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Next Digital (formerly Next Media) was founded by high profile businessman Jimmy Lai, known for his support for democracy and criticism of China. It introduced tabloid-style journalism into Hong Kong and Taiwan, with the hugely successful Apple Daily. The group made a rare misstep by entering Taiwan’s saturated broadcasting market. In October 2012 it agreed to sell its loss-making Taiwan TV unit and to terminate its video-on-demand (VOD) services, but the deal fell through in March 2013.
It may be time for city regulators to extend current circuit breaker in wake of the GameStop shares fiasco on Wall Street.
- Former Apple Daily executive Chan Pui-man pushes back against defence’s argument that tabloid tycoon focused on management aspect of newspaper
- ‘So, in the end, we had to see how Mr Lai set the tone for things,’ Chan tells courts on 35th day of high-profile trial
Cheung Kim-hung, former publisher of now-closed Apple Daily newspaper, tells court he opted to testify against former boss to ‘tell the truth’.
Cheung Kim-hung’s sworn statement in 2021 runs contrary to his court testimony that Apple Daily ‘strictly adhered to the principle of editorial independence,’ defence says.
Jimmy Lai’s legal team says the first major prosecution witness, former Apple Daily publisher Cheung Kim-hung, can provide testimony for the prosecution before Robert Pang cross-examines him.
Hong Kong actress Yammie Lam rose to prominence in the 1980s but was dogged by tabloid newspapers and suffered personal blows that saw her career cut short. She died unexpectedly aged just 55 in 2018.
Next Digital, the media company founded by jailed tycoon Jimmy Lai Chee-ying, will be delisted from the Hong Kong stock exchange on January 12, a year and a half after the closure of its flagship newspaper Apple Daily.
US State Department spokesman calls verdict ‘grossly unjust outcome’ and asks central government to respect ‘freedom of expression’.
District Court sentences Jimmy Lai, 75, after tycoon was earlier found guilty of two counts of fraud.
Judge tells Lai, 74, that ban on direction and management of businesses could be in addition to jail time.
High Court records first convictions of news editors and media directors under Beijing-imposed legislation since it took effect in June 2020.
Beijing hits back after US criticises media tycoon Jimmy Lai’s fraud conviction and ‘deterioration in protection for human rights’.
China’s foreign ministry office in Hong Kong accuses US politicians of having ‘sinister intentions’ for city and call bipartisan statement proof of American collusion with newspaper owner Jimmy Lai.
Hong Kong media tycoon Jimmy Lai, 74, was accused of covering up operations of Dico Consultants at Apple Daily’s headquarters in breach of its land lease conditions.
High Court judge hand-picked by city leader to oversee national security cases rules that the force is entitled to seize what would have been considered privileged material under common law.
Lawyers for Lai and ex-Next Digital executive say firm’s violation of lease terms and defendants’ failure to disclose breach not enough to prove they intended to deceive.
Royston Chow, former senior executive of Next Digital, agrees to help prosecutors secure conviction of tycoon and former colleague, in return for exemption from criminal liability.
By surrendering the files to police, liquidators of his Next Digital firm could end up giving prosecutors additional evidence.
Apple Daily Limited, Apple Daily Printing Limited and AD Internet Limited have all been charged with sedition as part of an ongoing national security law case.
Kenny Wee says he is the sole owner of the company hoping to own the Taipei-based news site
The new charge alleges that the defendants conspired to print, publish, sell, offer for sale, distribute, display or reproduce seditious publications.
Hong Kong liquidator for owner Next Digital, founded by jailed tycoon Jimmy Lai, is negotiating with potential buyers for Taiwan’s Apple Online, latter says.
High Court makes order after government petitioned to close the 40-year-old company on public interest grounds.
The Financial Reporting Council previously only announced the results of its investigations, but has in recent months made the public aware that it was initiating probes into the financial reports and auditors of companies such as China Evergrande Group, Next Digital and Convoy Global Holdings.
Statements from the two governments criticising the national security law and condemning Apple Daily’s closure were evidence of collusion, prosecutors argued.
Judge grants application from financial secretary to appoint pair from Ernst & Young Transactions ahead of winding-up petition hearing in December.
The six senior executives of the now-defunct newspaper are charged under Hong Kong’s national security law with colluding with foreign forces.
Financial secretary applies to court for permission to close down publisher of defunct Apple Daily, a move authorities say is in the public interest.
The seizure marks the most dramatic action since Chan was appointed on July 28 by Hong Kong’s Financial Secretary Paul Chan Mo-po to look into allegations of illegal and fraudulent activities.
Lai’s lawyers had urged the move so he could vote on his company’s liquidation, but authorities warned doing so could pose national security risk.
Security minister Chris Tang issues the order under national security law, accusing printing house of being an asset linked to criminality.
