The China Securities Segment Nonferrous Metals Industry Thematic Index declined. According to Pacific Securities analysis, expectations of the Fed's interest rate hike will put some pressure on copper prices. The current copper market environment is similar to the second half of 2023. If subsequent smelters passively cut production under profit pressure, there is an opportunity for copper prices to break through rapidly upward. From a valuation perspective, the latest price-earnings ratio of the China Securities Segmented Nonferrous Metals Industry Theme Index is about 14 times, which is at an all-time low, so you can pay attention when it falls. Nonferrous Metals ETF Huaxia closely tracks the China Securities Segment Nonferrous Metals Industry Thematic Index. The index focuses on industrial metals such as gold, copper and aluminum, small metals such as rare earths, tungsten and molybdenum, and energy metals such as lithium and cobalt. The AI wave superimposes the expansion of demand for non-ferrous metals such as copper and aluminum. The supply-side incremental growth is limited, and the non-ferrous metals sector is expected to directly benefit from the mismatch between supply and demand.

The China Securities Segment Nonferrous Metals Industry Thematic Index declined. According to Pacific Securities analysis, expectations of the Fed's interest rate hike will put some pressure on copper prices. The current copper market environment is similar to the second half of 2023. If subsequent smelters passively cut production under profit pressure, there is an opportunity for copper prices to break through rapidly upward. From a valuation perspective, the latest price-earnings ratio of the China Securities Segmented Nonferrous Metals Industry Theme Index is about 14 times, which is at an all-time low, so you can pay attention when it falls. Nonferrous Metals ETF Huaxia closely tracks the China Securities Segment Nonferrous Metals Industry Thematic Index. The index focuses on industrial metals such as gold, copper and aluminum, small metals such as rare earths, tungsten and molybdenum, and energy metals such as lithium and cobalt. The AI wave superimposes the expansion of demand for non-ferrous metals such as copper and aluminum. The supply-side incremental growth is limited, and the non-ferrous metals sector is expected to directly benefit from the mismatch between supply and demand.