Next Digital : Trading in Next Digital suspended after assets of Hong Kong tycoon Jimmy Lai frozen


Source: marketscreener.com marketscreener.com

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HONG KONG (Reuters) - Trading in shares of Next Digital Ltd was suspended on Monday, after Hong Kong authorities said last week they had frozen assets belonging to jailed owner Jimmy Lai, including his stake in the firm. Next Digital said the shares would remain on a trading halt ahead of a company announcement regarding the freeze in the tycoon's assets - the first time a listed firm has been targeted by national security laws in the financial hub. The move against his assets raises worries about the future of Next Digital, which he has been financing with loans, and...