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JD.com shares fall after CEO's arrest and release
short by Mahi Chauhan / on Tuesday, 4 September, 2018
Shares of Chinese e-commerce major JD.com fell as much as 7% on Tuesday after the firm's CEO, Liu Qiangdong, was arrested for criminal sexual conduct in the US and later released. He was arrested in the US on Friday and released on Saturday. The company, in a statement, said that there was no substance to the claim.
read more at Reuters