Group 1 - The gaming sector experienced a volatile correction on November 7, with the gaming ETF (159869) dropping nearly 2% during intraday trading, while stocks like 37 Interactive Entertainment, Xunyou Technology, and others saw significant declines [1] - As of November 6, the gaming ETF (159869) had a product scale of 11.306 billion yuan, facilitating investors' access to leading A-share gaming companies [1] - The media industry showed signs of recovery in Q3, with the gaming sector being a key driver due to remarkable net profit growth from several companies, including Century Huatong surpassing 10 billion yuan in revenue [1] Group 2 - Perfect World demonstrated strong revenue and profit growth, indicating a robust turnaround and validating its "gaming + film and television" dual-driven growth strategy [1] - According to GF Securities, the A-share gaming sector experienced high growth in Q3, with actual sales revenue in China's gaming market reaching 88.026 billion yuan in Q3 2025, a quarter-on-quarter increase of 6.96% and a year-on-year decrease of 4.08% [1] - A-share gaming revenue growth year-on-year reached 29.98%, while profit growth surged by 106.16%, indicating accelerated performance and ongoing cost reduction and efficiency improvements [1]