USHK News
2024.10.18 03:24

Rumors of a run on JD Finance, official response: Not true, user funds are protected by legal supervision

Jin10 Data News on October 18th, in the early morning of October 18th, a screenshot claiming that JD Finance's wealth management product had a large withdrawal amount that could not be redeemed circulated on various social media platforms. The screenshot displayed "The current product has triggered a large redemption, please try again on the next redemption open day." With public opinion escalating, many netizens are concerned about whether JD Finance is facing a run on funds. When contacted by a reporter, JD Finance's customer service personnel responded to the rumors of a run on funds by stating: "There is no issue as reported on the JD Finance platform, online discussions are unfounded. Users' funds on JD Finance are managed by licensed financial institutions, subject to legal supervision and protection, so there is no need to worry about fund security." Regarding the issue of being unable to redeem a large withdrawal on the same day as rumored online, the representative mentioned that "different products have different redemption rules, and users need to provide a screenshot of the page for specific inquiries."