基本面改善与估值修复双击，游戏ETF（159869）配置价值凸显

Core Insights - The gaming sector experienced a decline in early trading on November 7, with the gaming ETF (159869) dropping around 0.5% and most constituent stocks showing weakness [1] - As of November 6, the gaming ETF (159869) had a product scale of 11.306 billion yuan, providing investors with a convenient way to invest in leading A-share gaming companies [1] - The unveiling of the new game "Black Myth: Wukong" at the 2025 Wuzhen Summit highlights the strong development momentum of domestic games as one of the "new three samples" of culture [1] Industry Overview - The gaming industry, along with online literature and web dramas, forms a new vehicle for Chinese culture to go global, driven by a dual force of "culture as the soul" and "technology as the wings" [1] - The unique cultural appeal of works like "Black Myth" is rooted in Eastern aesthetics and traditional narratives, while the application of cutting-edge technologies such as AI and NVIDIA DLSS significantly enhances game quality and player experience globally [1] - With accelerated international expansion, deepening technological innovation, and continuous improvement in content quality, the gaming industry is expected to maintain a strong growth trajectory [1] Growth Drivers - The long-term positive outlook for the gaming sector is supported by AI technological innovation, content ecosystem upgrades, and the evolution of commercialization models [1] - The gaming ETF (159869) closely tracks the CSI Animation and Gaming Index, focusing on core assets in the A-share animation and gaming industry, making it a quality tool for investing in the gaming sector's development [1]