9月15日，A股小幅震荡，上一交易日创出年内新高的有色板块首度回调，截至14:17，有色 50ETF(159652)跌0.52%，转跌区间场内溢价同步走阔，成交额同步放大，资金坚定重手增仓！ 截至发稿，有色50ETF(159652)盘中已获净申购6700万份，按盘中成交均价估算，净申购金额已超8900 万元！近20日，有色50ETF(159652)获资金净申购达7.2亿元，最新规模超14亿元，同指数ETF规模断层 领先！ | 1.329 -0.007 -0.52% | | | | 有色50ETF 159652 | ਕੇ | | --- | --- | --- | --- | --- | --- | | SZSE CNY 14:17:54 交易中 | | | | | 104 | | 净值走势 | 汇添富中证细分有色金属 | | रेस | 55.80% 120日 | 38.44% | | 委比 | -8.95% 委差 | -4480 | 5日 | 3.18% 250日 | 68.87% | | 卖五 | 1.335 | 303 | 20日 | 15.06% 52周高 | 1.35 | | 卖四 | 1.333 ...

Core Viewpoint - The article emphasizes the strong potential for the non-ferrous metals sector, driven by new demand from various industries and a tightening supply, which is expected to enhance profitability for companies in this sector [4][5]. Group 1: Demand and Supply Dynamics - The "anti-involution" trend is anticipated to accelerate the clearing of excess capacity, thereby restoring profits for non-ferrous enterprises [4]. - New demand drivers include sectors such as renewable energy, infrastructure, artificial intelligence, and robotics, which are increasing the demand for metals [4]. - The global economy is gradually recovering, and the depreciation of the US dollar is supporting non-ferrous metal prices [4]. Group 2: Performance Expectations - Eight companies in the sector are expected to report significant profit growth, with some projecting increases in net profit by as much as 42% [5]. - The non-ferrous 50 ETF index is projected to see a substantial increase in net profit, with some companies expected to grow their profits by 18-20 times by 2025 [5]. Group 3: Valuation Insights - The index valuation stands at 19.61 times earnings, which is at the 35th percentile, indicating that it is relatively undervalued with a clear upward trend [7]. - The cost-effectiveness of investments in this sector is becoming more pronounced, suggesting a favorable entry point for investors [8]. Group 4: Index Composition - The non-ferrous 50 ETF index includes major players such as Zijin Mining (15.8% weight), Northern Rare Earth (5.0% weight), and China Aluminum (4.4% weight), covering a broad spectrum of non-ferrous metals including gold, copper, aluminum, and rare earths [10]. - The index has a copper content of over 31%, which is higher than similar non-ferrous metal indices, indicating a strong focus on copper-related investments [11].

Group 1 - The China Securities Subdivision Nonferrous Metals Industry Theme Index (000811) has seen a strong increase of 2.15%, with constituent stocks such as Zijin Mining (601899) rising by 5.44% and Chifeng Jilong Gold Mining (600988) by 5.16% [1] - The Nonferrous 50 ETF (159652) has also increased by 2.08%, with a latest price of 0.93 yuan, and has accumulated a rise of 2.35% over the past month [1] - The trading volume for the Nonferrous 50 ETF was 5.77% with a transaction value of 15.1285 million yuan, and the average daily transaction value over the past year was 20.6154 million yuan [1] Group 2 - The London spot gold price has risen, breaking through $3,310 per ounce, currently reported at $3,314 per ounce, influenced by a weak US dollar and escalating international geopolitical tensions [4] - Moody's has downgraded the US government's credit rating from Aaa to Aa1, ending a 106-year streak of maintaining the highest rating, which has led to a significant increase in US Treasury yields [4] - Long-term factors such as high US debt and deficit rates, potential re-inflation risks, complex global geopolitical situations, and gold purchases by multiple central banks are expected to support gold prices [4] Group 3 - There is a recommendation to focus on leading scale companies and the Nonferrous 50 ETF (159652) for those optimistic about the recovery of precious metals and industrial metal cycles [5] - The suggestion includes investing in off-market connections (Class A: 019164; Class C: 019165) to capture the economic recovery and interest rate easing expectations [5]

4月14日 ，现货黄金再创新高，有色板块猛攻！有色50ETF(159652)上涨2.82%，一度涨超3%， 冲击5连涨。 4月14日盘中，现货黄金持续拉升，突破前高并将历史高位刷新至3245.45美元/盎司。 有色50ETF(159652)标的指数成分股中，湖南黄金10cm涨停，兴业银锡、洛阳钼业、赤峰黄金涨超5%，北方铜业、山金国际等涨超4%，紫金矿 业、中金黄金等涨超3%，中国铝业、华友钴业等涨幅居前。 若看好未来贵金属及大宗工业金属周期回归，建议关注规模领先、"金铜含量"更高的有色50ETF（159652）和场外联接(A类：019164；C类： 019165)，一键把握经济复苏和降息预期回暖行情！ 风险提示：基金有风险，投资需谨慎。投资人应当阅读《基金合同》《招募说明书》《产品资料概要》等法律文件，了解基金的风险收益特征， 特别是特有风险，并根据自身投资目的、投资经验、资产状况等判断是否和自身风险承受能力相适应。基金管理人承诺以诚实信用、谨慎尽责的 原则管理和运用基金资产，但不保证基金一定盈利或本金不受损失。有色50ETF属于中等风险等级（R3）产品，适合经客户风险承受等级测评后 结果为平衡型（C3）及 ...