Hong Kong Frozen Media Tycoon Li’s Shares Under Security Law Business Wire Hong Kong Protest News


Source: justicenewsflash.com justicenewsflash.com

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World News by Justice News Flash Report Using the power of securities laws to target a listed company for the first time may have an impact on investor sentiment in the city. The Hong Kong authorities have frozen the assets of the jailed media tycoon Li Meimei, including all shares in his company Next Digital. This is the first time that a listed company has been attacked by the National Security Law of the Financial Center. In a government statement, Hong Kong Security Service Director John Lee said that among the target assets are the local bank accounts of three...