镍价大涨，有色概念股震荡走强，有色ETF银华（159871）涨近1%

Group 1 - The A-share market showed a mixed performance in the morning session, with non-ferrous metal stocks experiencing strong fluctuations, particularly in cobalt stocks such as Huayou Cobalt, which rose over 4%, and Hanrui Cobalt, which increased by more than 3% [1] - The nickel spot price on February 11 was reported between 137,800 to 147,400 RMB per ton, with an average price of 142,600 RMB per ton, marking a daily increase of 2,950 RMB per ton [1] - Analysts indicate that the nickel market is currently characterized by "tight supply and differentiated demand," providing strong support for price trends ahead of the holiday [1] Group 2 - Domestic infrastructure projects are progressing steadily, with continued growth in copper demand from the photovoltaic, wind power, and energy storage sectors, alongside a marginal recovery in orders from traditional consumer sectors such as home appliances and automobiles [1] - The demand for aluminum remains robust, driven by sectors such as photovoltaic, lightweighting in new energy vehicles, energy storage construction, and ultra-high voltage power grid construction, which effectively offsets seasonal demand declines in traditional sectors [1] - The Silver Hua Non-ferrous ETF (159871) tracks the CSI Non-ferrous Metals Index, which includes listed companies involved in the mining, smelting, and processing of non-ferrous metals, reflecting the overall performance of related listed companies [1]