有色金属ETF天弘(159157)标的指数三连阳，近3日净流入超6亿元

Core Insights - The article highlights the strong performance and growing popularity of the Tianhong Nonferrous Metals ETF (159157), which has seen significant trading activity and inflows, indicating a bullish sentiment in the nonferrous metals sector [1][2]. Group 1: ETF Performance - As of February 10, 2026, the Tianhong Nonferrous Metals ETF (159157) recorded a turnover of 16.21% with a transaction volume of 239 million yuan, reflecting active market trading [1]. - The ETF's latest scale reached 1.664 billion yuan, with a total of 1.715 billion shares, both marking all-time highs since its inception [2]. - Over the past three days, the ETF has experienced continuous net inflows, totaling 614 million yuan, with a peak single-day inflow of 269 million yuan [2]. Group 2: Industry Insights - The nonferrous metals industry is projected to see significant economic benefits, with the China Nonferrous Metals Industry Association reporting that by 2025, the number of large nonferrous metal enterprises will exceed 12,000, a 39.2% increase from the end of 2020 [3]. - By 2025, the total assets of these enterprises are expected to surpass 6.6 trillion yuan, representing an 8.2% growth from 2024, while operating revenue is anticipated to reach 10.2 trillion yuan, a 13.9% increase [3]. - The industry is expected to achieve a record profit total of 528.45 billion yuan in 2025, reflecting a 25.6% increase from 2024 [3]. Group 3: Market Analysis - Dongwu Securities indicates that copper prices may face downward pressure due to increased inventories in major markets and a low-risk environment, with expectations of fluctuating prices leading up to the holiday season [4]. - For aluminum, a decrease in operating rates among downstream processing enterprises is anticipated, which may lead to further growth in domestic inventories and a potential decline in prices [4]. - The gold market remains volatile, influenced by weak labor market data in the U.S. and ongoing cross-asset sell-offs, with expectations for gold to maintain upward momentum in a dual expansion environment [4].