Weekly Recap: EU probe of JD.com bid and Michael Burry boosts JD.com stake
EU regulators have opened a Foreign Subsidies probe into JD.com, Inc. Sponsored ADR Class A’s $2.5B bid for Ceconomy over possible subsidized financing or tax breaks, even as famed investor Michael Burry recently disclosed an increased stake in NASDAQ:JD without detailing size or timing.Previous We…