NetEase (NTES) surged 5.10% during Monday's intraday trading, driven by positive developments in its music and gaming divisions.
The rally follows the beta launch of NetEase Music's "AI Songwriting" feature, which leverages artificial intelligence to simplify music creation. This innovation aligns with the booming generative AI music market, projected to grow exponentially. Additionally, NetEase's gaming arm saw strong performance with the global release of "Where Winds Meet," which exceeded expectations and boosted mid-to-long-term revenue prospects.