Stock Track | NETEASE MUSIC Soars 7.25% in Morning Session on "AI Songwriting" Feature Launch

Stock Track

12/01

NETEASE MUSIC (09899) surged 7.25% in the morning trading session, reflecting strong investor enthusiasm. The stock's performance outpaced broader market trends, highlighting significant interest in the company's latest innovation.

The rally follows the beta testing launch of an "AI Songwriting" feature by its subsidiary platform, NetEase Tianyin. This tool uses artificial intelligence to simplify music creation, allowing users to generate complete songs by inputting keywords. Currently available to musicians and select power users, the feature is expected to democratize music production and attract a broader user base.

Market analysts point to the growing generative AI segment in the music industry, which was valued at $419.85 million in 2024 and is projected to reach $22.57 billion by 2034. This growth potential has likely contributed to the positive investor sentiment driving NETEASE MUSIC's stock higher.

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