Ceasefire between the U.S. and Iran! The Tianhong (159157) Non-Ferrous Metal ETF's underlying index surged over 4% during the session, with the current valuation being lower than over 60% of the time in the past decade

After the ceasefire between the U.S. and Iran, the Tianhong (159157) non-ferrous metal ETF's underlying index rose 4.07% during intraday trading, with subscription amounts reaching 1 million shares and a transaction volume of 13.6151 million yuan. This ETF has achieved a net inflow of 4.384 billion yuan over the past 36 trading days, with a scale reaching 5.695 billion yuan, setting a new high since its listing. The industrial non-ferrous index has increased by 108.86% over the past year, and its current valuation is at the 37.04th percentile over the past decade, providing a cost-performance advantage. Due to the impact of geopolitical conflicts in the Middle East, aluminum production capacity has been disrupted, while domestic macro data is showing signs of recovery, indicating a strong industry fundamental