有色金属ETF天弘(159157)标的指数五连阳，较区间最低点涨超12%，近5日净流入超8亿元

Core Viewpoint - The Tianhong Nonferrous Metals ETF (159157) has seen significant growth, with a more than 12% increase from its recent low and a trading volume of 2.13 billion yuan, indicating active market participation [1][2]. Group 1: ETF Performance - As of February 12, 2026, the Tianhong Nonferrous Metals ETF reached a new high in size at 19.33 billion yuan and a total of 1.924 billion shares, marking a record since its inception [1]. - The ETF has experienced continuous net inflows over the past five days, totaling 8.23 billion yuan, with a peak single-day inflow of 2.69 billion yuan [2]. Group 2: Product Highlights - The Tianhong Nonferrous Metals ETF closely tracks the Industrial Nonferrous Metals Index (H11059.CSI), selecting 30 large-cap companies involved in copper, aluminum, rare earths, lead-zinc, tungsten, and molybdenum, with copper and aluminum accounting for over 50% of the index weight [3]. Group 3: Market Trends - The demand for copper is expected to surge due to the dual drivers of AI and new energy, with significant increases in retail and wholesale sales of new energy vehicles by 42% and 39% respectively in early February, indicating rapid market expansion [5]. - The tightening supply of copper, combined with optimistic market sentiment regarding demand in the new energy sector, is likely to push up copper prices further [5]. Group 4: Institutional Insights - Citic Securities emphasizes the importance of capitalizing on the copper sector's pullback opportunities, citing supply-side production cuts and steady demand as foundational elements for a favorable copper price outlook in 2026 [6].