Next Digital trading halted after Jimmy Lai’s assets frozen
Associated Press, 17 May 2021
Hong Kong – The Hong Kong stock exchange halted trading of Next Digital shares Monday at the media company’s request after authorities froze assets belonging to its founder, Jimmy Lai, who has been a high-profile voice in the the territory’s pro-democracy movement.
Later in the day, the media tycoon and nine other pro-democracy activists pleaded guilty to taking part in an unlawful assembly in 2019. Lai is already serving a 14-month sentence for his role in two other unauthorized assemblies during a period when Hong Kong residents were involved in mass anti-government protests. Continue reading “Article: Next Digital trading halted after Jimmy Lai’s assets frozen”
