A-share evening hotspots | Ministry of Industry and Information Technology speaks out! To enlarge and strengthen the artificial intelligence industry.

The following is the main content of the evening news: 1. Ministry of Industry and Information Technology: Will work from both supply and demand sides to expand and strengthen the artificial intelligence industry Importance: Recently, the National High-tech Zone Artificial Intelligence Industry Collaborative Innovation Network Launch Conference and Work Promotion Meeting was held at the Beijing Centergate Technologies National Independent Innovation Demonstration Zone Exhibition Center. Zhao Chaofan, Deputy Director of the Science and Technology Department of the Ministry of Industry and Information Technology, pointed out that the Ministry of Industry and Information Technology will work from both supply and demand sides to expand and strengthen the artificial intelligence industry, support artificial intelligence empowerment applications, especially enabling new industrialization, and accelerate the high-quality development of the artificial intelligence industry. 2. 6G Promotion Group Leader: Will initiate 6G technology standard research in June next year Importance: At the 2024 Global 6G Development Conference held in Shanghai, CCTV News interviewed the leader of China's 6G Promotion Group, Wang Zhiqin. Wang Zhiqin told reporters that for the future vision of 6G, she hopes to surpass traditional communication and achieve a convergence network that includes perception, data, and AI computing. Currently, including China, the 3GPP standard partners in Europe, the United States, Japan, South Korea, and India are jointly developing 6G standards. The research on 6G technology standards will be initiated in June 2025, the technical research phase will be completed from 2025 to 2027, and the first version of technical specifications will be completed in March 2029. When asked about the impact of 6G technology on people's daily lives, Wang Zhiqin stated that 6G will transition from the Internet of Things to the Intelligence of Things. 3. US reportedly requests TSMC to implement export restrictions on 7nm AI chips, Ministry of Commerce responds Importance: The Ministry of Commerce held a routine press conference on November 14. The US reportedly requested TSMC to implement export restrictions on 7nm AI chips. Ministry of Commerce spokesperson He Yongqian stated that China has taken note of the situation. Semiconductors are a typical representative field of global industrial division of labor cooperation. The US approach will seriously harm the interests of all parties and hinder global technological exchanges and economic cooperation. 4. Hang Seng Technology Index re-enters a "technical bear market" with two positive signals behind it Importance: Data shows that with another significant decline in the Hong Kong stock market on November 14, the Hang Seng Technology Index has fallen more than 20% from its high in October, re-entering a "technical bear market." In fact, despite recent adjustments in the main Hong Kong indexes, there has still been a decent increase since the low point in September. For example, the Hang Seng Technology Index is currently up 26.88% from its low point in September this year. 5. Huaan: There is no market turning point risk, waiting for expectations of macro policies to rise again Importance: Huaan stated that the short-term market may enter a period of calm, relative to the previous market's exuberance. However, calm does not mean cooling down. From a medium-term perspective, the market still has support: 1. The previous policy effects are gradually showing, and the economic fundamentals have improved, with October PMI and high-frequency data showing marginal improvement. 2. Macro policies continue to be implemented, including debt conversion, real estate tax reduction, and improvement in financial data. 3. Market expectations for next year's economic situation and macro policy intensity are expected to gradually increase, with a high probability of a boost in market risk appetite before the Central Economic Work Conference. The key to the market's resurgence is to focus on the improvement in expectations for macro policies. 6. Mining giant Zijin Mining Group sues the Colombian government for losing 3.2 tons of gold? According to The Wall Street Journal, the Zijin Mining Group's gold mine in Colombia was taken over by the drug trafficking group "Gulf Cartel" for a length of 30 miles (48.3 kilometers) of mine shafts. Due to the inability to stop the invasion of approximately 2,000 illegal miners, Zijin Mining Group lost 3.2 tons of gold last year, valued at $200 million (approximately RMB 1.5 billion). This represents 38% of the total production of the mine. On Thursday, Zijin Mining Group on the Hong Kong Stock Exchange fluctuated and closed down 3.74% to 14.42 Hong Kong dollars, with a total market value of 383.253 billion Hong Kong dollars. In addition, the following news is also noteworthy: 7. The strongest Mate ever, Huawei Mate 70 series will debut on November 26. 8. "10 days, 10 boards," Nanfang Black Sesame Group traps tens of thousands of retail investors and well-known institutional investors, with doubts about the Foshan faction calling on listed companies to help repay its debts. 9. National Healthcare Security Administration issues new guidelines: Strengthen the application of artificial intelligence technology in the rehabilitation field. 10. Gold prices drop, sales of jewelry gold and investment gold are hot! Industry insiders: Investment needs to be cautious. 1. Biden and Trump met at the White House for 2 hours, what did they talk about? US President-elect Trump returned to Washington and met with President Biden on Wednesday, November 13th, with the two shaking hands and promising a smooth transition of power in January. "Mr. President-elect, former President Donald, congratulations," Biden said first. "Welcome, welcome back," Trump responded. After shaking hands, Trump told Biden that he appreciated the smooth transition at the White House. "You're welcome," Biden responded. 2. Full collapse! Japanese stock market and foreign exchange market suffered a "double kill", what happened? The Japanese stock market and foreign exchange market suffered a "double kill". On November 14th, the yen continued to weaken against the US dollar, falling below the 156 level, the lowest point since July this year. At the same time, the Japanese stock market continued to decline, with the Nikkei 225 index falling by 0.48% to 38535.7 points at the close, recording three consecutive declines, with a cumulative drop of 2.4% this week. The main reason for the recent devaluation of the yen can be traced to external factors. After Trump won the US election, US Treasury yields continued to soar, putting pressure on the yen. 3. Is it time to cool down the "Trump Trade"?Hedge fund big shot: American stocks won't soar to the sky.Since Trump won the US election, the US stock market has rebounded significantly. Nelson Peltz, CEO of hedge fund company Trian Partners and billionaire investor, is confident in the incoming Trump administration, but he believes that the stock market's rebound will not continue. Peltz said in an interview on Wednesday that investors are getting caught up in speculation and the market will gradually cool down. Market watchers have identified investment opportunities in low-altitude economy, education, real estate, and other sectors of interest. 1. Eight state-owned enterprises join forces! The establishment of the Low Altitude Economy Innovation Consortium, the industry welcomes heavy catalysis. According to China Aerospace Science and Industry Group, the Low Altitude Economy Innovation Consortium was established on November 13 in Zhuhai. The consortium is led by China Aerospace Science and Industry Group, with Aerospace Hi-Tech Holding Group, China Aero Engine, China Telecom Corporation, China Mobile Limited, China Star Network, Commercial Aircraft Corporation of China, and China Aviation Electronics as part of the consortium. China Great Wall reported on November 11 that with the frequent issuance of low-altitude economy policies in China, related industries are expected to continue to benefit. On one hand, with the technical upgrade of 5G-A, costs of connectivity and economy are expected to be reduced, and application scenarios will be expanded further; on the other hand, with the continuous implementation of national low-altitude economy policies, aerospace companies, automotive manufacturers, and emerging technology companies are continuously entering the market, and the market for flying cars is expected to continue to grow, to increase the market share of the domestic eVTOL market, and to continue to be bullish on investment opportunities in related industry chains. In addition, other sectors worth noting include: 2. Education|China has built the world's largest vocational education system, with nearly 35 million students in vocational schools. 3. Real Estate|Buyer confidence is returning, with over 10,000 new home signings in October, and the Guangzhou property market is heating up. On a positive note, Western Region Gold shareholders intend to increase their holdings in the company; on the negative side, Daqian Ecology & Environment Group has risks to consider from its continuous upward trend.