Tencent Music Dives as Watchdog Probes Its Record-Label Ties
A pedestrian walks past Tencent Holdings Ltd.’s new under construction headquarters in Shenzhen, China (Photographer: Qilai Shen/Bloomberg)

Tencent Music Dives as Watchdog Probes Its Record-Label Ties

(Bloomberg) -- Tencent Music Entertainment Group fell the most in five months as China’s antitrust authority investigates exclusive licensing deals it forged with the world’s biggest record labels.
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