--- title: "Last week, the total \"capital absorption\" exceeded 177 million yuan, with the non-ferrous ETF Yinhua (159871) receiving a net subscription of 9.5 million shares in real-time during trading. Institutions: Copper prices are expected to rise in the medium to long term" type: "News" locale: "en" url: "https://longbridge.com/en/news/281818740.md" description: "Last week, the Yinhua CSI Non-ferrous Metal ETF (159871) saw a cumulative net inflow of over 177 million yuan, with a net subscription of 9.5 million shares during the trading session. On April 7th, the CSI Non-ferrous Metal Index rose by 0.62%, and related stocks performed well. Huayuan Securities analysis suggests that copper prices are expected to rise in the medium to long term, as the supply and demand for copper mines may shift towards a shortage. Guotou Securities pointed out that the probability of the Federal Reserve cutting interest rates is low, the impact of oil prices on China is limited, and the demand for new energy is expected to exceed expectations" datetime: "2026-04-07T02:09:10.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/281818740.md) - [en](https://longbridge.com/en/news/281818740.md) - [zh-HK](https://longbridge.com/zh-HK/news/281818740.md) --- # Last week, the total "capital absorption" exceeded 177 million yuan, with the non-ferrous ETF Yinhua (159871) receiving a net subscription of 9.5 million shares in real-time during trading. Institutions: Copper prices are expected to rise in the medium to long term On April 7th, the three major indices rose collectively, with the CSI Non-Ferrous Metal Index up 0.62% as of the time of publication. Among the constituent stocks of this index, Tianshan Aluminum and Zhongkuang Resources rose over 4%, while Huafeng Aluminum, Xiamen Tungsten, and Shenhuo Co., Ltd. also saw gains. In terms of related ETFs, **Yinhua Non-Ferrous ETF (159871) was up 0.50% as of the time of publication, with a trading volume exceeding 15 million yuan and a premium/discount rate of 0.04%, frequently trading at a premium during the session**. Data from the Wind financial terminal shows that this ETF received a real-time net subscription of 9.5 million shares. Regarding capital flows, data from the Wind financial terminal indicates that **Yinhua Non-Ferrous ETF (159871) had a net inflow of 59.8684 million yuan on the last trading day (April 3rd), with a cumulative net inflow exceeding 177 million yuan last week (March 30th - April 3rd)**; as of April 3rd, the latest circulating shares of this ETF were 1.201 billion shares, with a latest circulating scale of 1.196 billion yuan. Among the related ETFs, Yinhua Non-Ferrous ETF (159871) closely tracks the CSI Non-Ferrous Metal Index (930708.CSI), which selects listed companies involved in non-ferrous metal mining, smelting, and processing as samples to reflect the overall performance of related listed companies in the non-ferrous metal sector. **Huayuan Securities** stated that in the medium to long term, insufficient capital expenditure in copper mines and frequent supply-side disturbances may shift the copper supply-demand balance from tight equilibrium to shortage. Coupled with the Federal Reserve entering a rate-cutting cycle, copper prices are expected to rise in the medium to long term. **Guotou Securities** indicated that considering current factors such as the U.S. economy, employment, and mid-term elections, we still believe that the probability of the Federal Reserve raising interest rates is very low, and it may even continue to cut rates within the year. The central price of crude oil may have been elevated, which we believe puts pressure on countries that heavily rely on oil (such as Japan and South Korea), but for China, which has diversified energy supplies, the impact is relatively small and may even catalyze an unexpected surge in demand for new energy. Attention should be paid to the structural market for rare earths and lithium, strategic metals (tungsten, tantalum), aluminum (impacted by Middle Eastern supply), and gold, which have a high proportion of new energy demand. ### Related Stocks - [560860.CN](https://longbridge.com/en/quote/560860.CN.md) - [159652.CN](https://longbridge.com/en/quote/159652.CN.md) - [516650.CN](https://longbridge.com/en/quote/516650.CN.md) - [159871.CN](https://longbridge.com/en/quote/159871.CN.md) ## Related News & Research - [Universal Digital Inc. Announces Termination of ETF Partnership Agreement | LFGMF Stock News](https://longbridge.com/en/news/286616540.md) - [Keep Your Portfolio Safe With This Low-Volatility ETF](https://longbridge.com/en/news/286604877.md) - [The AI Boom Needs Real Assets to Survive. This ETF Lets You Profit From Both.](https://longbridge.com/en/news/286113679.md) - [VanEck, Grayscale file fresh BNB ETF amendments as race for next altcoin spot ETF accelerates](https://longbridge.com/en/news/286652991.md) - [Copper Prices Hit Record High As AI Data Center Boom Fuels Global Supply Crunch, Pushing CPER ETF Higher](https://longbridge.com/en/news/286228249.md)