Intensive operational activities combined with the winter break continue to drive the revenue of top games higher, and the gaming industry may continue to remain in a high prosperity state.

On February 9th midday trading, the A-share online gaming sector remained active, with the Gaming ETF (159869) rising strongly, currently up 2.73% during the session. Among the holdings, Perfect World hit the daily limit, Guomai Culture rose over 6%, and ZQTech, Shunwang Technology, and Aofei Entertainment led the gains; as of February 6th, the Gaming ETF (159869) had a scale of 13.632 billion yuan.

In terms of news, Perfect World significantly boosted market confidence due to the enthusiastic response to the third test of “异环” (Yihuan). Additionally, Xindong’s “Xindong Town” international server will officially launch on February 14th, featuring a My Little Pony IP collaboration; GigaNetwork’s “Supernatural Action Group” launched the “Fubao” pet system and a luck leaderboard on February 7th; G-bits’ “九牧之野” (Jiumu’s Wilderness) also started Season 2 “Destroy the City and Break the Formation” on February 7th. CICC Securities believes that intensive operational activities combined with winter and Spring Festival holidays may continue to drive the revenue of already launched top games higher. The cycle of major new releases continues, and under the resonance of supply and demand, the high prosperity of the gaming industry may persist.

The gaming sector benefits from multiple catalysts such as AI, content, and business model transformations. The Gaming ETF (159869) tracks the China Securities Index of Animation and Gaming, with the highest AI application content in the market, accurately reflecting the overall performance of the A-share animation and gaming industry. Currently, the gaming sector is experiencing a multi-faceted boom driven by favorable policies, product cycles, and AI empowerment, which may present a window for strategic layout in the gaming track.

Daily Economic News