The gaming industry is getting a double boost. The 2026 China International Game Developers Conference and ChinaJoy will open in Shanghai on July 28 and 31 respectively, with the integration of AI and gaming as a core topic. Unity's 2026 Gaming Report shows that 62% of developers are using AI-assisted coding, typical project development time has dropped from 91 hours to 21 hours, and art asset production cycles have been cut by 60% to 70%. Among A-share gaming concept stocks, Perfect World, Giant Network, Shunwang Technology, Kunlun Tech, and 37 Interactive Entertainment have already implemented AI applications. However, the sector has fallen an average of 26.49% this year, with Glacier Network leading the decline at 45.8%. Among the 17 stocks whose average daily turnover has grown more than 20% month-on-month since July, Rastar Group tops the list with a 174.88% increase. Nine of them have a trailing price-to-earnings ratio below 30 times, with G-bits at the lowest of 12.36 times and announcing a dividend plan of 100 yuan per 10 shares.
Morgan Stanley Lifts Accenture Price Target to $175 as Wall Street Splits on AI Growth
Morgan Stanley raised its price target on Accenture to $175 from $130 on September 14, sending the shares up more than 6% in afternoon trading even as the firm reiterated its Equal weight rating. UBS maintained a Buy rating with a $275 price target, citing confidence in Accenture's AI positioning and acquisition strategy, while Wells Fargo downgraded the stock to Equal Weight on concerns that macroeconomic pressures could weigh on fiscal 2027 growth expectations. Accenture has formed a joint business group with Google Cloud to deploy AI engineers across enterprise clients, and it continues to add specialized capabilities through acquisitions. Hedge fund holdings in Accenture rose to 69 in the second quarter from 64 in the first, with Pzena Investment Management increasing its stake 114% to more than 5.1 million shares, AQR Capital Management raising its position 245% to roughly 3.7 million shares, and Greenhaven Associates establishing a new position of around 3.4 million shares. Short interest, however, rose almost 9% from the previous reading to 3.81% of the public float as of August 31, with five days to cover.
Meta Acquires AI Startup Stilla.ai to Bolster Business Agent
Meta Platforms acquired AI startup Stilla.ai on September 9, a move aimed at strengthening its agentic AI capabilities and opening new monetization beyond advertising. The company plans to integrate Stilla.ai's team and technology into Meta Business Agent, which helps businesses interact with customers across its platforms. Longer term, Meta envisions customers using AI agents to inquire about products, discuss pricing, and potentially complete purchases without leaving its ecosystem, creating an AI-driven commerce layer across Facebook, Instagram, Messenger, and WhatsApp. Meta cautioned that Stilla.ai remains a small startup and the deal is unlikely to materially affect revenue or earnings per share in the near term, with infrastructure, product development, and integration needed before meaningful transaction-related revenue emerges. According to the Insider Monkey Database, 254 hedge funds held positions in Meta during the second quarter, down from 262 at the end of the first quarter, while short interest stood at approximately 1.13% of outstanding shares, or roughly 28.81 million shares, as of August 31.
OpenText Partners With Cohere on Trusted AI for Governments
OpenText has partnered with AI firm Cohere to offer agentic AI tools for governments and regulated sectors. The collaboration focuses on trusted deployment of AI agents that work with sensitive enterprise data in tightly controlled environments. Both companies plan to provide customers with flexible implementation options, including private and hybrid setups to meet security requirements. Open Text, a California-based software provider with a market value of about $5.6b, focuses on data management tools that help large organisations handle and govern information across regions where compliance rules for AI and data use are especially tight. The partnership sharpens the AI execution pillar of the Open Text story by connecting the firm's data and compliance layers to a deployable agent platform built for governments and banks, though it also adds integration complexity on top of ongoing restructuring and legacy-to-cloud transitions.
37 Interactive Entertainment Network Technology Group Co Ltd
Giant Network Group Co Ltd
Perfect World Co Ltd
Rastar Group
Hangzhou Shunwang Tech
Beijing Kunlun Tech Co Ltd
Shenzhen Bingchuan Network Co Ltd
Hangzhou Seck Intelligent Tech Co
G-bits Network Technology Xiamen Co Ltd