Next Digital chairman Jimmy Lai leaves Mong Kok police station after being released on bail on August 12. Photo: Bloomberg Next Digital chairman Jimmy Lai leaves Mong Kok police station after being released on bail on August 12. Photo: Bloomberg
Next Digital chairman Jimmy Lai leaves Mong Kok police station after being released on bail on August 12. Photo: Bloomberg
Richard Harris
Opinion

Opinion

The View by Richard Harris

Why the extraordinary Next Digital share price surge after Apple Daily’s Jimmy Lai was arrested?

  • The market narratives surrounding the move have been confused, implausible and unconvincing. Rumours of pro-democrat or American support make no sense, given the numbers. Could it be a surge of mainland money in anticipation of a TikTok-style sell-off?

Next Digital chairman Jimmy Lai leaves Mong Kok police station after being released on bail on August 12. Photo: Bloomberg Next Digital chairman Jimmy Lai leaves Mong Kok police station after being released on bail on August 12. Photo: Bloomberg
Next Digital chairman Jimmy Lai leaves Mong Kok police station after being released on bail on August 12. Photo: Bloomberg
READ FULL ARTICLE
Richard Harris

Richard Harris

Richard has pioneered Asian investment management at senior levels for companies such as JP Morgan, Citi, BNY Mellon and several start-ups. He has 40 years of experience in a full range of investment and capital markets activities. He is CEO of Port Shelter Investment Management.