The single-day ＂gold absorption＂ exceeded 100 million, and the game ETF(159869) strengthened at the beginning of the session.

On March 13th, 2024, A-share online game concept stocks surged at the beginning of the session, and the game ETF(159869) has now risen by over 2%. Recently, the game sector continued to rebound and attack, and the game ETF(159869) continued to pay a premium in intraday trading. Yesterday, the net inflow of funds exceeded 100 million yuan, and the signal of fund layout was obvious.

In the news, the Global Game Developers Conference (GDC) will be held in San Francisco from March 18th to March 22nd. The conference will cover many topics such as AI, VR, AR, audio, vision, programming, etc. The participating manufacturers include Microsoft, Google, NVIDIA, Meta, Adobe, EPIC, Unity, Roblox, Tencent and Netease. Citic Jiantou pointed out that looking back at the GDC conference in 2023, AI became the biggest keyword, and industry head companies such as Microsoft, Ubisoft and Roblox shared how AI innovated game production/operation, including reducing costs and increasing efficiency, and creating new gameplay, which also drove the A-share game sector to rise sharply. Focus on the catalysis of this year’s GDC conference on the game sector. As can be seen from the theme of the conference, AI has penetrated into more production links and more game categories.