According to the Zhongtongcaijing APP, CITIC Lyon released a research report stating that while music-generated AI is rapidly developing, Tencent Music-SW (01698) also faces related ESG risks, including being responsible for content, supporting creators, intellectual property protection, and energy efficiency. Although Tencent Music has proven to meet the requirements in most fields, complex and uncertain issues such as Al music copyrights may still have a huge impact on business. The report gives it a 'better than market' rating with a target price of HKD 67.5.

The bank pointed out that for content generated by AI, it is necessary to respect artists' rights and provide transparency, labels and choices for consumers, which is crucial for maintaining trust. Tencent Music is committed to providing a strong creative platform and content ecosystem for content creators. By providing creators with creative training, performance opportunities, and monetization channels, Tencent Music helps creators increase their income. Tencent Music disclosed that it uses paid data in AI model training, emphasizing the maximum respect for copyright holders. The company will use technology to monitor intellectual property infringement and protect the interests of copyright holders.