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Core Viewpoint - Public funds are increasingly investing in the digital entertainment sector, which combines consumer recovery and AI technology, making it a favored area for fund managers in the Hong Kong market [2][5]. Group 1: Fund Activities - On January 23, 2026, Fuqua Fund Management increased its stake in Meitu Inc. by acquiring 5.829 million shares at an average price of 8.2899 HKD per share, totaling approximately 48.32 million HKD, raising its ownership to 5.11% [3]. - By the end of 2025, eight funds had included Meitu Inc. in their top ten holdings, indicating a growing interest in digital entertainment stocks among public funds [3]. - The trend of public funds acquiring stocks is driven by the favorable development trends of the sector, with a focus on stable growth companies [4]. Group 2: Market Performance - The digital entertainment sector has shown strong market performance, with stocks like Bilibili rising nearly 40% at the start of 2026, reaching a market capitalization of over 110 billion HKD [6]. - Other digital entertainment companies such as Dama Entertainment and Red Child City Technology are also attracting attention from major public funds [6]. Group 3: Investment Outlook - The digital entertainment sector is viewed as a promising area for investment due to its dual characteristics of consumer stock and AI technology integration, appealing to fund managers' needs for both defensive and offensive strategies [5][7]. - Fund managers are optimistic about the long-term growth and realization potential of the digital entertainment sector, particularly with the anticipated advancements in AI applications [7][8].