TENCENT(HK:00700) Mei Ri Jing Ji Xin Wen·2025-11-18 02:28Group 1 - The gaming sector experienced a morning surge on November 18, with the gaming ETF (159869) rising over 1%, indicating a positive market sentiment towards leading A-share gaming companies [1] - As of November 17, the gaming ETF (159869) had a product scale of 11.242 billion yuan, facilitating investors' access to top gaming stocks in the A-share market [1] - Tencent reported its Q3 2025 earnings on November 13, with total revenue from its online gaming business reaching 63.6 billion yuan, driven by a 43% year-on-year increase in international market revenue, which surpassed 20.8 billion yuan for the first time [1] Group 2 - According to a report from China International Capital Corporation (CICC), the gaming industry is entering a new content cycle supported by favorable policies, which is expected to accelerate the development of the cultural industry [1] - The 15th Five-Year Plan emphasizes the importance of cultural prosperity as a hallmark of Chinese modernization, advocating for a conducive cultural ecosystem and enhanced original content creation across various cultural sectors [1] - The gaming industry has demonstrated its potential during the policy-friendly period, with a noticeable recovery in supply-side dynamics and an increase in content richness, contributing to the resilience of gaming companies' fundamentals [1]