H 手机 ETF网格策略 ETF网格策略重点关注标的 (1) 游戏ETF（159869.SZ） 据国家新闻出版署统计数据,2025年11月，共 有178款国产网络游戏与6款进口游戏获批,过审游 戏数量再创新高，1月至11月累计发放游戏版号 1624个,已远超去年全年总额,也成为近几年版号 发放数量最多的一年。版号发放的常态化、可预 期，为游戏行业发展提供稳定基础。海外市场方 面,据中新网报道,2025年上半年，中国自主研发 游戏在海外市场的实际销售收入为95.01亿美元，同 比增长11.07%，显示出国产游戏强劲的出海能力。 而从供应端考虑,Al技术在游戏美术、代码、剧情 生成等环节的应用,能够利于降低开发成本、提升 效率，并有望催生玩法创新。 图1: 游戏 ETF(159869.SZ) 网格策略回测收益曲线, 游戏ETF(159869.SZ) R M S S S E S R B B S E E E B B B E E B B B S E F E R W R S E F E R W R S S E F E B B B S E S E S B TF买入持有累计收益率(%) 资料来源:Wind. 华宝证券研究创新 ...

Group 1 - The report outlines a grid trading strategy that capitalizes on price fluctuations rather than predicting market trends, making it suitable for volatile markets [4][13] - Characteristics of suitable grid trading targets include being exchange-traded, having stable long-term trends, low transaction costs, good liquidity, and high volatility, with equity ETFs being particularly appropriate [4][13] Group 2 - The report highlights key ETFs for grid trading, including the Robot ETF (159770.SZ), which is expected to benefit from a confluence of policy support, technological advancements, and increasing demand, projecting a significant growth year in 2025 [4][14] - The Central Enterprise Technology ETF (560170.SH) focuses on state-owned enterprises in core technology sectors, aligning with national strategies for technological self-reliance and modernization [5][17] - The Securities ETF Leader (159993.SZ) indicates growth potential for leading brokerage firms, supported by improved market conditions and ongoing capital market reforms, with a reported 62.48% year-on-year increase in net profit for the sector [6][20] - The Hong Kong Central Enterprise Dividend ETF (513910.SH) emphasizes high dividend yields, which are expected to gain traction in a low-interest-rate environment, supported by government policies promoting shareholder returns [7][23]