As overseas expansion and artificial intelligence become key drivers for gaming companies to combat internal competition, reduce costs, increase efficiency, and achieve high gross profit margins, public funds are increasing their holdings in the gaming sector. As of September 11th of this year, Giant Interactive, a company heavily invested in by Southern Fund Management and Fullgoal Fund Management, saw its share price increase by approximately 2.5 times year-to-date. Jibit, a company heavily invested in by Ping An Fund Management, saw its share price increase by 1.3 times year-to-date. ST Huatong, a company heavily invested in by E Fund Management and Guotai Fund Management, saw its share price increase by approximately 2.6 times year-to-date. X.D., a company heavily invested in by Great Wall Fund Management and Manulife Fund Management, saw its share price increase by approximately 2.3 times year-to-date. Relatedly, by the end of the second quarter of 2025, the total market value of public funds' holdings in media stocks reached 36.341 billion yuan, a 35.97% increase from the end of the first quarter of this year. Among all media sub-sectors, fund managers have concentrated their overweight positions in the gaming sector, with public funds' holdings in the sector reaching 21.503 billion yuan, representing 59.17% of the total. Funds' holdings in the gaming sector have also seen a significant increase over the same period.