Incredible momentum! Today (January 27), Huabao Nonferrous Metals ETF (159876) continued its active performance against the broader market trend, with its on-exchange price currently up 1.12%, aiming for a seventh consecutive daily gain and hitting another record high! Within just under an hour after the market opened, real-time turnover reached 194 million yuan, indicating fervent trading activity.
Capital is accelerating its accumulation! As of the time of writing, Huabao Nonferrous Metals ETF (159876) has seen a net real-time subscription inflow of 142 million shares. Extending the view, over the past 20 days, it has attracted a massive 1.028 billion yuan in net inflows! Data shows that as of January 26, the ETF's latest net asset value reached 2.16 billion yuan, setting a new historical record!
Regarding constituent stocks, Silver & Gold Corp. (Baiyin YousE) hit its sixth consecutive limit-up, surging 77% over six days; Hunan Gold (Hunan Huangjin) opened at the daily limit-up price and held it, marking its second consecutive limit-up; Zijin Mining Group rose over 7%, Western Region Gold (Xibu Huangjin) gained more than 6%, while Zhongjin Gold (Zhongjin Huangjin), Huafon Aluminium (Huafeng Lvye), Xingye Silver Tin (Xingye Yinxi), and Hunan Silver & Gold (Hunan Baiyin) all advanced over 4%. Other stocks like Tongling Nonferrous Metals Group (Tongling YousE) and Hengbang Shares (Hengbang Gufen) also followed with gains.
In the gold sector, prices retreated after an initial surge but remained firmly above $5,000 per ounce. On the news front, on January 26, the Shanghai Futures Exchange issued a notice adjusting the price fluctuation limits and trading margin requirements for futures contracts related to silver, tin, copper, and others. The SHFE has recently implemented multiple risk control measures on related commodities, sending a clear message to the market of its determination to crack down on违规 activities. Notably, the U.S. government faces another potential "shutdown." Last year's government shutdown forced hundreds of thousands of federal employees into furlough without pay, semi-paralyzed the U.S. aviation system, and put tens of millions of citizens at risk of losing food assistance, severely impacting normal life and commercial activities. Huawei Futures noted that multiple countries are accelerating the divestment of U.S. Treasuries in favor of purchasing gold. This move directly reflects concerns over U.S. fiscal deficits and policy uncertainty, signaling that international long-term capital is beginning to reprice the safety of U.S. debt, which is a long-term positive for precious metals. In the rare earths sector, former President Trump is making moves in the rare earth supply chain! He acquired a 10% stake in a U.S. rare earth company, whose stock price surged over 7%. SDIC Securities points out that recent sustained price increases in rare earths benefit the profit margins of rare earth smelting enterprises. They anticipate that supply will be rigidly constrained by the official "white list" and quota system until 2026, while domestic and international demand is expected to grow steadily, potentially initiating a new inventory replenishment cycle. They are optimistic about rare earth prices in 2026. Looking ahead at the nonferrous metals sector, SDIC Securities indicates that multiple varieties, including gold, silver, tin, and lithium, have continued to hit record highs, and market pricing for a comprehensive bull market in nonferrous metals is still underway. Currently, the valuation repair in the sector still lags behind the commodity price increases, suggesting investors should pay attention to the earnings elasticity in segments like precious metals, industrial metals, and strategic metals. They maintain a medium to long-term positive outlook on metals including gold, silver, copper, aluminum, tin, rare earths, lithium, tantalum, niobium, antimony, and uranium. While the overall market sentiment is bullish on the nonferrous metals sector's prospects, Orient Jincheng cautions that short-term risks related to speculative capital taking profits should be monitored, as volatility may increase. Huatai Securities recommends a moderate allocation to the nonferrous metals sector—around 10%-20% of one's fund portfolio—to capture the upside potential while also diversifying risk. [The Nonferrous Metals Trend is Here, the 'Super Cycle' is Unstoppable] Huabao Nonferrous Metals ETF (159876) and its feeder fund (Class A: 017140, Class C: 017141) track an index that comprehensively covers sectors including copper, aluminum, gold, rare earths, and lithium, spanning different cyclical phases such as precious metals (safe-haven), strategic metals (growth), and industrial metals (recovery). This full-category coverage allows for better capture of the sector's overall beta movements.
Risk Warning: Huabao Nonferrous Metals ETF and its feeder fund passively track the CSI Nonferrous Metals Index. The base date for this index is December 31, 2013, and it was published on July 13, 2015. The index's performance over the past five full calendar years is: 2020, +35.84%; 2021, +35.89%; 2022, -19.22%; 2023, -10.43%; 2024, +2.96%. The index's constituent stocks are adjusted according to its compilation rules, and its past performance does not indicate future results. The mention of index constituents herein is for illustrative purposes only; individual stock descriptions are not investment advice of any form and do not represent the holdings or trading动向 of any fund managed by the management company. The fund manager assesses this fund's risk level as R3-Medium Risk, suitable for investors with a Balanced (C3) or higher risk profile. Suitability matching opinions should be based on the sales institution's assessment. Any information appearing in this article is for reference only, and investors are solely responsible for their independent investment decisions. Furthermore, any views, analysis, or forecasts herein do not constitute investment advice to readers, and no liability is accepted for any direct or indirect losses arising from the use of this content. Fund investment carries risks; past performance of a fund does not guarantee future results, and the performance of other funds managed by the same manager does not constitute a guarantee of this fund's performance. Invest with caution.
MACD golden cross signals have formed, and these stocks are performing well!
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