Citizen News To Close On Tuesday
"); jQuery("#212 h3").html("
"); });
2022-01-02 HKT 22:17
Share this story
Online news outlet Citizen News on Sunday said it will cease operations starting from Tuesday.
The announcement comes four days after Stand News announced that it was ceasing all operations on Wednesday, following a police raid on its office which saw seven people linked to the media outlet arrested.
In a Facebook post, the online media founded in 2017 said "drastic changes" in society and a "worsening media environment" in the past years have made it unable to achieve its mission without worries and concerns.
Describing itself as a small boat in a storm, Citizen News said it must ensure the safety of everyone on the boat.
It says its website will stop updating from Tuesday and will close down some time later. The news outlet also thanked its readers for their support.
ZA Bank Brings Nasdaq Data To Hong Kong, Expanding US Stock Access And Investor Education
ZA Bank and Nasdaq have announced a collaboration aimed at enhancing digital wealth management in Hong Kong and interna... Read more
Hong Kong To Study One‑Stop Infrastructure For Equities, Bonds And Digital Assets
The Hong Kong Monetary Authority’s (HKMA) CMU OmniClear and the Hong Kong Exchange (HKEX) are set to begin a study on... Read more
Hong Kong To Issue First Stablecoin Licenses In March, Expand Crypto Regulation
Hong Kong will issue its first licenses for fiat-referenced stablecoin issuers in March and introduce new legislation l... Read more
MSIG Joins US$6B IFC Credit Insurance Facility To Boost Emerging Market Lending
MSIG USA and Mitsui Sumitomo Insurance (MSI Japan), together referred to as MSIG, have joined a new insurance-ba... Read more
Why The $2 Trillion Stablecoin Prediction Is Too Low
McKinsey estimates the stablecoin market will hit $2 trillion by 2028. But according to Sam Lin, COO of dtcpay, even th... Read more
RedotPay Eyes US IPO With Potential US$1 Billion Raise
RedotPay is reportedly exploring an IPO in the US that could raise more than US$1 billion, according to people famili... Read more