Hong Kong media giant soars 344 percent as Lai arrest spurs activists

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HONG KONG - Shares in a Hong Kong media group critical of Beijing soared more than 300 percent on Monday as democracy activists hit social media urging investors to support the media company after its

owner was arrested under the city's new security law.

Some 200 police officers then raided Next Digital's offices, bringing a handcuffed Lai along with them, in images that were broadcast live by his own employees. The spike came after calls went out on Facebook and other social media platforms for people to buy shares.

 

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