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


Source: sharenet.co.za sharenet.co.za

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Trading in Next Digital suspended after assets of Hong Kong tycoon Jimmy Lai frozen (Adds details on Lai's national security law charges, previous story in this series was slugged HONGKONG-SECURITY/NEXT DIGITAL) HONG KONG, May 17 (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...