JD.com Stock (JD) Plunges as EU Threatens to Get Tough on €2.2B Ceconomy Deal

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2026.05.26 18:57
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JD.com shares fell as the EU plans to investigate its €2.2 billion bid for Ceconomy, citing concerns over foreign subsidies and data security. This marks a significant move by the EU against Chinese acquisitions, reflecting growing scrutiny of China's influence in critical sectors. The decision is expected to be announced soon, coinciding with discussions on the EU's approach to China.