ltancy, said: “The lawsuit against Liu will bring damages to the image and reputation of JD, hav
e an impact on investors’ confidence, and cause fluctuations in its share price. Moreover, emp
loyees’ trust in the company may also be affected as the Beijing-based tech heavyweight is laying off staff to cut costs.”
Shen Meng, director of boutique investment bank Chanson & Co, said Liu’s case won’t chan
ge his actual control over JD, which is now making some innovations to reassure investors. Liu owns
15.8 percent of JD’s stock and controls nearly 80 percent of the company’s voting rights.
Liu was detained in Minneapolis, Minnesota, on suspicion of criminal sexual c
onduct on Aug 31 and later released without charge or bail. He returned to China on Sept 3.
In December, Hennepin County Attorney’s Office, the prosecutorial office handling the case announced that no sexual as
sault charges would be brought against Liu as prosecutors could not prove his guilt beyond reasonable doubt.
Like Gray, more women and men in the US are single — more than 45 percent of all Americans age 18 or older, the US Census Bur
eau reported in 2017 — and the number of single households around the world also is increasing.
Singles make up about 14.6 percent — about 200 million — of Chi
na’s population, the largest singles population in the world, People’s Daily reported.
Sweden has the highest rate of people staying single, 51 percen
t of all households, according to 2017 data from the European Union’s Eurostat.
Sweden is followed by Denmark, Finland and Germany, which all have more than 40 percent one-person households.
The never-married population age 16 years and over in England a
nd Wales increased by 3.9 million from 2002 to 2017, while the number of married pe
ple increased only by 1.2 million during the same period, UK Census reported.