Game ETF Huaxia (159869) has seen continuous net capital inflows for 5 consecutive trading days, with cumulative "fund absorption" reaching 790 million yuan.

On July 23, the gaming sector continued to oscillate at low levels during the midday session. The largest gaming ETF by index size, Huaxia (159869), fell over 2%, with its holdings showing mixed gains and losses. Xunyou Technology led the gains with nearly a 7% rise, while Fuchun Shares rose over 3%. Huali Technology, Tianzhou Culture, and others gained over 2%. On the downside, Giant Network, Century Huatong, Yaoji Technology, Kaiying Network, and Zheshu Culture saw the largest declines. As of July 22, Huaxia Gaming ETF (159869) had seen consecutive net capital inflows for five trading days, accumulating 'gold absorption' of 790 million yuan, attracting significant investor interest. The fund's scale reached 9.097 billion yuan.

In terms of news, the 23rd China International Digital Interactive Entertainment Exhibition will be held in Shanghai from July 31 to August 3, 2026, with the theme 'Playing with AI.' Public information indicates that this year's exhibition is expected to showcase over 1,000 games and continue to cover sectors such as artificial intelligence, hardware devices, indie games, esports, and international business cooperation.

The theme 'Playing with AI' signifies that artificial intelligence has moved from peripheral technology sectors into the core narrative of the digital entertainment industry. Gaming is naturally an industry with a high density of AI applications. From concept design, character animation, and scene production to program testing, voice acting, localization, and user service, almost every production stage can utilize generative AI. Intelligent characters may also form dynamic dialogues and varied feedback based on player behavior, gradually shifting fixed scripts toward real-time generation.

The gaming sector is experiencing multiple catalysts including AI integration, content innovation, and commercial model transformation. Huaxia Gaming ETF (159869) tracks the CSI Dynamic Gaming Index, boasting the highest AI application content across the market. It accurately covers the overall performance of the A-share anime and gaming industry. Currently, the gaming sector is undergoing a wave of multi-faceted catalysis driven by policy benefits, product cycles, and AI empowerment, presenting a potential window for layout in the gaming track.