Court Orders Winding Up Of Next Digital

"); jQuery("#212 h3").html("

Related News Programmes

"); });

2021-12-15 HKT 11:18

Share this story

facebook

  • The High Court has ordered the winding up of Next Digital, the parent company of Apple Daily. File photo: AP

    The High Court has ordered the winding up of Next Digital, the parent company of Apple Daily. File photo: AP

The High Court has granted the government's request to wind up Next Digital, the parent company of Apple Daily.

Financial Secretary Paul Chan had said in a bid he submitted in September that it was in the public interest to wind up the company, which is listed on the Hong Kong stock exchange.

Master Jack Wong approved Chan's application at a court hearing on Wednesday.

Apple Daily printed its final edition in June after the company's assets were frozen due to a national security probe.

The newspaper, its founder Jimmy Lai and six former senior executives are all charged with colluding with foreign forces

RECENT NEWS

Vietnam And South Korea Launch Cross-Border QR Payments

Vietnam and South Korea have launched cross-border QR payments that allow Korean users to pay merchants in Vietnam thro... Read more

WeChat Pay Integrates With Local QR Networks In 5 Asian Countries

WeChat Pay has integrated its service with national QR code networks in five Asian countries, simplifying cross-border ... Read more

Global Transition Finance Ecosystem Gains Momentum

The global transition finance ecosystem is gaining momentum. According to new research by the Hong Kong Institute for M... Read more

Banking Circle Taps PayGate To Ease KRW Cross-Border Payments Into South Korea

Global payments bank Banking Circle will now handle cross-border transactions and settlement flows for South Korean pay... Read more

Equinix AI Discovery Hub Opens In Hong Kong For Enterprise AI

Digital infrastructure company Equinix is partnering with Hewlett Packard Enterprise (HPE) to launch the Equinix AI Dis... Read more

Tencent, Alibaba Eye DeepSeek Stake As AI Startup Tops US$20B Valuation

Chinese tech giants Tencent and Alibaba are in discussions to invest in AI startup DeepSeek, The Information reported, ... Read more