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Reuters: Li Zhiying consultant Mark Simon said "Apple" may be forced to stop operation within a few days

2021-06-25T22:10:59.189Z


On Thursday (17th), the police arrested five senior officials of Next Media, including the editor-in-chief of Apple Daily, for allegedly violating the "Minato National Security Law". The Security Bureau also frozen the assets of three companies related to "Apple", a total of 1,800


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Author: Xie Yuanzhang

2021-06-21 08:30

Last update date: 2021-06-21 08:33

On Thursday (17th), the police arrested five senior officials of Next Media, including the editor-in-chief of Apple Daily, for allegedly violating the "Minato National Security Law". The Security Bureau also frozen the assets of three companies related to "Apple", totaling 18 million yuan. , For a period of two years.

"Apple Daily" has continued to publish newspapers recently. However, Li Zhiying’s assistant and consultant Mark Simon told Reuters today (21) that since the Security Bureau has frozen the assets of three companies, it is believed that "Apple" was forced to cease operations within "a few days."的事" (in a matter of days).

Mark Simon, who lives in the United States, also pointed out that the "Apple Daily" has no way to obtain more funds. The company will hold a board meeting today (21) to discuss how to take the next step.

Bloomberg earlier quoted news that Apple Daily’s funds are only sufficient for normal operation for a few weeks. In order to continue printing and pay employees’ salaries, it is considering requesting the court to lift the freezing of funds, and is studying the use of Taiwan business to manage electronic donations. Use PayPal for crowdfunding.

The news continued that the management was also reviewing materials such as ink and paper in the printing plant. After several banks indicated that they would not process the company's bank accounts, it was unknown whether the supplier would continue to cooperate or whether it would continue to pay employees' salaries.

Although Next Media still has more than 500 million yuan in cash, Bloomberg News said that it is currently uncertain whether the Security Bureau and the court can successfully withdraw and use the relevant funds under the order of the National Security Law.

01News

Bloomberg quoted news: "Apple Daily" funds only enough to run for a few weeks, intends to borrow Taiwan business crowdfunding

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[Pictures] "Apple Daily" published as usual plus printed to 500,000 copies of citizens queuing to buy in the early morning

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Source: hk1

All news articles on 2021-06-25

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