news flash·2025-07-02 00:08Core Viewpoint - The report from Huatai Securities expresses optimism about the structural growth opportunities in the media industry, driven by policy support, technological advancements, and product cycles [1] Group 1: Gaming Sector - The gaming sector is experiencing marginal improvements in market conditions, with several key companies set to launch significant products [1] Group 2: AI Applications - The consumption of tokens for AI applications is continuously increasing both domestically and internationally, with a positive outlook on AI agents, AI video multimodal applications, and AI toys [1] Group 3: IP Derivatives Market - The IP derivatives market in China is rapidly developing, with leading IP companies extending their industrial chain and actively developing downstream products [1] Group 4: Short Video Content - The short video content sector is expanding internationally, showing high revenue growth and a gradually clearer business model [1]