News Snapshot:
Directing the powers of the security law to a listed company for the first time can have consequences on the sentiment for investors in the city. Hong Kong authorities have frozen the assets of jailed media mogul Jimmy Lai, including all of his company’s Next Digital shares – the first time a listed company has been targeted by national security laws at a financial center. The target assets also included bank accounts of three Lai-owned companies, Hong Kong Security Secretary John Lee Hong Kong said in a government document. In a statement issued after the market closed in February, Lee...
