Core Viewpoint - The A-share market is experiencing fluctuations, with sectors such as chemicals, lithium batteries, and precious metals showing strength, indicating a potential bullish trend driven by expectations for a cyclical recovery in 2024 [1] Group 1: Market Performance - On November 10, A-share indices showed volatility, with the non-ferrous metals ETF (159871) rising over 2%, aiming for a fourth consecutive increase since November 5 [1] - Leading stocks in this sector include Guocheng Mining, Shengxin Lithium Energy, Huaxi Nonferrous, and Hunan Gold [1] Group 2: Investment Insights - According to招商证券, the recent price increase in the market is driven by a preemptive move for the anticipated cyclical recovery next year, suggesting that non-ferrous metals, steel, and building materials are viable investment options [1] - 中信建投 predicts that the A-share bull market may continue until 2026, with an expectation of a steady upward trend in indices, albeit with slower growth, prompting investors to focus more on fundamental improvements and economic conditions [1] Group 3: Sector Focus - Key sectors to watch include new energy, non-ferrous metals, basic chemicals, oil and petrochemicals, non-bank financials, military industry, machinery equipment, and computers [1] - The non-ferrous metals ETF (159871) tracks the CSI Non-Ferrous Metals Index, which includes companies involved in the mining, smelting, and processing of non-ferrous metals, reflecting the overall performance of related listed companies [1]