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The identity of the man who sexually assaulted Richard Gadd is known by "people in the industry." That's according to British TV host Richard Osman, who spoke about "Baby Reindeer" on his podcast. There's been rampant speculation about who inspired the abusive comedy writer named Darrien. In "Baby Reindeer," an established television writer named Darrien O' Connor (Tom Goodman-Hill) grooms and abuses Donny (Richard Gadd). In "Baby Reindeer," an established television writer named Darrien (Tom Goodman-Hill) grooms and abuses Donny (Richard Gadd).
Persons: Richard Gadd, Richard Osman, There's, , Donny Dunn, Martha, Gadd, Darrien O, Connor, Tom Goodman, Hill, Donny, Marina Hyde, Osman, Darrien, Netflix Osman, hasn't, Tony, Sean Foley, who's, he's, Instagram Foley Organizations: Service, Netflix, Local, Guardian Locations: British, Scottish, Darrien, Edinburgh
While Lyons did not disclose the person or show in her X posts, Deadline reported that it had verified that she was indeed referring to Gadd and "Baby Reindeer." AdvertisementAccording to Deadline, Gadd had not disclosed his relationship with Lyons at the time. Metro has reported that it was Lyons' X thread — posted on April 16, five days after "Baby Reindeer" was released — that led to Gadd being questioned by producers at Clerkenwell Film. The role of Donny's (Richard Gadd) girlfriend, Teri, in "Baby Reindeer" went to Nava Mau. According to Deadline, Gadd and Lyons went on four dates between October and November 2021 before Gadd ended the relationship in December.
Persons: , Richard Gadd, Teri, Nava, Gadd, Reece Lyons, Lyons, ava, ong, egan Organizations: Service, Netflix, Business Locations: Scottish, Nava Mau, British, penly
CNN —This essay contains some spoilers for “Baby Reindeer.”The Netflix hit “Baby Reindeer” has taken the world by storm with its nuanced, painfully honest portrayal of one man’s experience of stalking and abuse. According to the US Centers for Disease Control and Prevention (CDC), “nearly a quarter of men reported some form of contact sexual violence in their lifetime. “There is a hidden epidemic of sexual violence within the queer community that is rarely visible in the media. A man some viewers mistakenly identified as the older television writer in “Baby Reindeer” has gone to the police after receiving threatening messages on social media. Whatever the legacy of “Baby Reindeer” may be, it stands as one of the boldest and most forthright explorations of male victims of stalking and sexual assault.
Persons: Sara Stewart, Sara Stewart Todd Thompson, Richard Gadd, Gadd, Donny, ” Gadd, GQ, , , ’ ”, he’d, hadn’t, , who’s, ” Jeffrey Ingold, ” Ingold, stalkers, Jessica Gunning, Martha, , he’s, it’s, Teri, she’s Organizations: CNN, Netflix, US Centers for Disease Control, Prevention, Guardian, Independent, Twitter, Facebook Locations: Pennsylvania
Netflix's "Baby Reindeer," tells the story of a male comedian whom an older woman stalked. AdvertisementA woman who believes the stalker character in Netflix's latest hit series "Baby Reindeer" is based on her has said she is considering taking legal action against the Netflix show. She has alleged that she has received "death threats and abuse from Richard Gadd supporters." Richard Gadd as Donny Dunn in "Baby Reindeer." NetflixFollowing its release in mid-April, "Baby Reindeer" has become a surprise hit for Netflix, having risen to No.
Persons: Richard Gadd, , Gadd, Martha Scott, Jessica Gunning, sleuths, Tom Goodman, Hill, Ed Miller, Martha, He's, Donny Dunn, Matha, What's Organizations: Service, Netflix, Daily Mail, Scottish, Mail
Gadd’s retelling of his real-life encounters with a stalker through the fictional Donny Dunn in “Baby Reindeer” is also a story of trauma and healing. (From left) Richard Gadd as Donny and Jessica Gunning as Martha in "Baby Reindeer." Ed Miller/NetflixGunning plays Donny’s stalker Martha, a troubled woman who claims to be a lawyer but is more than anything a career creeper and repeat offender. By the end of the journey, it’s clear that “Baby Reindeer” was made with purpose, something that often escapes projects that earn their popularity on the merit of being about incidents so messy (and sometimes horrifying) that you can’t look a way. “Baby Reindeer” might be is a sign that true crime TV is finally growing up.
Persons: Dateline ” –, bartends, Richard Gadd’s, Donny Dunn, Donny, Gadd, hasn’t, Jessica Gunnning, , That’s, Reindeer’s, Richard Gadd, Jessica Gunning, Martha, Ed Miller, Netflix Gunning, ” Nava, Teri, Shalom Brune, Franklin, Tom Goodman, Hill, Danny Kirrane Organizations: CNN, Dateline, Guardian, Netflix, HBO Locations: British
Richard Gadd based "Baby Reindeer" on his experience of being stalked and sexually abused. Donny is stalked by an older woman named Martha Scott (played by Jessica Gunning), who is based on Gadd's real stalker. For legal reasons, Gadd hasn't revealed the real identity of his stalker, or the writer Darrien was based on. Gadd told GQ that he purposely concealed the identity of the real Martha within the series. He also told Variety that "due to where things ended in real life," he wasn't concerned about his real stalker attempting to contact him because of the show's popularity.
Persons: Richard Gadd, Gadd, , Donny Dunn, Donny, Martha Scott, Jessica Gunning, Darrien, Tom Goodman, Hill, Gadd hasn't, hasn't, Sean Foley, That's, Instagram Sean Foley, Foley, Martha, " Gadd, GQ, What's Organizations: Service, Police Locations: British
CNN —Flavor Flav is moving through life these days like he’s got no time to waste. And there’s a lot of young artists that have a lot of love for Flavor Flav as well. FF: “I’m having fun with my life right now. I’m really having a lot of fun with my life right now. And I think that’s another thing that people love about me most is because I’m humble, you know?
Persons: Flav, he’s, Bruce Springsteen, Donny Osmond, Flav’s, hasn’t, , Megan Thee Stallion, King Kong, , Taylor Swift, ” Taylor Swift, Kevin Mazur, I’m, Cher, I’ve, Billie Eilish, she’s, Christopher Polk, Who’s, haven’t, Megan Thee, Babyface Edmonds, Jimmy Jam, Terry Lewis, Jelly, let’s, ain’t Organizations: CNN, Harvard, Hall of Fame, ” CNN, Dolby Theatre, Getty Locations: Los Angeles , California, King
"Baby Reindeer" tells the true story of an aspiring comedian who was stalked for four years. Gadd said that he wanted the "Baby Reindeer" ending to explore the reality of abuse. "Baby Reindeer" was originally a stage show that Gadd performed at the Edinburgh Fringe Festival in 2019, and is now a limited Netflix series. Dunn tries to get closure by returning to Darrien's flatTom Goodman-Hill as Darrien in "Baby Reindeer." Instead of Scott stalking Dunn, he uses her voicemails as a source of comfort in his troubled life, just like her baby reindeer toy.
Persons: Richard Gadd, Gadd, , Donny Dunn, Martha Scott, Jessica Gunning, Scott, Tudum, Dunn, Dunn's, She's, she'd, Tom Goodman, Netflix Dunn, Liz, Nina Sosanya, Darrien, Hill, doesn't, Scott's, he's, GQ, hadn't, hasn't, Coke Organizations: Service, Edinburgh Fringe, Netflix Locations: tatters
Related storiesHere's the true story of "Baby Reindeer," and what we know about the real Scott. Gadd knew he had an interesting story to tell when Scott was stalking himRichard Gadd as Donny Dunn and Jessica Gunning as Martha Scott in "Baby Reindeer." pic.twitter.com/7jKVplc5vX — Netflix (@netflix) April 13, 2024Gadd told Netflix's Tudum that he knew he had a good story to tell, even while being stalked. Jessica Gunning as Martha Scott in "Baby Reindeer." It's unclear if this also happened in real life, but Gadd told The Times that the situation is over.
Persons: , Richard Gadd, Donny Dunn, It's, Martha Scott, Gadd hasn't, Donny, I'd, Scott, Gadd, Jessica Gunning, Ed Miller, didn't, " Gadd, That's, Netflix's, Dunn Organizations: Service, Netflix, Edinburgh Fringe, Business, Independent, Times Locations: Edinburgh
New York CNN —Netflix recently bet $5 billion on the idea that pro wrestling is due for a renaissance. The potential liability for Netflix, though, lies with World Wrestling Entertainment’s longtime puppet master and promoter, Vince McMahon. CNN: Vince McMahon has been a powerful force in American culture over the last 40 years, but I think that’s hard to convey to non-wrestling fans. Riesman: For about 40 years, Vince McMahon was the central actor and gravitational point for the American and Canadian professional wrestling industry. There’s kayfabe, and then there’s what Vince really pioneered, which is neokayfabe, a term I made up.
Persons: CNN Business ’, , Hulk Hogan, That’s, Wrestling Entertainment’s, Vince McMahon, McMahon, didn’t, Abraham Josephine Riesman, , ” Riesman, Dwayne “, ” Johnson, Steve Austin, Donald Trump, Riesman, Vince, Donald Trump’s, Vince’s, Donny Trump, Trump, Linda, I’m, It’s, There’s, You’re, you’re, Vince McMahon’s, Mr, McMahon ”, Sammy Stein — Organizations: CNN Business, New York CNN, Netflix, Wrestling, WWE, Wall Street, CNN, American, Trump, Trump . CNN, Endeavor Locations: New York, America, Canadian, Queens, United States
The world also said goodbye to former U.S. Secretary of State Henry Kissinger, who died Nov. 29. Political Cartoons View All 1277 ImagesAnother political figure who died this year was former U.S. first lady Rosalynn Carter, who died Nov. 19. Among the entertainers who left the world this year was singer Tina Turner, who died May 24. Here is a roll call of some influential figures who died in 2023 (cause of death cited for younger people, if available):___JANUARY___Fred White, 67. A Hall of Fame forward who helped the Chicago Blackhawks win the 1961 Stanley Cup Final.
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Trump, Diamond, Constantine, Jan, Tatjana Patitz, George Michael’s, Lisa Marie Presley, Elvis Presley, Robbie Knievel, Evel Knievel, Ray Cordeiro, Elmo, Cookie, Gina Lollobrigida, Chris Ford, Crosby, Stills, Nash, Young, Cindy Williams, Shirley, “ Laverne, Billy Packer, Sylvia Syms, Alex ”, Barrett Strong, Norman Whitfield, “ Papa, Rollin ’ Stone, Tom Verlaine, Patti Smith, Bobby Hull, Paco Rabanne, Harry Whittington, Dick Cheney, Hsing Yun, , San Jose ”, Carlos Saura, Spain’s, Hugh Hudson, Oscar, “ Greystroke, Hans Modrow, David Jude Jolicoeur, Huey “, ” Smith, Little Richard, Lloyd Price, , Leiji Matsumoto, Yamato ”, Tim McCarver, Stella Stevens, Jerry Lewis’s, John Munch, Ahmed Qureia, Betty Boothroyd, Ricou Browning, Gill, Gérard Latortue, Fontaine, Barbara Everitt Bryant, Ryan ”, Kenzaburo Oe, Judy Heumann, Gary Rossington, Lynyrd Skynyrd, Georgina Beyer, Traute Lafrenz, Rose, Peterson Zah, Tevye, Robert Blake, Jiang Yanyong, Bud Grant, Dick Fosbury, Pat Schroeder, Gloria Bosman, Jacqueline Gold, Britain’s Ann Summers, John Wick ”, John Jenrette, Juana La, Willis Reed, Darcelle, Paul O’Grady, Lily Savage, Emperor ”, Hedda Kleinfeld Schachter, Margaret Thatcher, Ben Ferencz, Nuremberg, Elisabeth Kopp, Michael Lerner, Jack Lipnick, “ Barton Fink, Bugsy Calhoun, Anne Perry, Thomas Pitt, William Monk, Al Jaffee, magazine’s, Charles Stanley, Richard Riordan, Todd Haimes, Tony Awards, Barry Humphries, Tony, Dame Edna Everage, Len Goodman, Carolyn Bryant Donham, Emmett Till, LeRoy “ Lee ” Carhart, Larry “, ___ Gordon Lightfoot, Tori Bowie, Vida, Grace Bumbry, Rock ”, Ovelha, Denny Crum, Heather Armstrong, Bobbie Spencer, Rolf Harris, Kenneth Anger, Doyle Brunson, Jim Brown, Timothy Keller, Andy Rourke, Ray Stevenson, Thor ”, Ed Ames, George Maharis, Carroll Cooley, Miranda, John Beasley, Kaija, George Winston, Ipanema ”, Robert Hanssen, Richard Snyder, Simon & Schuster, Françoise Gilot, Pablo Picasso —, Pat Robertson, Theodore “ Ted ” Kaczynski, Roger Payne, Treat 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Kidd, Eno Ichikawa, Michael McGrath, Fernando Botero, Giorgio Napolitano, Matteo Messina Denaro, Michael Gambon, Albus Dumbledore, Harry Potter ”, Mankombu Sambasivan, Saad Eddin Ibrahim, Hosni Mubarak, Tim Wakefield, Dick Butkus, Michael Chiarello, Michael Chiarello ”, Masters, Burt Young, Paulie, Sylvester Stallone, Hughes Van Ellis, Kevin Phillips, Louise Meriwether, Mark Goddard, Major Don West, Rudolph Isley, Isley, unblinking, Piper Laurie, Chrissy Snow, Bobby Charlton, Bishan Bedi, Richard Moll, Xi Jinping, Wu Zunyou, Chandler Bing, Ken Mattingly, Bob Knight, Frank Borman, Steve Norton, Don Walsh, Mariana Trench, Terry R, Taylor, Daisaku Ikeda, Herbie Hancock, Bobby Ussery, George “ Funky ” Brown, Joanna ”, Marty Krofft, Pufnstuf, Donny, Marie ”, Terry Venables, Tim Dorsey, Serge A, Frances Sternhagen, ” “, Charlie Munger, Warren Buffett, Berkshire Hathaway, Gerald Ford, Shane MacGowan, Bernard McGhee Organizations: Wagner Group, Russian, White House, U.S, Supreme, United 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Jordan Mailata, the 6-foot-8, 365-pound left tackle for the Philadelphia Eagles, was nervous for his next matchup. It was August, and he was heading into the recording studio to duet with the Godmother of Soul, Patti LaBelle. “He sings his face off — I was shocked,” Ms. LaBelle said on Thursday. It is the trio’s second holiday album to raise money for Philadelphia-area charities. stars — Travis Kelce, the Kansas City Chiefs tight end, and Jalen Hurts, the Eagles quarterback — and musicians with ties to Philadelphia like Ms. LaBelle, a longtime Eagles fan.
Persons: Jordan Mailata, Patti LaBelle, , ” Ms, LaBelle, Donny Hathaway’s “, Mailata, Jason Kelce, Lane Johnson, — Travis Kelce, Organizations: Philadelphia Eagles, Eagles, Kansas City Chiefs, longtime Eagles Locations: , Philadelphia
NEW YORK (AP) — Marty Krofft, a TV producer known for imaginative children’s shows such as “H.R. The Kroffts eventually opened their own, the short-lived World of Sid & Marty Krofft, in Atlanta in the 1970s. Sid Krofft said on Instagram that he was heartbroken by his younger brother's death, telling fans, “All of you meant the world to him." While other producers might have contented themselves with their achievements far earlier, Marty Krofft indicated to The AP in 2015 that he no had interest in stepping back from show business. “What am I gonna do — retire and watch daytime television and be dead in a month?” he asked.
Persons: — Marty Krofft, Pufnstuf, Donny, Marie ”, Krofft, Harlan Boll, Sid, Marie Osmond, Barbara Mandrell, “ Barbara Mandrell, Mandrell, , Pufnstuf ”, I’ve, ” Marty Krofft, we’d, , Marty Krofft, Richard Pryor, Sid Krofft, Organizations: Hollywood, Nickelodeon, Associated Press, Paris ” Locations: Los Angeles, Montreal, Atlanta
CNN —Marty Krofft, co-producer of iconic children’s television shows including “H.R. He along with his brother, Sid Krofft, are notorious for their work creating hit children’s television shows that spanned several generations in the 1970s. The duo was already well-known for their puppet shows when NBC asked them to produce a Saturday morning children’s series. Eventually, Marty Krofft would be referred to as the “King of Saturday Mornings.”Marty Krofft and his brother are known for creating hit children's TV shows in the 1970s. Marty Krofft is survived by brothers, Harry Krofft and Sid Krofft; his daughters Deanna Krofft-Pope, Kristina and Kendra Krofft; five grand-children; and a great-grandchild.
Persons: CNN — Marty Krofft, , Pufnstuf, , Krofft, Harlan Boll, Sid Krofft, Sid, Marty Krofft, ” Marty Krofft, ” “ Sigmund, ” “, Shrinker, Richard Nixon, Arnold Schwarzenegger, “ Donny, Marie, Brady, “ Barbara Mandrell, Mandrell, Julie, Harry Krofft, Deanna Krofft, Kristina, Kendra Krofft Organizations: CNN, NBC, Universal Pictures, CBS, Sands, ABC, Saturn, National Academy of Television Arts & Sciences Locations: , California, Los Angeles, Las Vegas, Atlanta
TV producer Marty Krofft, creator of HR Pufnstuf, dies at 86
  + stars: | 2023-11-26 | by ( ) www.reuters.com   time to read: +1 min
[1/2] Marty Krofft (C) speaks as he and brother Sid accept a Pop Culture award during their tribute at the taping of the seventh annual TV Land Awards in Los Angeles, California April 19, 2009. REUTERS/Fred Prouser/File Photo Acquire Licensing RightsNov 25 (Reuters) - Marty Krofft, who created popular children's television shows such as HR Pufnstuf and The Bugaloos, has died of kidney failure at the age of 86, his publicist Harlan Boll said on Saturday. Referred to as the "King of Saturday Mornings," Krofft rose to prominence for his work on The Banana Splits Adventure Hour before starting Sid and Marty Pictures with his brother Sid Krofft in 1969. The Krofft brothers' honours included a Lifetime Achievement Emmy Award in 2018 and a star on the Hollywood Walk of Fame in 2020. Reporting by Anirudh Saligrama in Bengaluru; Editing by Edmund KlamannOur Standards: The Thomson Reuters Trust Principles.
Persons: Marty Krofft, Sid, Fred Prouser, Harlan Boll, Marty, Sid Krofft, Sigmund, Donny, Marie Show, Brady, Anirudh, Edmund Klamann Organizations: REUTERS, Marty Pictures, Hollywood, Thomson Locations: Los Angeles , California, Bengaluru
Marty Krofft, who, with his brother Sid, created a string of television shows that captured audiences from Saturday morning to prime time, including fantastical children’s fare, like “H.R. Pufnstuf” and “Land of the Lost,” and variety shows, like “Donny and Marie,” died on Saturday in Los Angeles. But Krofft shows, which featured extravagant puppets and scenery, were often expensive to produce and sometimes had premises that could be a hard sell; one show, for instance, focused on magical, talking hats. Marty’s business acumen and ability to woo studio executives ensured that some of the strangest programs ever to appear on the small screen actually got made. “Sid was always ‘the artist,’” Marty was quoted as saying in “Pufnstuf & Other Stuff: The Weird and Wonderful World of Sid & Marty Krofft” (1998), by the critic David Martindale.
Persons: Marty Krofft, Sid, Pufnstuf, Donny, Marie, , Harlan Boll, Kroffts, “ Sid, ’ ” Marty, , Marty Krofft ”, David Martindale Locations: , Los Angeles
Alibaba Group's Hong Kong shares closed down 10%, their biggest single-day drop in more than a year. Some analysts said keeping the cloud unit could assist Alibaba's AI push. But (it) also points to the increasing importance of retaining the cloud unit given the surging demand for AI computing in China," said US Tiger Research analyst Bo Pei. Alibaba reported second-quarter revenue of 224.79 billion yuan ($31.01 billion), in line with the 224.32 billion expected by analysts, LSEG data showed. The company also said it will press ahead with a listing of Alibaba's logistics arm, Cainiao, which applied for a Hong Kong initial public offering in September.
Persons: Group's, Jon Withaar, Alibaba, Joseph Tsai, Aly, Jack Ma, Kenneth Fong, Bo Pei, Eddie Wu, Daniel Zhang, Vey, Sern Ling, Donny Kwok, Josh Ye, Casey Hall, Gu Li, Yelin, Ankur Banerjee, Anne Marie Roantree, Brenda Goh, Muralikumar Anantharaman Organizations: HK, Pictet Asset Management, Tencent Holdings, Artificial Intelligence, REUTERS, UBS, Tiger Research, Union Bancaire, Hong, Thomson Locations: HONG KONG, China, Hong Kong, Asia, U.S, Singapore, Washington, Hangzhou, Shanghai, Alibaba, Union, Yelin Mo, Beijing
The drop, potentially its biggest one-day fall in more than a year, wiped about $20 billion off the Chinese tech giant's market value. It was the first market reaction in Asia since the stunning strategy reversal was announced late on Thursday. "The cancellation of a full spin-off of AliCloud is a negative surprise," said Nomura analyst Shi Jialong in a note. The company said it will press ahead with a listing of Alibaba's logistics arm, Cainiao, which applied for a Hong Kong initial public offering in September. Reporting By Donny Kwok and Josh Ye in Hong Kong, Casey Hall and Gu Li in Shanghai; Writing by Anne Marie Roantree and Brenda Goh; Editing by Muralikumar AnantharamanOur Standards: The Thomson Reuters Trust Principles.
Persons: Aly, Group's, Nomura, Shi Jialong, Alibaba, Jack Ma, Kenneth Fong, Joseph Tsai, Bo Pei, Eddie Wu, Donny Kwok, Josh Ye, Casey Hall, Gu Li, Anne Marie Roantree, Brenda Goh, Muralikumar Organizations: Artificial Intelligence, REUTERS, Hong, Tencent Holdings, HK, UBS, Tiger Research, Thomson Locations: Shanghai, China, HONG KONG, SHANGHAI, HK, Hong Kong, Asia, AliCloud, Washington, U.S, Hangzhou, Alibaba
Providers sometimes use network slicing to improve the effectiveness of 5G networks. Here, experts advise what to do to deploy network slicing safely and efficiently. That's why 5G network providers are increasingly considering slicing their networks to ensure they serve every client correctly. There's a risk to 5G network slicingExperts have pointed out that every slice in the network can introduce risk. Despite that, the monetization opportunities from network slicing outweigh the potential drawbacks in most circumstances, which means it's likely to become commonplace.
Persons: , Kailem Anderson, There's, Alan Woodward, Woodward, Anderson, Donny Chong, Chong Organizations: Service, Blue, University of Surrey, RAN Locations: Singapore
A taxi drives in front of skyscrapers at the central business district, including AIA Central, China Construction Bank (CCB) Tower, Bank of China Tower, Cheung Kong Centre, HSBC and Standard Chartered Bank headquarters, in Hong Kong, China August 17, 2021. REUTERS/Tyrone Siu/File Photo Acquire Licensing RightsHONG KONG, Nov 2 (Reuters) - The Hong Kong Monetary Authority (HKMA) on Thursday left its base rate charged through the overnight discount window unchanged at 5.75%, tracking a move by the U.S. Federal Reserve to keep rates steady. The U.S. central bank held interest rates steady on Wednesday as policymakers paused its aggressive tightening of monetary policy to consider if conditions were restrictive enough to tame inflation. "The Hong Kong dollar exchange rate remains stable, and the Hong Kong dollar interbank rates might remain high for some time," HKMA said in a statement, adding that local financial and monetary markets continue to operate in a smooth and orderly manner. Hong Kong's monetary policy moves in lock-step with the United States as the city's currency is pegged to the greenback in a tight range of 7.75-7.85 per dollar.
Persons: Tyrone Siu, HKMA, Donny Kwok, Jacqueline Wong Organizations: AIA Central, China Construction Bank, Bank of China, Cheung, Cheung Kong Centre, HSBC, Standard Chartered Bank, REUTERS, Hong, Hong Kong Monetary Authority, U.S . Federal Reserve, Hong Kong, Thomson Locations: Cheung Kong, Hong Kong, China, HONG KONG, U.S, United States
[1/2] Hong Kong Chief Executive John Lee delivers his annual policy address at the Legislative Council in Hong Kong, China October 25, 2023. Chief Executive John Lee said Hong Kong's economy, which contracted 3.5 percent last year, would "resume growth this year" as inbound tourism and consumption improved, and unemployment fell. Hong Kong's economy grew 2.2% in the first half of the year, and is expected to grow four percent this year. "External forces continue to meddle in Hong Kong affairs," he said, without giving specifics or naming any country. Some Western governments have criticised the ongoing national security clamp down, which has led to the imprisonment of many opposition democrats and closure of liberal media outlets.
Persons: John Lee, Tyrone Siu, Hong, Lee, Hong Kong's, Clare Jim, Twinnie Siu, Jessie Pang, Donny Kwok, James Pomfret, Simon Cameron, Moore Organizations: Hong, Legislative, REUTERS, Tyrone, U.S, Thomson Locations: Hong Kong, China, HONG KONG, Hong
The logo of JD.com is seen at the China International Fair for Trade in Services (CIFTIS) in Beijing, China September 1, 2022. The brokerages and banks including Citi, Daiwa and Jefferies, which issued notes to clients on Thursday and Friday with the revised estimates. Shares in JD.com, which is also China's largest home appliance retailer, closed at their lowest level since their June 2020 debut. Citi Research lowered its revenue assumption for JD.com by 3.4% and 4.3% for the third and fourth quarter, saying that it now estimates 0.8% and 1.3% growth respectively. JD.com is China's leading online platform for sales of digital and electronics products, such as mobile phones and domestic electrical appliances.
Persons: Florence, JD.com, Nomura, Sophie Yu, Donny Kwok, Brenda Goh Organizations: Fair for Trade, Services, REUTERS, Rights, Citi, Daiwa, Jefferies, Citi Research, Alibaba, HK, PDD, Thomson Locations: Beijing, China, Rights BEIJING, HK, Hong Kong, United States, JD.com, BEIJING, HONG KONG
Evergrande shares volatile as trade resumes amid chairman probe
  + stars: | 2023-10-03 | by ( ) www.reuters.com   time to read: +2 min
HONG KONG, Oct 3 (Reuters) - Shares of China Evergrande (3333.HK) jumped as much as 42% in volatile trade on Tuesday, days after the embattled developer said its billionaire founder was being investigated over unspecified crimes. Evergrande's stock was suspended last Thursday after a report that its chairman and founder had been placed under police surveillance. "There is currently no other inside information in relation to the company that needs to be disclosed," Evergrande said in a statement late on Monday. The clock is ticking for Evergrande to get creditors' approval for restructuring its offshore debt. With the latest setbacks, some analysts say the debt restructuring plan now looks set to falter and that the risks of the company being liquidated are increasing.
Persons: Hui, Evergrande, Donny Kwok, Anne Marie Roantree, Muralikumar Anantharaman Organizations: China, HK, Reuters, Thomson Locations: HONG KONG, China, Lincoln
HONG KONG/BEIJING, Sept 28 (Reuters) - China Evergrande Group's (3333.HK) founder is being investigated over suspected "illegal crimes", the embattled developer said on Thursday, as creditors become increasingly concerned about the group's prospects amid an uncertain debt revamp plan and liquidation risk. Evergrande has been working to get creditors' approval for restructuring its offshore debt. The offshore debt restructuring plan now looks set to falter and the risks of the company being liquidated are rising, some analysts said. An Evergrande sign is seen near residential buildings at an Evergrande residential complex in Beijing, China September 27, 2023. "We believe that Evergrande's debt turmoil has had a great turmoil and negative impact on the global economy, and the things behind it are not simple."
Persons: Hui Ka Yan, Evergrande, Hui, Gary Ng, Ng, Florence Lo, They've, Christopher Beddor, Yan Yuejin, Saxo, Redmond Wong, Upasana Singh, Donny Kwok, Scott Murdoch, Ziyi Tang, Anne Marie Roantree, Sumeet Chatterjee, Kim Coghill, Shri Navaratnam, Lincoln, Miral Fahmy, Susan Fenton Organizations: HK, Trading, Asia Pacific, Reuters, REUTERS, Evergrande, China Research, Development Institution, Buyers, China Market, Thomson Locations: HONG KONG, BEIJING, China, Asia, Beijing, Evergrande, Shanghai, Bengaluru, Hong Kong, Sydney
An Evergrande sign is seen near residential buildings at an Evergrande residential complex in Beijing, China September 27, 2023. Evergrande has been working to get creditors' approval for restructuring its offshore debt. The offshore debt restructuring plan now looks set to falter and the risks of the company being liquidated are rising, some analysts said. The company shares ended down 19% on Wednesday in the Hong Kong market, taking their losses to 81% since the resumption of trading in late August after a 17-month suspension. The recent regulatory easing may stabilize the housing market in the world's second-largest economy to some extent, Saxo Greater China Market Strategist Redmond Wong wrote in a research note.
Persons: Florence Lo, Hui Ka Yan, Hui, Evergrande, Gary Ng, Ng, Redmond Wong, Donny Kwok, Scott Murdoch, Ziyi Tang, Anne Marie Roantree, Sumeet Chatterjee, Kim Coghill, Shri Navaratnam Organizations: REUTERS, China Evergrande, HK, Bloomberg, Reuters, Asia Pacific, China Market, Thomson Locations: Beijing, China, HONG KONG, China's, Evergrande, Asia, Hong Kong, Saxo, Sydney, Lincoln
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