People queuing up at a news stand to buy copies of Apple Daily at a downtown street in Hong Kong Tuesday, Aug. 11, 2020, as a show of support, a day after the arrest of its founder Jimmy Lai. Hong Kong authorities arrested media tycoon Jimmy Lai on Monday, broadening their enforcement of a new national security law and stoking fears of a crackdown on the semi-autonomous region's free press. - AP
Hong Kong, Aug 11, 2020 (AFP): Shares in the parent company of a Hong Kong pro-democracy newspaper have skyrocketed nine-fold since its owner was arrested, after enjoying another blockbuster surge Tuesday as activists threw their support behind him.
Next Digital, the media group owned by tycoon Jimmy Lai and which runs the tabloid Apple Daily, rose 214 per cent to HK$0.80 in the morning on Tuesday -- meaning it has risen 788 percent since trading began on Monday at HK$0.09.
Limited time offer:
Just RM5 per month.
