通信行业周报：腾讯ima copilot发布，推荐关注AI应用侧进展

Investment Rating - The report maintains a "Recommended" rating for the telecommunications and electronics industry, considering the sustained high prosperity of the telecommunications sector driven by AI, 5.5G, and satellite communications [3][4]. Core Insights - The overall market performance for the week (November 11-15, 2024) saw a decline in major indices, with the Shanghai Composite Index down 3.52%, the Shenzhen Component Index down 3.70%, and the ChiNext Index down 3.36%. The telecommunications sector, represented by the Shenwan index, experienced a decline of 2.12% [3][13]. - Within the telecommunications sub-sectors, the value-added communication services experienced the smallest decline at 1.22%, while communication engineering and services saw the largest drop at 6.04% [3][16]. - Notable individual stock performances included "Online and Offline" with a rise of 30.59%, followed by Changjiang Communication at 22.84%, and *ST Pengbo at 21.86% [3][19]. Summary by Sections Weekly Market Overview - The telecommunications industry index declined by 2.12% during the week [13]. - The sub-sector of value-added communication services had the lowest decline at 1.22%, while communication engineering and services had the highest decline at 6.04% [16][17]. - The proportion of stocks in the telecommunications sector that rose, fell, or remained flat was 19.69%, 74.02%, and 6.30%, respectively [19]. Industry News - Tencent launched the AI smart workstation "ima," which integrates AI Q&A and content generation capabilities, enhancing user interaction with WeChat articles [3]. - The domestic GPU unicorn "Mole Thread" is set to initiate its IPO process, aiming for the Sci-Tech Innovation Board [22]. - YOLE Group reported significant advancements in China's silicon photonics sector, projecting a compound annual growth rate (CAGR) exceeding 40% [23][25]. - The Ministry of Industry and Information Technology is seeking opinions on the "Interim Measures for Domestic Coordination Management of Satellite Networks" [34]. - China Satcom introduced a satellite internet service package priced at 199 yuan per day, aimed at increasing accessibility to satellite communication [42][43]. - Experts indicated that the research on 6G technology standards will commence in June 2025, with commercial deployment expected around 2030 [44][45]. Key Recommendations - Suggested focus areas include the computing power supply chain and satellite internet [3][4]. - Recommended stocks in the computing sector include Zhongji Xuchuang, Xinyi Sheng, and YJ Technology, while in satellite communications, stocks like Haige Communication and China Telecom are highlighted [4].