消息面上，今年上半年，游戏行业重回增长曲线。据中国音数协游戏工委《2024年1-6月中国游戏产业 报告》显示，2025年上半年，中国自主研发游戏海外收入95.01亿美元，同比增长超11%，增速重回 2021年的出海高峰期，领跑全球游戏市场的增量赛道。 华源证券指出，2025年中报披露进入高峰阶段，建议重视中报业绩超预期公司所指引出的产业发展方 向，及短期交易弹性。目前高景气度板块方向仍较为明确，建议继续关注新游带动下高频数据不断修正 的游戏公司，同时前置关注后续重点游戏的预期交易；潮玩仍是新消费高热方向，关注新IP和产品形态 的孵化，及IP价值的培育升级；AI应用加速落地且创造收入，关注大厂超级APPAI化进度，及垂直场景 AI产品渗透率的提升。 来源：智通财经 截至2025年8月29日 13:05，中证沪港深游戏及文化传媒指数(931580)上涨0.01%，成分股岩山科技 (002195)上涨5.59%，中国科传(601858)上涨4.08%，中国电影(600977)上涨2.43%，恺英网络(002517)上 涨2.23%，芒果超媒(300413)上涨2.20%。游戏传媒ETF(517770)上涨0.98% ...

Group 1 - The core viewpoint of the news is the positive impact of the Chinese government's "Artificial Intelligence +" initiative on the AI industry chain, which is expected to accelerate commercialization and enhance demand across various sectors [1][2] - The China Securities Index for the gaming and cultural media sector (931580) has shown a 0.44% increase, with notable stock performances from companies like Rock Mountain Technology (up 10.08%) and Xinhua Net (up 5.76%) [1] - The "Artificial Intelligence +" policy emphasizes six key areas: scientific technology, industrial development, quality improvement in consumption, public welfare, governance capabilities, and global cooperation, with specific quantitative goals for AI development [1] Group 2 - The gaming media ETF (517770) closely tracks the China Securities Index for gaming and cultural media, which includes 50 listed companies from various sectors such as gaming, film, broadcasting, marketing, publishing, education, and cultural performances [2] - As of July 31, 2025, the top ten weighted stocks in the index account for 52.86% of the total, with major players including Kuaishou-W, Tencent Holdings, and Bilibili-W [2]

截至2025年8月15日 13:08，中证沪港深游戏及文化传媒指数(931580)上涨0.17%，成分股健康之路 (02587)上涨4.61%，网易云音乐(09899)上涨3.18%，阅文集团(00772)上涨3.02%，东方明珠(600637)上涨 2.05%，华数传媒(000156)上涨1.97%。游戏传媒ETF(517770)上涨0.17%，最新价报1.15元。 太平洋证券指出，GPT-5幻觉率显著下降，模型实用性将大幅提升，同时模型定价极具吸引力，对于真 实场景中AI应用落地意义重大，极大拓展了AI在不同行业中应用的空间。北美云厂商及应用厂商在AI 驱动下实现业绩持续高速增长，显示AI应用商业化进展提速。 游戏传媒ETF紧密跟踪中证沪港深游戏及文化传媒指数，中证沪港深游戏及文化传媒指数从内地与香港 市场中选取50只业务涉及游戏、影视、广播电视、营销、出版、教育以及文化演出等领域的上市公司证 券作为指数样本，以反映内地与香港市场游戏及文化传媒主题的整体表现。 消息面上，三大运营商上半年加码布局AI应用。中国移动董事长杨杰在2025年度中期业绩说明会上表 示，目前中国移动从AI获得的直接收入及相关收入已达 ...

截至2025年7月30日 13:40，中证沪港深游戏及文化传媒指数(931580)上涨0.43%，成分股光线传媒 (300251)上涨4.74%，神州泰岳(300002)上涨3.21%，吉比特(603444)上涨2.49%，华图山鼎(300492)上涨 2.13%，新华文轩(601811)上涨2.05%。游戏传媒ETF(517770)上涨0.45%，最新价报1.12元。 万联证券指出，2025年7月游戏版号发放量维持高位态势，结构覆盖多类型产品，多款头部大作获批。 整体来看，供给端延续释放，版号常态化趋势稳固，行业修复节奏持续推进。建议关注具备产品储备、 研发能力及题材多样化布局能力的头部厂商。 游戏传媒ETF紧密跟踪中证沪港深游戏及文化传媒指数，中证沪港深游戏及文化传媒指数从内地与香港 市场中选取50只业务涉及游戏、影视、广播电视、营销、出版、教育以及文化演出等领域的上市公司证 券作为指数样本，以反映内地与香港市场游戏及文化传媒主题的整体表现。 数据显示，截至2025年6月30日，中证沪港深游戏及文化传媒指数(931580)前十大权重股分别为快手- W(01024)、腾讯控股(00700)、分众传媒(002 ...

Group 1 - The China Securities Index for gaming and cultural media (931580) has shown a strong increase of 1.37%, with notable gains from companies such as Giant Network (up 5.29%) and Kyeong Network (up 5.06%) [1] - In June, a total of 147 domestic games and 11 imported games were approved, with a cumulative issuance of 812 game licenses from January to June, representing a year-on-year growth of 17.9% [1] - The gaming market in China generated revenue of 28.1 billion yuan in May, reflecting a year-on-year increase of 10%, with mobile gaming sales reaching 21.2 billion yuan, up 12% [1] Group 2 - Guosen Securities maintains a positive outlook on the gaming sector, driven by policy support, market conditions, AI applications, and the launch of new products [2] - Huatai Securities highlights structural growth opportunities in the media industry, particularly in gaming, with improvements in market conditions and significant product cycles for key companies [2] - The gaming media ETF closely tracks the China Securities Index for gaming and cultural media, which includes 50 listed companies involved in gaming, film, broadcasting, marketing, publishing, education, and cultural performances [2] Group 3 - As of May 30, 2025, the top ten weighted stocks in the China Securities Index for gaming and cultural media accounted for 55.21% of the index, including Tencent Holdings and Kuaishou [3]