海外科技周报：美股调整择机做多，中国资产可高看一眼

Investment Rating - The report does not provide a specific investment rating for the industry [2] Core Insights - The report highlights that the recent geopolitical developments, particularly Trump's statements regarding nuclear disarmament, have led to market concerns about uranium supply, resulting in a decline in uranium prices. However, it is believed that the market's reaction may be overblown, as the likelihood of large-scale nuclear disarmament is low in the current global political landscape. The long-term supply-demand dynamics for natural uranium remain unchanged, indicating a continued shortage [4][15] - Cameco's Q4 2024 performance showed a production increase of 33% year-on-year, with an average selling price of $58.34 per pound, up 17% year-on-year. The company expects a slight reduction in uranium production for 2025 [17] Summary by Sections Section 1: Market Performance - The Chinese technology sector continued its upward trend, with the Hang Seng Tech Index rising by 6.0% during the week [7] - The top five gainers in the technology sector included Huahong Semiconductor (+57%), Weishi Jiajie (+35%), and Supermicro (+17%) [9] Section 2: Web3 and Cryptocurrency Market - The total market capitalization of cryptocurrencies increased to $3.24 trillion, up from $3.20 trillion the previous week [20] - The cryptocurrency market sentiment is currently neutral, with a fear and greed index of 43 [22] - The report notes significant outflows from cryptocurrency ETFs, totaling $553 million for the week [26] Section 3: Important Events - Upcoming earnings reports include Nvidia on February 26 and NUSCALE POWER on February 27 [19] - The report mentions the impact of recent events, including the FTX repayment to customers and security breaches at Bybit, which have contributed to market volatility [30]