JD.com shares fall after CEO's arrest and release

Chinese retailer JD.com Inc’s stock fell about 3.6 percent in early trading on Tuesday after the firm’s CEO was arrested in the United States on suspicion of criminal sexual conduct and later released. Richard Liu, who founded the firm in 1998, was arrested by police in the U.S. city of Minneapolis on Friday and released the next day before returning to China. Minneapolis police said on Sunday that “an active investigation” was under way. …read more

Source:: Yahoo Finance

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