China Merchants CSI Nonferrous Metal Mining ETF

Ganfeng Lithium Secures Orders Through H1 2027, Capacity Fully Booked, Plans 50% Output Increase Next Year

BlackRock Reduces Stake in Shandong Gold from 6.39% to 5.46%

Citi Maintains Buy Rating on CMOC with HK$29.3 Target; Copper Output Unaffected by Sulfur Price Hike

CITIC Asset Management Reduces China Aluminum Stake by 12.63 Million Shares on May 15, Raising About 134 Million HKD

Baillie Gifford sells 2.6 million shares of Ganfeng Lithium for approx 201 million HKD

Zijin Longxing Delivers First Batch of Electric Dump Trucks to Julong Copper Mine, Achieving Commercialization

China's April Rare Earth Exports Up 35.1%, Alumina Exports Surge 96.6%

HSBC Maintains Buy Rating on CMOC, Sets Target Price at 25.30 HKD

Schroders increases stake in Shandong Gold by 2.6 million shares to 5.03%

Zijin Mining to Hold Annual General Meeting on June 5, Proposes Dividend of 3.8 CNY per 10 Shares

HSBC Research Releases H-Share Copper Report: Zijin, CITIC, and Meiliyun Get Buy Ratings

Baillie Gifford Reduces Holding in Ganfeng Lithium by 2.4971 million Shares

Zijin Mining Reports Significant Q1 2026 Growth

Resources sector rises collectively, oil and mining ETFs perform strongly

JPMorgan Cuts Stake in CMOC by 2.139 Million Shares

CHINALCO Authorizes Repurchase of Up to 10% of A Shares and H Shares

UBS Raises Lithium Price Forecast by 18% for 2026

Ganfeng Lithium Achieves Full Production, Chinese Enterprises Succeed in Global Lithium Resource Industry

Huayou Cobalt plans to acquire Atlantic Lithium Limited for $210 million

159690

The non-ferrous metal market is facing a supply crisis, with aluminum inventories dropping to a 55-year low. Citigroup expects aluminum prices to rise to USD 4,000 per ton. Indonesia has suspended mining licenses for over 50 mining companies, leading to a contraction in nickel supply. The China Merchants Nonferrous Metal Mining ETF (159690), due to its concentrated investment in upstream resources, is expected to benefit from rising metal prices, resulting in a dual increase in profits and valuations

同壁财经

Citigroup

Maiyue Tech

CITIGROUP INC 6.250 NON CUM SER II PFD WI

Aluminum inventory at a 55-year low + contraction in Indonesian nickel ore supply! The nonferrous metal mining ETF (159690) welcomes catalysts, Citigroup sees aluminum prices reaching $4,000!

159163

561330

Geopolitical tensions are easing, bringing favorable conditions for the non-ferrous mining sector. The Guotai mining ETF (561330) rose over 1.6% during intraday trading on April 20. Dongfang Securities pointed out that although the ongoing geopolitical tensions will exacerbate short-term volatility in non-ferrous metals, signs of overall easing are gradually emerging. Market pricing for non-ferrous metals will increasingly anchor on the Federal Reserve's policy path and the supply and demand of various commodities. Against the backdrop of the domestic spot market's peak season, downstream companies' willingness to take delivery continues, and copper and aluminum inventories are being reduced, indicating a gradual recovery in demand. The Guotai mining ETF tracks the non-ferrous mining index, focusing on upstream companies with mineral resources

腾讯新闻 - 财经

Taikang CSI Nonferrous Metal Mining ETF

Guotai CSI Non-Ferrous Metal Kuangye Theme ETF

DFZQ

As geopolitical tensions ease, the non-ferrous mining sector welcomes favorable conditions, with the Guotai mining ETF (561330) rising over 1.6% during trading

03993

603993

601600

512400

159880

560860

159157

516650

159881

159652

Trump claims the war against Iran is "over," and the non-ferrous metal ETF Tianhong (159157) saw a net subscription of over 70 million shares during the session, with a transaction amount reaching 150 million yuan, valued at more than 61% lower than the past decade. This ETF tracks the Industrial Non-Ferrous Index, with the top five constituent stocks including CMOC and CHALCO. Recently, the ETF has attracted capital for 41 consecutive trading days, with a net inflow of 4.304 billion yuan, setting a new record in scale. The non-ferrous metal concept in the market has declined, with related constituent stocks generally falling

CMOC

CHALCO

Hwabao WP CSI Non-ferrous Metal ETF

Yinhua CSI Non-ferrous Metal ETF

China Southern CSI SWS Non-Ferrous Metal ETF

Penghua Guozheng Non-ferrous Metal Industry ETF

Wanjia CSI Industry Non-Ferrous Metal Theme ETF

Tianhong CSI Industrial Non-ferrous Metal ETF

ChinaAMC CSI Subdivision Non-ferrous Metal Sub-Industry ETF

Guotai CSI Non-ferrous Metal ETF

China Universal CSI Subdivision Non-Ferrous Metal Industry Theme ETF

GF CSI Rare Metals Theme ETF

CHINATUNGSTEN HIGHTECH

NANSHAN ALUMINIUM

Yunnan Aluminium

CNRE

Accendra Health

Southern Copper

Trump claims the war between the U.S. and Iran is "over," the non-ferrous metal ETF Tianhong (159157) saw a net subscription of over 70 million shares during the session, with a transaction amount reaching 150 million yuan, and its valuation is lower than over 61% of the time in the past decade

000819

细分有色

The A-share non-ferrous metal industry showed strong performance in the 2025 annual report, with over 70% of companies experiencing year-on-year net profit growth, and 92.86% of enterprises forecasting positive results in the first quarter of 2026. Analysts believe that the increase in demand for industrial products is the main factor, as PPI data has continued to rise since October 2025, driving up non-ferrous metal prices. Changes in the supply and demand structure have also affected industry performance, with the strong performance of small metals such as rare earths, tungsten, and antimony being seen as a result of strategic reassessment rather than short-term speculation

Non-ferrous Metal

SWSC

Over 70% of companies in the A-share non-ferrous metal sector saw an increase in net profit last year, with a positive forecast rate exceeding 90% in the first quarter

The Middle East conflict has disrupted the global aluminum supply chain, with global aluminum inventory remaining at only 9 days, the lowest level in 20 years. A JP Morgan report pointed out that aluminum smelters in Abu Dhabi and Bahrain were attacked, and it is expected that aluminum production in the Middle East will decline by 36% year-on-year by 2026, resulting in a loss of about 2.4 million tons, marking the first year-on-year contraction in global aluminum production. Other regions will find it difficult to fill this gap in the short term

JPMorgan Chase

JPMORGAN CHASE & CO. 4.20% DEP SHS REPSTG 1/400TH PFD SER MM

JPMORGAN CHASE & CO. 6%NON CUM DEP SHS REP 1/400TH PFD SER EE

JPMORGAN CHASE & CO. DEP REP 1/400TH (5.75% NON CUM PFD DD)

JPMORGAN CHASE & CO. 4.625% DEP SH RE 1/400TH INT NO CU PF LL

JPMorgan Chase & Co.

JPMORGAN CHASE & CO. 4.55% DEP SHS REPSTG 1/400TH PFD SER JJ

JPMORGAN CHASE & CO. 4.75 DEP SHS REP 1/400 NCUM PFD SR GG

Global aluminum inventory is only: 9 days!

As of April 14, 2026, the Taikang Nonferrous Metal Mining ETF rose by 1.56%, and the CSI Nonferrous Metal Mining Index increased by 1.72%. Among 57 listed companies in the nonferrous sector, 73.68% achieved year-on-year net profit growth. Aluminum prices rose due to the situation in the Middle East, with LME aluminum prices reaching a four-year high. Guohai Securities pointed out that the expectation of production cuts in the aluminum industry remains in the short term, while the long-term supply increase is limited, and there are growth points in demand, indicating that the industry's high prosperity is expected to continue

The performance of the non-ferrous sector is impressive, with the Taikang Nonferrous Metal Mining ETF rising over 1%. The expectation of production cuts strengthens, and the high prosperity of the aluminum industry is expected to continue

82824

RING

On April 8th, the Invesco Great Wall Non-ferrous Metal ETF (560290) rose by 5.61%, influenced by the positive news of a two-week ceasefire agreement between the U.S. and Iran. Component stocks such as CMOC and ZHONGJIN GOLD rose over 8%, while CHIFENG GOLD increased by more than 7%. Huatai Securities is optimistic about the oversold rebound opportunities in the non-ferrous metal sector, believing that gold prices typically rebound quickly after the end of geopolitical conflicts, and the fundamentals supporting industrial metals remain intact. It is an opportune time to invest in the non-ferrous metal sector

EFUND GOLD MI-R

Microsectors Gold Miners 3x Leveraged ETN

CHIFENG GOLD

VanEck Gold Miners ETF

Sprott GLD Miners Etf

SD-GOLD

iShares MSCI Global Gold Miners

Abrdn Gold ETF Trust

Kinross Gold

iShares Gold Trust

EFUND GOLD MI ETF

Agnico Eagle Mines

SPDR Gold Minishares

Us Gbl GLD & Met

ZHONGJIN GOLD

Newmont

GLOBAL X Gold Explorers

Invesco Great Wall CSI Nonferrous Metal Mining ETF

Direxion Daily Gold Miners Bull 2X

Roundhill Gold Miners Weeklypay ETF

The US and Iran "ceasefire for two weeks," the Invesco (560290) non-ferrous metal ETF rises nearly 5%!

300非周

000969

On March 26, the Tianhong CSI Industrial Non-ferrous Metal ETF (159157) saw a net subscription of over 52 million units, becoming the top fund of its kind in the Shenzhen market. Despite the decline in the non-ferrous metal sector, the fund continued to experience inflows, with a cumulative net inflow of 4.845 billion yuan over the past 30 days, bringing its total size to 5.067 billion yuan, a new high since its listing. This ETF focuses on industrial non-ferrous metals, and its current valuation is at a near ten-year low, providing a cost-performance advantage. The rebound in domestic manufacturing PMI and the recovery of industrial production activities support metal demand

AT&M

Continuous capital allocation! The non-ferrous metal ETF Tianhong (159157) had a net subscription of over 50 million units yesterday, ranking first among the same category in the Shenzhen market, presenting a configuration opportunity as valuations adjust at low levels

On March 25th, the mining ETF Guotai (561330) surged over 4% during trading. Western Securities pointed out that the supply and demand for industrial metals is improving, and the National Development and Reform Commission's encouragement of large aluminum oxide companies to merge and restructure will promote industry consolidation and improve the market supply-demand imbalance. The financial attributes of copper are worth noting, and the prices of strategic metals may rise. The mining ETF Guotai tracks the non-ferrous metal mining index, with a growth rate of 106.11% by 2025, ranking first in the non-ferrous sector. Investors should be cautious and understand the risks and return characteristics of the fund

The Guotai Mining ETF (561330) surged over 4% during the trading session, as the supply and demand for industrial metals improved. Pay attention to the allocation value of the Guotai Mining ETF (561330) with "mines at home."

SLVP

As of March 25, 2026, the Non-ferrous ETF Taikang (159163) once rose over 4% during the session and is currently up 2.51%. The CSI Non-ferrous Metal Mining Theme Index (931892) increased by 2.46%, with constituent stocks such as CHIFENG GOLD and Yunnan Zhenye showing significant gains. Easing geopolitical risks and falling oil prices have driven a rebound in gold and silver. CITIC Securities pointed out that there is ample momentum for the rise in non-ferrous metal prices and recommended paying attention to the allocation value of precious metals and industrial metals sectors

iShares MSCI Global Silver Miners

Pro Ultr GLD

The non-ferrous ETF Taikang rose over 4% at its peak during the session, as geopolitical risks eased, leading to a significant rebound in the non-ferrous sector

China Merchants CSI Nonferrous Metal Mining ETF(159690.SZ)

Aluminum inventory at a 55-year low + contraction in Indonesian nickel ore supply! The nonferrous metal mining ETF (159690) welcomes catalysts, Citigroup sees aluminum prices reaching $4,000!

As geopolitical tensions ease, the non-ferrous mining sector welcomes favorable conditions, with the Guotai mining ETF (561330) rising over 1.6% during trading

Trump claims the war between the U.S. and Iran is "over," the non-ferrous metal ETF Tianhong (159157) saw a net subscription of over 70 million shares during the session, with a transaction amount reaching 150 million yuan, and its valuation is lower than over 61% of the time in the past decade

Over 70% of companies in the A-share non-ferrous metal sector saw an increase in net profit last year, with a positive forecast rate exceeding 90% in the first quarter

Global aluminum inventory is only: 9 days!