通信周跟踪：海南商发首发成功，智谱发布全新Agent家族

Investment Rating - The report maintains an "A" rating for the communication sector, indicating a positive outlook for the industry [2]. Core Insights - The successful launch of the Hainan commercial spaceport and the Long March 12 rocket marks a significant milestone in China's commercial space capabilities, enhancing satellite internet deployment and stimulating market investment enthusiasm [20][21]. - The introduction of the Agent family by Zhipu is expected to drive demand for computing power and expand AI infrastructure investments, with 2025 projected as a pivotal year for the mass deployment of these technologies [22]. Summary by Sections 1. Market Overview - The overall market showed an upward trend during the week of November 25-29, 2024, with the STAR Market index rising by 3.92%, and the communication sector index increasing by 0.85% [26]. 2. Sector Performance - The top-performing sectors included the Internet of Things (+9.9%), satellite communication (+7.4%), and industrial internet (+5.8%) [26][30]. 3. Key Developments - The Hainan commercial spaceport's launch capabilities are projected to add over 300 satellites annually, significantly enhancing China's satellite internet infrastructure [21]. - The Long March 12 rocket, with its cost-effective launch capabilities, is expected to alleviate the bottleneck in low-cost rocket availability for satellite internet development [21]. 4. Company Focus - Recommended companies for investment include those in data center infrastructure, optical modules, hollow fiber, and satellite internet sectors, such as Oulu Tong, Megmeet, and Shanghai Hanyun [25]. 5. International Trends - SpaceX successfully launched 23 Starlink satellites, furthering global internet coverage and connectivity [49]. - Nokia secured a new agreement with Deutsche Telekom to deploy over 3,000 Open RAN sites in Germany, enhancing network performance and customer experience [49].