HKSE suspends trading in Jimmy Lai s company
ANI
17 May 2021, 14:18 GMT+10
Hong Kong, May 17 (ANI): The Hong Kong Stock Exchange temporarily suspended trading of shares belonging to jailed media tycoon Jimmy Lai s Next Digital before the market opening on Monday, two days after the Security Bureau froze nearly HKD 500 million of his assets.
The temporary suspension was revealed just before Lai, who is facing charges under the draconian Beijing-imposed national security law, arrived at court to face unauthorised assembly charges relating to a 2019 anti-government protest, according to South China Morning Post (SCMP).
The trading in Next Digital shares was temporarily suspended from 9 am, as per the Hong Kong Exchanges and Clearing website. Lai holds 71.26 per cent of shares in the company, which publishes local tabloid-style newspaper Apple Daily.
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