(Yicai) Oct. 18 -- Chinese e-commerce giant JD.Com has reportedly denied rumors claiming a large number of users at its financial affiliate had withdrawn their funds from its wealth management products.

The rumors are completely false, and JD Finance’s wealth management products are running normally, Beijing-based JD.Com told The Paper today.

A screenshot claiming that withdrawals of large amounts from wealth management products were made on JD Finance started circulating on Chinese social media earlier today.

Spreading malicious rumors online and encouraging users to redeem their products from JD Finance’s platform violate relevant laws and regulations, disrupt the market order, and affect the stability of the financial system, JD.Com noted, adding that it will pursue legal actions.

Some speculate that the rumors are related to the fact that JD.Com hired a talk show actress for promotion activities on Oct. 11, who is disliked by many users. As a result, they rushed to redeem their wealth management products.

Editor: Futura Costaglione