NasdaqGS:JDMultiline Retail
JD.com (NasdaqGS:JD) Faces 618 Advertising Scrutiny As Pomerantz Opens Securities Investigation
JD.com is facing regulatory scrutiny over alleged false advertising during its 618 shopping festival.
China's State Administration for Market Regulation has reportedly become involved in examining the promotion practices.
Pomerantz LLP has opened a securities investigation into JD.com related to these allegations.
For investors watching NasdaqGS:JD, this inquiry adds a fresh layer of non financial risk to consider alongside the stock’s recent performance. JD.com closed at $28.2, with the...