Hong Kong's Apple Daily says only has cash for few weeks after assets frozen

  • 📰 Reuters
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 97%

United States Headlines News

United States Latest News,United States Headlines

Hong Kong's pro-democracy tabloid Apple Daily said on Sunday the freezing of its assets in a national security probe had left the newspaper with cash for 'only a few weeks' of normal operations and it may struggle to pay staff wages.

An employee walks at the offices of Apple Daily and Next Media after police raided the newsroom, in Hong Kong, China June 17, 2021. REUTERS/Lam Yik

The newspaper, whose chief editor and chief executive have been detained under the new security law and whose offices were raided by 500 police officers on Thursday, said the announcement was made in a management meeting on Friday. Apple Daily plans to ask the government's Security Bureau to unfreeze the assets on Monday and failing that attempt, it may look to challenge the decision in court, the newspaper reported.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

kerokero_HKer Hongkonger & many Freedom fighters are under HumanitarianCrisis now :( But HKer never surrender! Still fighting for justice, truth & HumanRight & democracy! Dear world, StandWithHK! SOSHK FreeHK LiberateHK CCP_is_terrorist AntiChinazi HongKong HongKongNeedsHelp

HongKonger support appledaily_hk Fragile regime is afraid of TRUTH. They just want to establish their own ministry of TRUTH. So called 'free market' in this intl city is just a trap to force the companies which don't listen to them to be bankrupt. CCP_is_terrorist

What you expect when you break the law?

RIP Apple Daily. Staffed and led by true heroes. FreeHK EvilCCP Chinazi

When a tabloid becomes mainstream political outlet, something is really wrong about it, who’s behind it? Who’s funding it? What propaganda is it aiming for? Questions people ought to ask.

goodnews

BAD NEWS

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Hong Kong court holds first hearing for Apple Daily execsThe top editor of Hong Kong's Apple Daily pro-democracy newspaper and the head of its parent company were brought to a courthouse Saturday for their first hearing since their arrest under the city's national security law. Ryan Law, the chief editor, and Cheung Kim-hung, the CEO of Next Digital, arrived in an unmarked white van with covered windows. Three others also arrested Thursday — two Apple Daily senior editors and another executive — have not been charged yet and were released on bail late Friday pending further investigation. HK Court….😂😂🤣🤣😂😂
Source: YahooNews - 🏆 380. / 59 Read more »

U.N. decries 'further chilling message' for Hong Kong media freedomThe Hong Kong police raid at pro-democracy tabloid Apple Daily 'sends a further chilling message for media freedom', the chief U.N. human rights spokesperson told Reuters on Friday. Is this really news? There is no freedom of speech in China. horrible Refuse to mafia movies, plastic clothes, high risk fund, Tattoos people, gangsters, stinking meat.
Source: Reuters - 🏆 2. / 97 Read more »

Media execs charged with national security law denied bail in Hong KongChief editor Ryan Law and CEO Cheung Kim-hung are accused of colluding with foreign forces to undermine China's national security over a series of articles that police said called for international sanctions.
Source: trtworld - 🏆 101. / 63 Read more »

Taiwan to 'adjust' Hong Kong office operations in 'one China' rowTaiwan will 'adjust' the operations of its representative office in Hong Kong after the government there demanded its officials sign a document supporting Beijing's claim to Taiwan under its 'one China' policy, the island's government said on Sunday. wow 哈哈哈哈哈哈哈哈,香港、澳门官方都撤出台湾了,台湾的安排是马后炮。路透社显然因果颠倒了 Time to unify Taiwan province of China
Source: Reuters - 🏆 2. / 97 Read more »

Press to exit: Hong Kong’s media arrestsThe raid of an outspoken pro-democracy newspaper, carried out under the city’s newish security law, has further spooked its media outlets. We ask what remains of press freedom. Our correspondent visits Europe’s and Africa’s largest slums to see how a grinding pandemic has affected their residents. And how Somaliland’s curious, silent camel-trading method is changing. For full access to print, digital and audio editions of The Economist, subscribe here www.economist.com/intelligenceoffer See acast.com/privacy for privacy and opt-out information.
Source: TheEconomist - 🏆 6. / 92 Read more »

Press to exit: Hong Kong’s media arrestsThe raid of an outspoken pro-democracy newspaper, carried out under the city’s newish security law, has further spooked its media outlets. We ask what remains of press freedom. Our correspondent visits Europe’s and Africa’s largest slums to see how a grinding pandemic has affected their residents. And how Somaliland’s curious, silent camel-trading method is changing. For full access to print, digital and audio editions of The Economist, subscribe here www.economist.com/intelligenceoffer See acast.com/privacy for privacy and opt-out information.
Source: TheEconomist - 🏆 6. / 92 Read more »