JD boss back at work after arrest in US
By Fan Feifei | China Daily | Updated: 2018-09-04 07:32
Chinese e-commerce giant JD said on Monday its founder and CEO, Liu Qiangdong, has returned to China and resumed work after his arrest in Minneapolis in the United States on suspicion of criminal sexual conduct. He was later released without charges or bail.
The Foreign Ministry said on Monday it is looking into the arrest of a Chinese citizen in the US. Ministry spokeswoman Hua Chunying told a news conference in Beijing the Chinese Consulate in Chicago is "closely following the relevant situation" and trying to verify the facts.
JD's American depositary receipts traded in Frankfurt, Germany, slumped 4.69 percent to 25.63 euros ($29.70) after the market opened on Monday. The US stock market was closed on Monday for the Labor Day holiday.
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