Hong Kong freezes media tycoon Jimmy Lai's assets

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Lau was jailed last month for taking part in the 2019 pro-democracy protests. FMTNews

Tycoon Jimmy Lai’s Apple Daily newspaper has staunchly backed Hong Kong’s pro-democracy cause.

The security bureau said it had issued an order to freeze Lai’s shares in Next Digital media group and “the property in the local bank accounts of three companies owned by him”. His Apple Daily newspaper has staunchly backed Hong Kong’s pro-democracy cause, including the huge and often violent protests that swept the international financial hub in 2019.

 

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