Nebius Group N.V.(US:NBIS)2025-08-12 03:39Market Overview - The Hang Seng Index closed at 24,906.81 points, up 0.19% for the day and up 24.16% year-to-date[6] - The total trading volume decreased by 2.8% to HKD 200.9 billion[8] - The US Dow Jones Index fell by 0.45% to 43,975 points, while the S&P 500 and Nasdaq dropped by 0.25% and 0.3% respectively[8] Company Performance - Kang Shifu Holdings reported a mid-term profit of RMB 2.271 billion, a year-on-year increase of 20.46%[8] - Yuanyuan Group's mid-term profit attributable to shareholders was USD 171 million, down 7.16% year-on-year[8] - Tianqi Lithium Industries saw a stock increase of 18.2%, while Ganfeng Lithium rose by 20.9%[8] Economic Indicators - The automotive sales in China dropped nearly 11% month-on-month last month according to the China Association of Automobile Manufacturers[3] - The US two-year bond yield is currently at 3.7643%, down 12.07 basis points over the past month[23] Technical Analysis - The Hang Seng Index is currently lacking direction, with the market awaiting significant news, particularly regarding US-China trade negotiations[10] - Short-term index movements are expected to remain within the range of the 10-day and 20-day moving averages[10] Investment Recommendations - Nebius (NBIS.US) is highlighted for its strong growth potential in AI infrastructure, with a recommendation to buy at USD 65 and a target price of USD 75[14] - Tencent Holdings (700.HK) has a suggested buy price of HKD 480 and a target price of HKD 550, with a current price of HKD 554[12]