CITIC Securities Recommends Focusing on Lithium, Copper, Rare Earths for 2026 Allocation

According to CITIC Securities research, metal sector performance diverged in 2025 and early 2026, with tungsten, lithium, lead-zinc and rare earth magnets leading gains, while aluminum, copper, nickel, cobalt, tin, antimony and gold lagged. Current valuations remain reasonable, with aluminum, copper and gold trading at relatively low levels. Some stocks offer dividend yields exceeding 5%. Looking ahead to 2026, CITIC recommends maintaining focus on lithium, copper, rare earths, strategic metals, aluminum and gold for portfolio allocation opportunities.
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