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Toward the end of trading Thursday, the Dow traded up 0.25% to 34,531.98 while the NASDAQ rose 0.72% to 14,011.75. The S&P also rose, gaining 0.51% to ...
HK security dept annuls voting rights of Next Digital's imprisoned owner FILE PHOTO: Media mogul Jimmy Lai, founder of Apple Daily, arrives the Court of Final Appeal by prison van in Hong Kong, China February 1, 2021. REUTERS/Tyrone Siu reuters_tickers This content was published on June 1, 2021 - 11:20 June 1, 2021 - 11:20 (Reuters) -Media publisher Next Digital Ltd said on Tuesday Hong Kong's National Security Department confirmed its founder and controlling shareholder, jailed tycoon Jimmy Lai, must not exercise voting rights on shares held by him. Lai, who owns a 71.26% stake in Next Digit...
According to letters seen by Bloomberg News, HSBC and Citi will "impose a fine and a seven-year prison sentence" for violating the directive.Hong Kong
HSBC and Citi bankers ignoring the directive could see seven years in jail, according to Bloomberg News.
Next Digital Says Laiâs Frozen Assets Have No âNegative Effectâ May 26 2021, 8:03 PM May 26 2021, 6:52 PM May 26 2021, 8:03 PM (Bloomberg) -- Next Digital Ltd., the embattled media company controlled by Jimmy Lai, said Wednesday a freeze of the pro-democracy activistâs assets wonât have an impact on its operations or finances. The company applied for shares to resume trading Thursday. (Bloomberg) -- Next Digital Ltd., the embattled media company controlled by Jimmy Lai, said Wednesday a freeze of the pro-democracy activistâs assets wonât have an impact on it...