HK tycoon asset freeze a warning to global investors, says Taiwan


Source: freemalaysiatoday.com freemalaysiatoday.com

Key Topics in this News Article:

News Snapshot:

HK tycoon asset freeze a warning to global investors, says Taiwan By - May 15, 2021 2:29 PM The freeze includes Jimmy Lai’s Next Digital, the first time a listed firm has been targeted by national security laws. (AP pic) TAIPEI: Taiwan warned on Saturday that Hong Kong’s decision to freeze assets belonging to jailed media tycoon Jimmy Lai was a sign to the international community that doing business in the Chinese-controlled city was becoming increasingly risky. The asset freeze, announced on Friday, includes all shares in his company, Next Digital – the first time a listed firm has been...