- June 22, 2021
- Posted by: Stratford Team
- Category: Business
People discuss the news of the Apple Daily newspaper at a newspaper stall after it looked set to close for good by Saturday following police raids and the arrest of executives in Hong Kong, China June 22, 2021.
HONG KONG, June 22 (Reuters Breakingviews) – Apple Daily, a pro-democracy Hong Kong tabloid published by Next Digital (0282.HK), could be effectively bankrupted read more in the name of national security. Founder Jimmy Lai, who’s being honoured with a press freedom award, already sits in prison for attending unauthorised protests. Numerous other top executives also have been arrested.
There are two causes for concern. First, the National Security Law appears to be being applied retroactively to articles and behaviour prior to its enactment. So while Hong Kong leader Carrie Lam’s administration may try to reassure about press freedom, it cannot credibly promise that future laws won’t punish behaviour that’s legal today. Second, crippling…