securities Nonferrous Metals Industry Index, which includes 50 prominent securities in the nonferrous metals sector, reflecting the overall performance of listed companies in this industry [2] - As of December 31, 2025, the top ten weighted stocks in the National Securities Nonferrous Metals Industry Index account for 51.65% of the index, including companies like Zijin Mining and Luoyang Molybdenum [2]