Hong Kong freezes shares of media tycoon Lai under security law


Source: timesofnews.com timesofnews.com

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Hong Kong freezes shares of media tycoon Lai under security law Hong Kong freezes shares of media tycoon Lai under security law Hong Kong authorities have frozen assets belonging to jailed media tycoon Jimmy Lai, including all shares in his company, Next Digital – the first time a listed firm has been targeted by national security laws in the financial hub. Also among assets targeted were the local bank accounts of three companies owned by Lai, Hong Kong’s Secretary for Security John Lee said in a government statement. The statement, issued after the market close on Friday, said Lee had...