A股游戏概念股盘初走强，三七互娱发布第三季度财报，游戏ETF（159869）现涨超3%

Core Viewpoint - The gaming sector shows resilience with strong performance from leading companies, supported by favorable market conditions and growth in the gaming ETF. Group 1: Market Performance - On November 3, the three major indices opened lower, with the Shanghai Composite Index down 0.02%, the Shenzhen Component down 0.1%, and the ChiNext Index down 0.26% [1] - Gaming concept stocks showed strength at the market open, with 37 Interactive Entertainment hitting the daily limit, and other companies like Xinghui Entertainment, Kaiying Network, and Kunlun Wanwei also rising [1] - The gaming ETF (159869) rose over 3%, with a product scale reaching 11.168 billion yuan as of October 31, allowing investors to easily invest in leading A-share gaming companies [1] Group 2: Company Performance - 37 Interactive Entertainment reported its Q3 2025 results on October 28, achieving revenue of 12.461 billion yuan and a net profit of 2.345 billion yuan for the first nine months, marking a year-on-year growth of 23.57% [1] - In Q3 alone, the company generated revenue of 3.975 billion yuan and a net profit of 944 million yuan, reflecting a year-on-year growth of 49.24% [1] Group 3: Industry Insights - According to the recent report by Gamma Data, the actual sales revenue of China's gaming market for Q3 2025 was 88.026 billion yuan, showing a quarter-on-quarter growth of 6.96% but a year-on-year decline of 4.08% [1] - The performance metrics exceeded market expectations, indicating strong resilience in the Chinese gaming market, with certain leading companies demonstrating stable performance amidst overall industry stability [1] Group 4: Investment Opportunities - The gaming sector is catalyzed by multiple factors including AI, content, and commercialization model transformations, making the gaming ETF (159869) an attractive investment opportunity [2]