HONG KONG (Bloomberg): Next Digital Ltd, which is owned by now-jailed media tycoon and activist Jimmy Lai, said the firm isn’t ceasing operations and apologized to staff for an earlier "wrong message, ” according to an internal memo seen by Bloomberg.
On Wednesday (June 30), the listed Hong Kong company sent employees a memo saying it would cease operations on July 1. Next Digital is the publisher of the pro-democracy newspaper Apple Daily, which closed last week after Hong Kong authorities used a China-imposed national security law to arrest top editors and executives.
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