Core Viewpoint - The recent performance of the Nonferrous Metal Leader ETF (159876) indicates strong investor confidence in the future of the nonferrous metals sector, with significant inflows and price increases observed [1][3]. Group 1: ETF Performance - The Nonferrous Metal Leader ETF (159876) saw a price increase of 1.61% in early trading on November 27, reflecting positive market sentiment [1]. - Over the past 10 days, the ETF has attracted 193 million yuan in investments, indicating strong demand from investors [1]. - As of November 26, the ETF's total assets reached 671 million yuan, making it the largest among three ETFs tracking the same index [1]. Group 2: Stock Performance - Key stocks within the ETF include Guiyan Platinum, which rose over 5%, and several others like Xingye Silver Tin and Tianshan Aluminum, which increased by more than 3% [1]. - Other notable stocks such as Yun Aluminum, China Aluminum, and Zhongfu Industrial also saw gains exceeding 2% [1]. Group 3: Market Outlook - Analysts predict that the nonferrous metals sector is likely to continue its bullish trend, driven by expectations of a Federal Reserve interest rate cut in December [3]. - The anticipated rate cut is expected to boost nonferrous metal prices due to factors such as currency depreciation and increased demand for industrial metals like copper and aluminum [3]. - Key investment themes include industrial metals with constrained supply and recovering demand, energy metals benefiting from battery storage needs, and strategic assets like gold and rare earths [3]. Group 4: Investment Strategy - The Nonferrous Metal Leader ETF and its linked funds provide comprehensive exposure to various metals, including copper, aluminum, gold, and lithium, allowing for risk diversification [4]. - This approach is recommended for investors looking to capture the overall sector's performance rather than focusing on individual metals [4].

Group 1 - The core viewpoint of the news highlights the strong performance of the non-ferrous metal sector, particularly the Non-Ferrous Metal Leader ETF (159876), which saw a peak increase of 2.96% and a current rise of 2.16%, indicating active trading with a transaction volume exceeding 520 million yuan [1] - Technical analysis indicates that the ETF has recovered its 10-day moving average, suggesting that short-term bullish forces are in control, and if this recovery is accompanied by increased trading volume, it signals stronger market confidence [1] - Key constituent stocks such as Xiamen Tungsten, Huayu Mining, and Jiangxi Copper have shown significant gains, with Xiamen Tungsten hitting the daily limit and others rising over 5% [1] Group 2 - Recent U.S. economic data shows that the September CPI was lower than expected, providing solid support for the Federal Reserve to consider further interest rate cuts, which could positively impact non-ferrous metal prices [3] - The relationship between Fed rate cuts and non-ferrous metal prices is explained through three points: rate cuts lead to currency devaluation, making metals cheaper in dollar terms; lower interest rates reduce borrowing costs for companies, boosting demand for industrial metals; and overall, non-ferrous metals are positioned as key players in the current commodity bull market [3] - The outlook for non-ferrous metals is optimistic, driven by long-term capital expenditure cycles and increasing global manufacturing investment, alongside a recovery in domestic macroeconomic conditions [3] Group 3 - The Non-Ferrous Metal Leader ETF (159876) and its linked funds provide a diversified investment approach across various non-ferrous metals, including copper, gold, aluminum, rare earths, and lithium, with respective weightings of 27.6%, 14.5%, 13.1%, 10.4%, and 8.4% [5] - This diversified strategy helps mitigate risks associated with investing in a single metal sector, making it suitable for inclusion in investment portfolios [5]