近20个交易日累计“吸金”20.3亿元，聚焦游戏ETF（159869）布局通道

Group 1 - The gaming sector opened lower on November 4 but saw a narrowing decline, with the gaming ETF (159869) dropping by 1.48%, indicating overall low sentiment in the sector [1] - As of November 3, the gaming ETF (159869) has seen a net inflow of funds amounting to 2.03 billion yuan over the past 20 trading days, reflecting strong investor interest, with the product's scale reaching 11.339 billion yuan [1] - The performance of the gaming industry in the media sector was strong in the third quarter reports, contrasting with the mixed results from major US tech companies like Microsoft, Google, and Meta, which showed discrepancies in revenue generation and business development [1] Group 2 - The gaming sector is experiencing multiple catalysts for transformation, including AI, content, and commercialization model changes, with the gaming ETF (159869) tracking the performance of A-share listed companies in the animation and gaming industry [2] - There is a divergence in market sentiment regarding AI technology, with some investors optimistic about technological iteration while others express concerns about valuation bubbles [1] - The valuation of leading tech companies has not shown significant premiums, and investments in the industry are expected to be in a mid-term phase, with AI infrastructure still lacking and downstream applications beginning to emerge [1]