ChinaAMC CSI Animation Game ETF

China's Game Market Revenue Hits 30.37 Billion in April, Mobile Games Up 9.83%

Game Sector Volatile at Noon, Tencent's Q1 Earnings Boost Industry Valuation, Funds Flock to Game ETF

KINGNET released FY2025 Q4 earnings on April 28 Pre-Market (BJT), actual revenue CNY 1.25 B (forecast CNY 1.573 B), actual EPS CNY 0.1498 (forecast CNY 0.2148)

YOOZOO released FY2026 Q1 earnings on April 28 After-Market (BJT), actual revenue CNY 354.04 M (forecast CNY 364.46 M), actual EPS CNY 0.11 (forecast CNY 0.1191)

ZDDC released FY2026 Q1 earnings on April 28 After-Market BJT, actual revenue CNY 873.79 M, actual EPS CNY 0.13

YOOZOO released FY2025 annual earnings on April 28 After-Market (BJT), actual revenue CNY 1.402 B (forecast CNY 1.529 B), actual EPS CNY -0.38 (forecast CNY 0.2854)

KINGNET released FY2026 Q1 earnings on April 28 Pre-Market (BJT), actual revenue CNY 2.221 B (forecast CNY 1.56 B), actual EPS CNY 0.37 (forecast CNY 0.3147)

YOOZOO released FY2025 Q4 earnings on April 28 After-Market (BJT), actual revenue CNY 382.96 M (forecast CNY 404.42 M), actual EPS CNY -0.5342 (forecast CNY 0.1002)

KINGNET released FY2025 annual earnings on April 28 Pre-Market (BJT), actual revenue CNY 5.325 B (forecast CNY 5.807 B), actual EPS CNY 0.89 (forecast CNY 1.0323)

PWRD released FY2025 Annual Earnings on April 27 (BJT), actual revenue CNY 6.66 B (forecast CNY 6.917 B), actual EPS CNY 0.39 (forecast CNY 0.3863)

PWRD released FY2026 Q1 earnings on April 27 (BJT), actual revenue CNY 1.171 B (forecast CNY 1.4 B), actual EPS CNY 0.05

PWRD released FY2025 Q4 earnings on April 27 (BJT), actual revenue CNY 1.243 B (forecast CNY 1.638 B), actual EPS CNY 0.0364 (forecast CNY 0.0425)

OURPALM released FY2026 Q1 earnings on April 27 After-Market (BJT), actual revenue CNY 184.84 M, actual EPS CNY 0.02

Giant Network released FY2026 Q1 earnings on April 27 During-Market (BJT), actual revenue CNY 2.329 B (forecast CNY 2.1 B), actual EPS CNY 0.57

OURPALM released FY2025 Q4 earnings on April 27 After-Market BJT, actual revenue CNY 171.81 M, actual EPS CNY -0.083

SANQI HUYU released FY2026 Q1 earnings on April 27 Pre-Market (BJT), actual revenue CNY 3.72 B (forecast CNY 4.371 B), actual EPS CNY 0.4 (forecast CNY 0.362)

OURPALM released FY2025 earnings on April 27 After-Market (BJT), actual revenue CNY 706.06 M (forecast CNY 678.45 M), actual EPS CNY -0.06 (forecast CNY 0.0414)

Ultrapower released FY2026 Q1 earnings on April 27 After-Market (BJT), actual revenue CNY 1.401 B, actual EPS CNY 0.087

G-bits released FY2026 Q1 earnings on April 23 After-Market (BJT), actual revenue CNY 1.847 B (forecast CNY 1.605 B), actual EPS CNY 7.18 (forecast CNY 6.5498)

YOOZOO to Release FY2026 Q1 Earnings on April 29 After-Market (BJT), Forecast Revenue CNY 364.46 M, EPS CNY 0.1191

09626

BILI

516010

159869

HERO

AASTOCKS News

BILIBILI-W

Bilibili

Guotai CSI Animation Game ETF

Global X Video Games & Esports ETF

*BILIBILI-W 1Q Adj. Net Profit Climbs 63.4% YoY to RMB593M

GAMR

ESPO

BNGE

CICC reported that TENCENT's 1Q Non-IFRS net profit rose 11% YoY, meeting expectations, while revenue increased 9% YoY, below forecasts. Game receipts grew, with advertising revenue up 20% YoY. TENCENT's AI investments are seen as proactive, with plans for further development. CICC maintains its revenue and profit forecasts, reiterating an Outperform rating with a target price of HKD666.

Wedbush ETFMG Video Game Tech ETF

VanEck Video Gaming and eSport ETF

First Trust S-Network Streaming and Gaming ETF

TENCENT

Tencent

CICC

TENCENT-R

Tencent HK SDR 10to1

Tencent Holdings Limited

CICC: TENCENT  1Q Non-IFRS Net Profit In Line; Active and Controllable AI Investment

MCHI

517770

KWEB

Tencent reported a 9% increase in Q1 2026 revenue to 196.5 billion yuan, slightly below Wall Street's 199 billion yuan estimate. Gaming revenue grew 6% year-over-year to 45.4 billion yuan, a slowdown from 24% in Q1 2025, attributed to timing issues. CEO Ma Huateng noted significant progress in AI, with a focus on enhancing operations and launching new products. The fintech division generated 60 billion yuan, driven by cloud services and AI solutions. Despite the revenue miss, Tencent's cash flow supports its AI investments, balancing gaming performance with growth in AI-driven services.

Stock Invest

iShares MSCI China

iShares China Large Cap

AXA SPDB CSI Hugangshen Game and Culture Media ETF

iShares Expanded Tech Software Sector ETF

Global X Cloud Computing ETF

Krne Csi China Internet

SPDR S&P Software

Emerging Markets Internet ETF

Tencent's Q1 Revenue Slightly Misses Estimates Despite Gains in Gaming and AI

03033

Tencent Holdings Limited announced its financial report for the first quarter of 2023, with revenue increasing by 9.1% year-on-year to CNY 196.46 billion, and non-International Financial Reporting Standards (IFRS) net profit attributable to shareholders rising by 10.7% to CNY 67.9 billion. Revenue from the gaming business grew by 6%, while advertising and enterprise services revenue increased by nearly 20%. The company has increased its AI investments, with capital expenditures reaching CNY 31.9 billion, a growth of 16%. The stock price fell slightly on Thursday, down over 22.8% year-to-date

BambooWorks

CSOP HS TECH

News: Tencent's adjusted profit increased by 11% in the first quarter, continuing to increase investment in AI

Polymarket has reported a significant shift in the odds for the 'LoL: Team WE vs. Anyone's Legend' match, with the probability of both teams killing a dragon rising from 50% to 90% in just one hour. This 40% fluctuation suggests a notable change in expectations, prompting stakeholders to assess the implications of this sudden development.

CoinLive

Van Eck Associates Corp.

Polymarket Predicts Significant Shift in Team WE vs. Anyone's Legend Match

Spin Master (SNMSF) has announced a global toy licensing agreement with Supercell to develop a new collection of toys inspired by popular games like Clash of Clans, Clash Royale, and Brawl Stars. The multi-year agreement will see the creation of collectible figures, plush toys, and accessories, with a launch expected in Summer 2027. Doug Wadleigh, Spin Master's President for Toys, emphasized the collaboration's potential to bring digital characters to life. Currently, Spin Master's shares are down 2.62% at $19.32 on the Toronto Stock Exchange.

Fidelity

Spin Master Announces Global Toy Licensing Agreement with Supercell

Supercell has fully acquired Metacore and its popular game Merge Mansion, a move that underscores Tencent's strategy in the casual gaming market. This acquisition is seen as a strategic extension of Supercell's portfolio, targeting a broader audience beyond competitive gamers. Merge Mansion has achieved over 60 million downloads and $600 million in revenue, appealing to casual players, particularly women and older demographics. The deal highlights a shift in the mobile gaming industry towards casual genres and emphasizes the importance of long-term user retention and live operations in gaming.

TechNode

Supercell acquires Metacore, Tencent expands its presence in the global casual gaming market

159855

Item│1Q26 Forecast│ YoY ChangeTotal revenue│ RMB197.718 billion│+9.8%- Value-added services revenue│ RMB98.511 billion│+6.9%-> Domestic game revenue│ RMB46.332 billion│+8.0%-> International game revenue│ RMB19.09 billion│+15.0%- Online advertising revenue│ RMB37.905 billion│+19.0%- Fintech and enterprise services revenue and others│ RMB60.139 billion│+9.4%Total gross profit│ RMB111.433 billion│+10.9%Gross profit margin│56.4%│+0.5 pptsNet profit│ RMB58.497 billion│+22.3%Non-IFRS net profit│ RMB68.745 billion│+12.1%Non-IFRS net profit margin│34.8%│+0.7 ppts

Yinhua CSI Movies Theme ETF

Morgan Stanley

MORGAN STANLEY DEP SHS EA REP 1/1000 SHS NON CUM PFD O

MORGAN STANLEY DEP SHS REPSTG 1/1000TH PFD SER Q

MORGAN STANLEY DEP SHS REPS 1/1000 7.125% PFD E

MORGAN STANLEY NON-CUM DEP SH REP 1/1000 PFD SER I

MORGAN STANLEY 4.875 DEP SHS REP 1/1000 NCUM PFD SR L

MORGAN STANLEY 6.5%DEP SHS REPSTG 1/1000 NON CUM SER P

MORGAN STANLEY DEP SHS REPS 1/1000 PFD SER 'A'

MORGAN STANLEY DEP SHS REPR 1/1000TH INT PFD SER 'F' FX

MORGAN STANLEY DEP SHS REP 1/1000 NON-CUM PFD STK SER K

M Stanley 1Q Results Forecasts for TENCENT (Table)

516770

Tencent has increased its stake in Game Science, the developer of "Black Myth: Wukong," from 5% to 24%. This change follows the exit of Hero Entertainment's subsidiary, which previously held a 19% stake. Wu Dan, the founder of Hero Entertainment, has also officially withdrawn. Game Science remains under the control of Feng Ji, who holds a 38.76% stake. The company is recognized as a leading game developer in mainland China, with "Black Myth: Wukong" being a notable AAA title.

Huatai-PB CSI Animation Game ETF

Report: TENCENT  Raises Stake in "Black Myth: Wukong" Developer to 24%

02100

BAIOO Family Interactive's chairman, Mr. Dai Jian, has increased his stake in the company to 24.1% by purchasing 156,000 shares at HK$0.495 each. This acquisition, totaling 3,950,000 shares between March 30 and April 27, 2026, reflects strong insider confidence in the company's future. The move is seen as a positive signal for investors regarding BAIOO's valuation and business outlook. BAIOO operates in the interactive entertainment sector and is listed in Hong Kong under stock code 2100, with a current market cap of HK$1.37 billion.

Tip Ranks

BAIOO

BAIOO Chairman Raises Stake to 24.1% Through Market Share Purchases

ChinaAMC CSI Animation Game ETF(159869.SZ)

*BILIBILI-W 1Q Adj. Net Profit Climbs 63.4% YoY to RMB593M

CICC: TENCENT 1Q Non-IFRS Net Profit In Line; Active and Controllable AI Investment

Tencent's Q1 Revenue Slightly Misses Estimates Despite Gains in Gaming and AI

News: Tencent's adjusted profit increased by 11% in the first quarter, continuing to increase investment in AI

Polymarket Predicts Significant Shift in Team WE vs. Anyone's Legend Match