On August 12, the China International Capital Corporation (CICC) published a research report, indicating that the commodity market is anticipated to continue demonstrating a divergent trend within its various sectors. Specifically, the demand for copper and aluminum is projected to experience sustained growth, fueled by the expansion of AI data centers, grid infrastructure, and the energy transition. Given the significant constraints on the supply side, non-ferrous metals present a compelling investment rationale, combining enhanced liquidity with the tangible investment opportunities in AI infrastructure. As such, CICC recommends an overweight position in these metals. In contrast, while energy commodities like oil retain their hedging value, the potential for increased volatility in the future suggests that investors should hold their current positions and refrain from chasing price highs.