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HK police freeze Jimmy Lai's Next Digital shares, bank assets estimated at HK$300m


CHINA / SOCIETY
By Global Times Published: May 14, 2021 08:16 PM
Hong Kong police officers escort media tycoon Jimmy Lai Chee-ying after his arrest on Monday. Photo: Xinhua
The Hong Kong Security Bureau has frozen all of media tycoon Jimmy Lai Chee-ying s shares in his Next Digital media company and his other bank assets under the national security law for Hong Kong, which was more than HK$300 million ($38.6 million) as estimated by some media.
According to Hong Kong Exchanges and Clearing, Lai held 71.26 percent of Next Digital s shares as of Friday. 
According to the website of the Hong Kong government, Hong Kong police froze all the shares of Next Digital held by Lai, and the property in the local bank accounts of three companies owned by him. ....

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