【导读】游戏板块持续活跃，港股老铺黄金股价破1000港元，再创新高 中国基金报记者 晨曦 大家好！来一起关注上午的市场行情和最新资讯 ～ 6 月最后一个交易日， A 股震荡走高。截至午间收盘，上证指数涨 0.2% ，深证成指涨 0.54% ，创业板指涨 0.93% 。 | 港股 美股 全球 富金 商品三 Ａ股 | | | --- | --- | | 内地股票 | | | 行情 资金净流入 涨跌分布 | | | 上证指数 深证成指 | 北证50 | | 3431.18 10434.48 1438.12 | | | +6.95 +0.20% +55.93 +0.54% -1.51 -0.10% | | | 科创50 创业板指 万得全A | | | 999.66 2144.06 5295.64 | | | +11.45 +1.16% +19.72 +0.93% +27.47 +0.52% | | | 沪深300 | 中证500 | 中证A500 | | --- | --- | --- | | 3922.29 | 5899.36 | 4615.46 | | +0.53 | | | | 中证1000 | 深证100 | ...

6月版号数量创近年新高，共158款游戏获批。国产版号来看，巨人网络《无尽修仙》、电魂网络《爆爆军团》、恺英网络《斗罗大陆：魂师大 作战》、三七互娱《骑士与大龙》、莉莉丝游戏《帕萌战斗日记》、ST华通《逐鹿玛法》、冰川网络《最后小队》、汤姆猫《汤姆猫小 镇》、ST中青宝《宠物精灵王》等在列；进口版号方面，腾讯《穿越火线：虹》及《战术小队：破晓攻势》、网易《无主星渊》、金山《鹅 鸭杀》等在列。 巨人网络旗下游戏《太空杀》6月27日上线AI原生玩法"残局对决"，《太空杀》作为拥有2 亿用户的社交推理游戏，已推出多个AI原生玩法， 累计数百万玩家参与，对局总量达到数千万，此次升级不仅推动玩法维度升级，也进一步巩固其在"AI原生游戏玩法"领域的标杆地位。 华西证券认为，版号常态化发放印证监管对行业健康发展的持续支持，供给端改善为市场注入新动能。政策稳定性显著提升国内厂商研发与发 行规划的可预期性，推动资源向精品化、长线化方向倾斜；进口版号同步扩容，彰显包容创新态度。 游戏板块具备AI、内容、商业化模式变革多点催化，游戏ETF（159869）跟踪中证动漫游戏指数，反映动漫游戏产业A股上市公司股票的整体 表现，可以关注游戏 ...

Market Overview - The A-share market saw all three major indices rise in the morning session, with the Shanghai Composite Index up 0.2%, the Shenzhen Component Index up 0.54%, and the ChiNext Index up 0.93% [1] - The total market turnover reached 932.6 billion yuan, a decrease of 81.1 billion yuan compared to the previous day, with over 3,500 stocks rising [1] Sector Performance - The gaming, military, brain-computer interface, and photolithography concept stocks led the gains, while the banking, securities, and dairy sectors experienced declines [3] - Notable stocks in the military sector included Hengyu Xintong (300965), Chenxi Aviation (300581), and Zhongbing Hongjian (000519), all of which hit the daily limit [3] - The gaming sector saw significant increases with Kaiying Network (002517) and Giant Network (002558) both reaching the daily limit [3] - Photolithography concept stocks were active, with Blue Eagle Equipment (300293) hitting the daily limit, along with Kaimete Gas (002549) and Zhongci Electronics (003031) [3] - The innovative drug sector rebounded, with Zhaoyan New Drug (603127) also hitting the daily limit [3] - The banking and securities sectors faced early declines, with Guosheng Jinkong (002670) dropping over 5% [3] Hot Stocks - The strongest sectors included new energy vehicles, military, and specialized innovative companies, with multiple stocks hitting daily limits [8][9][10] - In the new energy vehicle sector, 16 stocks reached the daily limit, with the highest consecutive limit being 9 days [8] - The military sector had 14 stocks hitting the daily limit, with the highest consecutive limit also being 9 days [9] - The specialized innovative sector had 13 stocks hitting the daily limit, with a maximum of 3 consecutive limits [10] Sector Insights - The military equipment sector is expected to benefit from increasing global military trade demand and domestic military modernization efforts, potentially leading to a dual boost in fundamentals and industry valuations [12] - The gaming sector is supported by a record number of game approvals, indicating regulatory support for healthy industry development [13] - The brain-computer interface sector is gaining attention due to advancements from Neuralink, with significant usage data reported from trial participants [14] - The digital currency sector is poised for growth as Hong Kong aims to enhance cross-border payment efficiency through stablecoins, with new regulations set to take effect [15]

Group 1 - The China Securities Media Index (399971) has seen a strong increase of 2.34%, with notable gains from stocks such as Kyeing Network (002517) up 10.03%, Giant Network (002558) up 9.39%, and G-bits (603444) up 6.19% [1] - The Media ETF (159805) rose by 2.48%, with the latest price reported at 1.2 yuan [1] - In May, the total revenue of the Chinese gaming market reached 28.051 billion yuan, indicating a clear positive trend in the industry fundamentals [1] Group 2 - The China Securities Media Index tracks 50 large-cap listed companies from sectors including marketing and advertising, cultural entertainment, and digital media [2] - As of May 30, 2025, the top ten weighted stocks in the index accounted for 48.11% of the total index, with companies like Focus Media (002027) and Giant Network (002558) among the leaders [2]

游戏板块涨超3%，游戏ETF华泰柏瑞(516770)涨幅为3.43%，最新价创5日新高，成交额1529.8万元，较 昨日此时放量148.07%，近1月份额增加1500万份。 打包市场龙头，抢反弹就买指数ETF>> ...

扫码关注 星标不迷路 风险提示： 消费者偏好变化，游戏产品上线进度低于预期等。 报告来源 以上内容节选自国泰海通证券已发布的证券研究报告。 报告名称： 6月游戏版号数量创2025年新高，新游密集上线 报告日期：2025.06.28 报告作者： 陈筱 （分析师），登记编号： S 0880515040003 赵旖旎 ( 研究助理 ) ，登记编号：S 0880125042251 报告导读： 6 月游戏版号发布 147 个国产和 11 个进口游戏，数量创 2025 年新高，本 次版号发放覆盖多家重点游戏厂商，在数量与品质上均呈现回暖态势；新游密集上线， 5 月中国游戏市场总收入达 280.51 亿元，产业基本面向好趋势明确。 本周传媒（申万）指数上涨 3.06% ，位居 31 个行业第 18 名，强于沪深 300 （上涨 1.95% ）、上证 指数（上涨 1.91% ）、上证中小（上涨 2.49% ），弱于深证成指（上涨 3.73% ）、创业板指（上涨 5.69% ）。细分板块龙头景气持续，建议布局垂直细分领域业绩有望持续高增的投资机会。 6 月游戏版号发布 147 个国产和 11 个进口游戏，数量创今年新高。 本次 ...

分析师：刘 芳 登记编号：S0890524100002 01 重要事件回顾 ——中东局势按下停止键 1、中东局势按下停止键。美国总统特朗普于美国东部时间6月23日在社交媒体上表示， 以色列和伊朗已就"全面彻底停火"达成一致。伊朗和以色列24日均表示接受停火。尽管 此前美国轰炸伊朗核设施，但冲突并未进一步升级，而是在特朗普声称破坏伊朗核设施 后迅速转向挺火。 分析师：郝一凡 登记编号：S0890524080002 2、6月24-25日，美联储主席鲍威尔在众议院发表半年度货币政策证词。重申不急于降 息，强调高关税带来很大的不确定性，指出美国经济很强劲，在不确定形势下有理由缓 慢行动，同时提到了可能推动降息的一些因素。 3、6月27日，美财长贝森特暗示，关税谈判期有望延后至9月1日。贝森特表示，如果能 和18个重要贸易伙伴中的10个或12个签署，后面还有20个重要贸易伙伴，他认为可能在 9月1日美国劳动节前完成贸易协议。 总体来看，中东冲突已经"翻篇"，且美国贸易谈判期有望延后，短期内市场不确定性减 弱。国内市场预计仍相对偏稳健。 (6.23-6.29) 02 周度行情回顾 债市震荡为主 权益市场表现较好叠加季末因 ...

Core Viewpoint - HaiMa Cloud Technology Co., Ltd. has submitted its listing application to the Hong Kong Stock Exchange, with CICC and China Merchants International as joint sponsors [1]. Company Overview - HaiMa Cloud is the largest GPU as a Service (GPUaaS) provider for real-time cloud rendering services in China's cloud gaming sector, holding a market share of 17.9% based on projected 2024 revenues [3]. - The company offers real-time cloud rendering services and related solutions to various industries, including gaming, digital entertainment, digital tourism, and digital education, supported by self-developed integrated platform software and infrastructure hardware [3][4]. Business Strategy - The company implements a "1+1+N" strategy, which includes a core technology base (GPU-based computing infrastructure and platform software), a core application scenario (cloud gaming), and a variety of expanding application scenarios [3]. Client Base and Services - HaiMa Cloud serves a diverse client base, including digital content operators, gaming platforms, game developers, and mobile hardware manufacturers, allowing them to integrate proprietary SDKs and APIs into their products [4]. - The company's platform supports over 28,000 games, including major titles released on various devices [5]. Financial Performance - The company reported revenues of approximately RMB 290 million, RMB 337 million, and RMB 520 million for the fiscal years 2022, 2023, and 2024, respectively [5][6]. - The total comprehensive loss for the same periods was approximately RMB 246 million, RMB 218 million, and RMB 186 million [5][6]. - Gross profit margins improved from 21.2% in 2022 to 24.9% in 2024, indicating a positive trend in profitability [6].

Core Points - Riot Games has made the difficult decision to cancel the development of the sandbox game "Hytale" and will gradually close Hypixel Studios in the coming months [1][5][20] - The founder of Hypixel Studios, Noxy, stated that after years of effort and exploration, the team realized they could not deliver "Hytale" in a way that fulfilled their promises to players [3][5] - The complexity of the project increased over time due to the team's technical ambitions, leading to a situation where the game was not progressing as needed despite a major engine overhaul [5][18] Company Overview - Hypixel Studios was founded by a group that initially operated a server group within "Minecraft" and later developed "Hytale" with funding from Riot Games [12][14] - The game was first announced in December 2018, receiving over 31 million views on its teaser trailer within a month, and was fully acquired by Riot Games in April 2020 [14][20] - The project faced multiple delays due to the evolving vision and increasing standards, with a significant engine redevelopment announced in July 2022 [18][20] Community Impact - The cancellation of "Hytale" has led to disappointment among players who viewed it as a potential successor to "Minecraft" [8][22] - Community reactions have been overwhelmingly negative, reflecting a sense of loss and frustration over the long wait for the game [9][22] - Despite the cancellation, there are indications that the IP may be considered for repurchase by the founder, Simon, and interest from independent game publishers [20][22]

以下文章来源于正面连接 ，作者Luna 正面连接 . 面对复杂 金碧辉煌，9个三层的巨型水晶吊灯照亮了1500平米的会场。尖叫声和欢呼声突然爆发，王琨大步走上舞台，一身蓝紫色中山装，白色运动鞋，他站在舞台 中央，脸占满了身后4米高的大屏。 家长们的焦虑，收割者的狂欢。 文 ｜ Luna 来源｜ 正面连接（ID： zmconnect） 封面来源 ｜ francesco ciccolella "全世界没有一个国家的孩子像中国的孩子一样，玩游戏玩这么痴迷的……100年前别人都说我们中国人是东亚病夫，就是因为鸦片，100年以后的今天，人 们躺在床上玩手机的姿势，跟那一模一样。" 骂游戏是一场盛大的进军，王琨是里面的佼佼者。他在全网拥有上千万粉丝，多次在视频中反对游戏，包括上面那段话。这个队伍的背后，跟随着一大批中 国家长。他们的共通点之一是，孩子都玩游戏。 这些家长被宽慰，被贬低，被诱惑，也主动成为链条里的一环。机构提出的希望令他们无法拒绝："还您一个好孩子"。但代价是，过程中的每一步都意味着 付费和收割—— 令家长热血沸腾的线下宣讲会，入场券1000元；帮你与孩子交友的"卧底"老师，普通款12980元，督导款199 ...