Meanwhile, Tencent – a substantial portion of which belongs to Amsterdam-based Prosus – has been ordered by Beijing to seek approval before releasing any apps or updating existing offerings. And prior to the latter requirement, the conglomerate's Tencent Music (NYSE: TME) division was made to give up all exclusive-music deals; TME yesterday hit an all-time low of $6.65 and has parted with almost 65 percent of its value on the year.