Apple Daily One of the most important newspapers in circulation Hang Cong– This Monday’s report, a few days after the former British colony officials froze, they can decide to stop publishing over the weekend HK $ 18 million Its assets after being accused of violating the media National Security Act.
The newspaper belongs to the media mogul Jimmy Loy Imprisoned by the end of the Chinese regime – he explained that the last content update of his website would take place from Friday to Saturday at midnight, the day the last printed copies would be released.
According to the internal memorandum of access to the agency Bloomberg, These activities are subject to the release of these funds, which have been blocked in recent days, arresting some directors of the media they own. Loy, As head teacher Apple Daily Ryan Law.
“If the company closes on Friday and decides to lay off employees, there may still be one month’s salary, but no one can guarantee that. The company wants everyone to stay until the last, but the risks are unpredictable. Everyone has to make their own decisions”, Says the text.
One of the main advisors of Loy, Mark Simon, Has confirmed it Apple Daily There is no funding to continue publishing, so “You will have to close your print and digital businessesFinally if the Hong Kong authorities do not allow access to that money.
Simon He also revealed that private companies negotiating with the media had tried to inject capital, but the measures had been canceled. “The government decides Apple Daily Stay or go. Once they release us, who is next?”, It has been asked.
Last Friday, the newspaper had 500,000 copies in circulation with eight pages featuring arrests and raids, compared to 80,000 copies sold the previous day.
Police have charged ”Newspaper“From”Undermining national security“, One exemplifies thirty articles Apple Daily, The majority of comments or comment articles in which restrictions were requested Hang Cong Y China.
Hang Cong More than 10,000 were detained in the structure of the protests against the regime Xi Jinping This happened in 2019. The riots led to a National Security Act passed by the Chinese parliament in June 2020. One of the prisoners Loy, He is serving a prison sentence for participating in these demonstrations and other crimes.
(With information from Europa Press and Bloomberg) .-