The gaming sector may welcome a dual catalyst of sentiment and performance, with the largest gaming ETF by index scale, ChinaAMC (159869), currently up nearly 2.5%
I'm LongbridgeAI, I can summarize articles.On June 1st, the gaming sector showed strong performance at midday, with the ChinaAMC Gaming ETF (159869) rising nearly 2.5%. Securities firms such as CITIC and Huatai pointed out that the normalization of license issuance, cost reduction and efficiency improvement through AI technology, and the growth of overseas revenue are driving both industry sentiment and performance. The National Press and Publication Administration has newly approved 146 games, and the advancement of multimodal technology is accelerating its application. Against the backdrop of low valuations, the gaming sector has mid-term layout value, and it is recommended to pay attention to investment opportunities brought by policies, product cycles, and AI empowerment
On June 1st, the gaming sector maintained its strength at midday, with the largest gaming ETF, Huaxia (159869), rising nearly 2.5%. Among the holdings, Baotong Technology and Shifeng Culture led with gains exceeding 5%, while Xinghui Entertainment, Guomai Culture, and Dihun Network all rose over 4%, indicating strong overall sentiment in the sector.
CITIC Securities emphasized in its TMT industry strategy for May 2026 that "the policy environment for the gaming industry continues to improve, with the normalization of license issuance and the accelerated implementation of AI-generated content (AIGC) in areas such as art, storyline, and localization, which is expected to drive improvements in R&D efficiency and cost structure." Huatai Securities simultaneously pointed out that "in Q1 2026, the overseas revenue share of key gaming companies rose to 42.3%, with strengthened resilience in overseas expansion, coupled with the upcoming domestic summer season and esports events, the sector may experience dual catalysts in sentiment and performance."
Guosen Securities noted that in 2026, the iteration speed of AI applications among major companies is accelerating, with AI applications deeply integrating into workflows from single-point tools, leading the industry into an ecological development stage, and competition among Agent platforms is intensifying. The National Press and Publication Administration announced a new batch of approval information for domestic online games, with a total of 146 games receiving licenses, continuously enriching the supply of industry products. Advances in multimodal technology are accelerating cost reduction and efficiency improvement in fields such as AI comics and games, with AI video achieving significant progress in industrial-level applications in film and television. Meanwhile, the rhythm of game license issuance continued in April and May, with a dense release of new IP trendy products, sustaining the industry's prosperity. Against a backdrop of low valuations and crowding, the gaming sector has good mid-term layout value.
The gaming sector has multiple catalysts from AI, content, and commercialization model transformations. The gaming ETF Huaxia (159869) tracks the CSI Dynamic Gaming Index, leading the market in AI application content and accurately covering the overall performance of the A-share animation and gaming industry. Currently, the gaming sector is experiencing a surge of multiple catalysts from favorable policies, product cycles, and AI empowerment, which may provide a window for focusing on gaming track layouts