传媒互联网周报：AI模型升级、谷物经济火热，看好AI应用与IP谷物行业机会

Investment Rating - The report maintains an "Outperform" rating for the media and internet sector [5][4][3]. Core Views - The report highlights the continuous upgrade of AI multimodal models and the booming "Guzi" economy, indicating strong investment opportunities in AI applications and the IP Guzi industry [2][55]. - The media sector has shown resilience, with a 3.57% increase in the industry index, outperforming both the CSI 300 and the ChiNext Index [16][17]. - The report emphasizes the potential for recovery in the gaming and film sectors, with specific recommendations for companies like Kayi Network and Wanda Film [55][58]. Summary by Sections Industry Performance Review - The media sector rose by 3.57% from November 22 to November 29, outperforming the CSI 300 (-1.82%) and the ChiNext Index (-1.85%) [16][17]. - Notable gainers included Guobo Co., Huali Technology, and Shengyibao, while Lan Sheng Co. and ST Wenti saw significant declines [16][17]. Key Focus Areas - The report notes significant advancements in AI, including the upgrade of AutoGLM and the internal testing of Kimi's AI video generation feature [2][20]. - ChatGPT has surpassed 200 million users two years post-launch, indicating a growing trend in AI applications [20]. Industry Data Updates - The film box office for the week of November 25 to December 1 reached 486 million yuan, with "Good Things" leading at 229.71 million yuan [21][24]. - The gaming sector's top revenue generators in October 2024 were identified as DotDot Interactive's "Whiteout Survival," Tencent's "PUBG MOBILE," and miHoYo's "Genshin Impact" [34][37]. Investment Recommendations - The report suggests focusing on AI applications and the IP Guzi industry, with a long-term view on recovery in market conditions [55][58]. - Specific stock recommendations include Kayi Network, Giant Network, and content providers like Light Media and Huace Film [55][58].