When JD.com published its third-quarter results last month, the Chinese e-commerce giant failed to mention what to many investors was the most significant news during the period: that Richard Liu, the founder, chairman and chief executive, had been accused of rape in late August.
Mr Liu, 45, was arrested in Minnesota after a dinner involving a female student. He denies the allegation, was released without charge and has returned to China.
But JD.com’s share price has fallen a third since the news broke, compared to an 11 per cent fall over the same period for its rival Alibaba.
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