HONG KONG: Hong Kong's pro-democracy tabloid Apple Daily warned on Monday (Jun 21) it is unable to pay staff and is at imminent risk of closure ...
Mark Simon, an aide to Lai, said the freeze order by the city's security chief last week had crippled the newspaper's ability to do business.
Lam Man-chung, executive chief editor of Apple Daily, told AFP that the media group's board was meeting on Monday. But it is the use of the law's powerful financial freezing tools that looks set to permanently put Apple Daily out of commission.The law, written in Beijing and imposed on Hong Kong last June, allows authorities to freeze assets of any individual or company in the international business hub that is deemed to be a security threat.
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