Group 1 - The core viewpoint of the news highlights a strong performance in the non-ferrous metal sector, with significant gains in stocks such as Tianqi Lithium, Ganfeng Lithium, and Chifeng Jilong Gold [1] - Non-ferrous and mining-related ETFs have seen an approximate increase of 3% due to market influences [1] Group 2 - Specific ETF performance includes: - Non-ferrous Metal ETF (512400) at 1.769, up 3.15% - Non-ferrous 50 ETF (159652) at 1.534, up 3.02% - Non-ferrous Leader ETF (159876) at 0.913, up 3.05% - Mining ETF (561330) at 1.760, up 3.04% - Non-ferrous 60 ETF (159881) at 1.701, up 2.90% - Non-ferrous Metal ETF (159871) at 1.780, up 2.95% [2] - Brokerages forecast that copper and cobalt prices will continue to rise due to supply tightness, while lithium prices are expected to benefit from unexpected increases in energy storage demand [2] - Despite fluctuations in precious metal prices, the overall bullish outlook remains unchanged, supported by loose liquidity and increased efforts by countries to secure key resources [2]

12月16日早盘，市场盘整，A股三大指数悉数飘绿，揽尽有色金属行业龙头的有色龙头ETF（159876）随市回调，场内价格现跌1.32%，值得关注的是，该 ETF近20日累计吸金2.03亿元，反映资金看好有色金属板块后市表现，积极进场布局！ 成份股方面，厦门钨业、洛阳钼业领涨超1%，江西铜业、永兴材料、雅化集团等个股飘红，另一方面，西部超导跌逾4%，楚江新材、华峰铝业、西部黄金 跌超4%，跌幅居前，拖累指数表现。 | 多日 1分 5分 15分 30分 60分 日 | 周 | 月 更多 | F9 盘前盘后 叠加 九转 画线 工具 ◎ ② | 09:42 价 0.898 涨跌 -0.012(-1.32%) 均价 0.903 成交量 902 IOPV 0.8973 | 2025/12/16 | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 0.923 | | | | | | | | | 國 | 0.921 | 1.1696 | 洋目元 | 实时申购陵回信息 | | | | | K 线图 | | | | | | | | | 0.918 | 0.9396 ...

Core Viewpoint - The article discusses the upcoming investment opportunities and risks in the A-share market as the year-end approaches, highlighting the significance of fundamental factors and policy directions for the next year [3][4]. Group 1: Cross-Year Market Logic and Historical Review - The A-share market exhibits seasonal characteristics, with a "cross-year market" being a notable investment window, showing over 70% probability of gains from November to January since 2010, with an average increase of 11.5% for the Shanghai Composite Index and 14.9% for the ChiNext Index during this period [5][6]. - The cross-year market typically lasts about 44 trading days, with historical data indicating varying performance based on previous year's market conditions [6][7]. - Factors contributing to this phenomenon include increased bank credit issuance at year-end, which enhances market liquidity, and positive signals from key policy meetings that boost market expectations [7][8]. Group 2: Special Background for 2024-2025 Cross-Year Market - The current macroeconomic environment presents unique conditions for the upcoming cross-year market, particularly with a moderate internal economic recovery and anticipated liquidity improvements from the Federal Reserve's interest rate cuts [13][14]. - The Federal Reserve has cut rates by 75 basis points throughout the year, signaling a potential end to the rate-cutting cycle, which may ease pressure on the RMB exchange rate [15][17]. - As the first year of the "14th Five-Year Plan," there is heightened policy expectation focusing on technological innovation and new productivity, which may lead to early market movements and increased volatility [17]. Group 3: Investment Opportunities Selection - The article suggests a positive outlook for the new year, emphasizing that internal economic recovery, policy support, and valuation corrections provide a solid foundation for A-shares [18]. - Recommended investment themes include the AI industry, globally competitive high-end manufacturing, and industries benefiting from supply-side optimization [18][20]. - Specific ETFs are highlighted for investment, such as those focusing on AI trends, advantageous manufacturing, and sectors experiencing supply-side improvements, providing efficient tools for investors to participate in the cross-year market [21][26][29].

或由于美联储如期降息，利好有色金属板块，12月11日，揽尽有色金属行业龙头的有色龙头ETF （159876）场内价格盘中涨逾1.3%，现涨0.77%，值得关注的是，截至发稿，该ETF获资金实时净申购 2880万份，深交所数据显示，此前3日该ETF狂揽1.04亿元，反映资金看好板块后市，积极进场布局！ 值得一提的是，截至12月10日，有色龙头ETF（159876）最新规模8.05亿元，在全市场3只跟踪同标的 指数的ETF产品中，是规模最大的ETF。 细分方向来看，黄金股表现活跃，山金国际领涨超9%，赤峰黄金涨逾3%，中金黄金涨超2%；直接配 套低轨卫星组网需求，专注空间太阳能电池用锗晶片建设项目，国内锗产业链最完整、产销量第一的云 南锗业涨近9%。权重股紫金矿业涨近3%，洛阳钼业、山东黄金涨逾1%。 资金为何积极抢筹有色金属板块？或可从三个维度进行分析： 1、宏观层面，美联储宣布降息25个基点，鲍威尔表示，预计未来不会有人将加息作为主要预期。中信 建投证券指出，只要美联储仍处于降息通道（未来仍有进一步降息预期），有色金属价格仍有上涨动 力。 2、产业层面，铝电池核心技术取得突破！铝行业高景气有望延续。中原证券指 ...

有色金属板块，如今成为了资金偏爱的"香饽饽"。 截至昨日（12月10日），揽尽有色金属行业龙头的有色龙头ETF（159876）近3日连续吸金1.04亿元， 拉长时间来看，近20日累计吸金2.94亿元，反映资金看好有色金属板块后市表现，积极进场抢筹！ 数据显示，截至12月10日，有色龙头ETF（159876）最新规模8.05亿元，在全市场3只跟踪同标的指数 的ETF产品中，是规模最大的ETF。 资金为何借道ETF，积极布局有色金属板块？ 1、宏观层面，美联储如期降息，或推升有色金属价格 北京时间周四凌晨03：00，美联储宣布降息25个基点，将联邦基金利率目标区间降至3.50%-3.75%，符 合市场"鹰派降息"预期。决议公布后，现货黄金短线拉升20美元。这是美联储连续第三次会议宣布降 息，全年的累计降息幅度达75个基点。 值得关注的是，鲍威尔表示，预计未来不会有人将加息作为主要预期。中信建投证券指出，只要美联储 仍处于降息通道（未来仍有进一步降息预期），有色金属价格仍有上涨动力。 业内人士指出，美联储降息，通常导致美元走弱，从而支撑以美元计价的有色金属价格。 2、产业层面，铝电池核心技术取得突破！铝行业高景气有 ...

| | 恒生科技ETF | 0.731 | | --- | --- | --- | | 513010 | 恒生科技ETF易方达 | 0.762 | | | 港股通创新药ETF | 1.718 | | 159740 159570 | | | ETF涨幅榜上，近期铜价上涨，带动了有色金属板块今日反弹，多只有色相关ETF今日上午涨幅超1%。其中，工业有色ETF（560860）半日涨幅近2.5%，领 涨整个ETF市场。 | 代码 | 名称 | 涨幅 (%) | 现价 | 换手(9 | | --- | --- | --- | --- | --- | | 560860 | 工业有色ETF | 2.48 | 1.447 | 2.05 | | 516650 | 有色金属ETF基金 | 1.41 | 1.728 | 3.93 | | 159881 | 有色60ETF | 1.37 | 1.696 | 3.48 | | 512400 | 有色金属ETF | 1.33 | 1.754 | 2.15 | | 159652 | 有色50ETF | 1.33 | 1.527 | 1.89 | | 159876 | 有色龙头ETF | 1 ...

>>>>> ETF早知道 >>>>> ETF早知道 ETF早知道 <<<< >>>>> FEFR 2025 国际早知道 Dec 2 ETFEFR设 <<<< 市场温度计 >>>>> 中长期信号 · 投资看温度 ETFOFD --- 75% --- 75% + 75% -- + 25% + 25% -- + 25% ETF 早知道 1.25% 0.65% 1.31% ← ↑ T <<<< 上证指数 深证成指 创业板指 注:温度计水提条由对应指数的近十年市盈率分位数表示,总值为100%。数据来源:lFind,截至 2025.12.1, 上证指数、深证成指、创业板指的近十年市盈率分位数分别为91.86%、77.58%、35.79% e 0 e ETFOFA 6 板块热力图 ETFERS <<<< 短期轮动走向 · 观九宫热力值 +2.85% +2.81% +1.58% 电子 有色金厘 通信 ETFEFR +1.41% +1.35% +0.03% 非银金融 商贸零售 社会服务 -0.06% -0.23% -0.43% 房地产 农林牧渔 环保 数据来源:iFind,截至2025.12.1,以申万一级行业区分,分别列出当 ...

Core Insights - The non-ferrous metal sector is experiencing strong performance, with the China Securities Nonferrous Metals Index rising by 2.58% as of December 1 [1] - Leading stocks in the sector include Jiangxi Copper, which surged by 7.88%, followed by Silver and Yunnan Tin, which increased by 7.32% and 7.18% respectively [1] - The Nonferrous Metal ETF (159876) also saw a price increase of 2.49%, with a trading volume of 34.44 million yuan [1] Industry Performance - The non-ferrous metal sector is entering a new upward cycle, driven by macroeconomic expectations and supply chain disruptions due to tariffs and resource control policies [1][3] - The anticipated recovery in macro expectations from the Geneva Agreement between China and the U.S. is expected to further boost non-ferrous metal prices and industry performance [1][3] Investment Strategy - A diversified investment approach through the Nonferrous Metal ETF (159876) is recommended to capture the overall sector's performance while mitigating risks associated with individual metal investments [3] - The ETF covers a wide range of metals including copper, aluminum, gold, rare earths, and lithium, making it suitable for inclusion in investment portfolios [3] Future Outlook - The upward trend in non-ferrous metal prices and corporate profitability is expected to continue into 2026, supported by ongoing macroeconomic factors [1][3] - Structural demand for copper is anticipated to grow due to the transition to renewable energy and increased demand from data centers, despite some downward pressure on traditional copper consumption [3]

Group 1 - Non-ferrous metal concept stocks have strengthened, with Luoyang Molybdenum rising over 6%, Zijin Mining up over 5%, and Northern Rare Earth increasing over 3% [1] - Mining and non-ferrous related ETFs have risen approximately 3% due to market influences [1] Group 2 - Several mining and non-ferrous metal ETFs reported the following price changes: - Mining ETF 561330: Current price 1.753, up 0.052 (3.06%) - Mining ETF 159690: Current price 1.792, up 0.052 (2.99%) - Non-ferrous 50 ETF 159652: Current price 1.531, up 0.043 (2.89%) - Non-ferrous metal ETF 512400: Current price 1.754, up 0.050 (2.93%) - Non-ferrous metal ETF fund 516650: Current price 1.728, up 0.048 (2.86%) - Non-ferrous 60 ETF 159881: Current price 1.702, up 0.047 (2.84%) - Non-ferrous metal ETF 159871: Current price 1.779, up 0.048 (2.77%) - Non-ferrous leader ETF 159876: Current price 0.909, up 0.024 (2.71%) [2] Group 3 - Brokerages indicate that in the fourth quarter, copper and cobalt prices are expected to continue rising due to supply tightness, while lithium prices will benefit from unexpectedly high energy storage demand. Although precious metal prices have experienced fluctuations, the overall bullish outlook remains unchanged [2] - With the backdrop of loose liquidity and countries strengthening their efforts to secure key resources, the investment enthusiasm for non-ferrous and other bulk commodities is expected to continue [2]

>>>>> ETF早知道 >>>>> ETF早知道 ETFEF知道 WP bao <<<< >>>>> HDF 2025 目早知道 Dec ETFOFRE « « « « » « 市场温度计 >>>>> 中长期信号 · 投资看温度 ETFOHD -- > 75% --- 75% + 75% -- + 25% -+ 25% -- > 25% ETF 早死漫 0.34% 0.85% 0.70% <<<< ← ↑ ← 上证指数 深证成指 创业板指 注:温度计水银条由对应指数的近十年市盈率分位数表示,总值为100%。数据来源:iFind,截至 2025.11.28，上证指数、深证成指、创业板指的近十年市盈率分位数分别为91.4%、76.26%、34.77% ETFOHA e 0 2 6 板块热力图 ETFERSE <<<< 短期轮动走向·观九宫热力值 +1.59% +1.59% +1.46% 农林牧渔 钢铁 商贸零售 TFE 9 +1.44% +1.41% +0.12% 机械设备 有色金属 運信 -0.83% +0.07% -0.14% 煤炭 银行 美容护理 数据来源:iFind,截至2025.11.28,以申万一级 ...