Hong Kong: Media Tycoon and Apple Daily Owner Jimmy Lai Arrested

Hong Kong police arrested media tycoon Jimmy Lai and raided the offices of his flagship newspaper, the highest-profile case yet against the city’s democracy activists under a national security law that has fueled U.S.-China tensions.

Lai was shown handcuffed as he was taken away by officers from his home on Monday morning. When a reporter asked Lai for his views on the arrest, he answered: “What views do I have? They want to arrest me.”

Apple Daily, which is under Lai’s media network Next Digital Ltd. and the biggest pro-democracy paper in Hong Kong, reported that nearly 200 officers were entering its offices. Police said on Facebook that they had obtained a court-issued search warrant to enter a building in Tseung Kwan O — where Next Digital’s offices are located — to investigate crimes endangering national security. They did not mention Apple Daily in the post.

Police said seven people ages 39 to 72 were arrested on suspicion of “breaches” of the security legislation, with offenses including collusion with a foreign country or external elements to endanger national security. An investigation is underway, they said, without naming any of the people.

Those arrested include Lai, his sons Ian and Timothy, Next Digital Chief Executive Cheung Kim Hung, Chief Operating Officer and Chief Financial Officer Royston Chow Tat Kuen and the Chief Executive of Next Animation Studio, Kith Ng, according to a police officer who asked not to be identified.

Research from the Chinese University of Hong Kong said last year that Apple Daily had the biggest market share in both print and online platforms among the city’s paid newspapers.

Police took away some 25 boxes of evidence for preliminary investigation, said Li Kwai-wah, senior superintendent of the police force’s national security department. He said the floor where the assignment and reporting desks are located was searched, as one of the people arrested had an office there.

Lai was shown being walked around the Apple Daily office in the Next Digital live feed, and said police had showed him the warrant.

Shares in Next Digital rose as much as 344% to HK$0.40 in afternoon trading on heavy volume, reversing a morning decline that saw them slide to the lowest level on record following reports of the arrests. The surge came after pro-democracy supporters took to social media and urged people to buy the company’s stock.

The security legislation, which bars subversion, secession, terrorism and collusion with foreign forces, has prompted fears among activists and foreign governments that it will be used to curtail basic freedoms.

“With the passage of the national security law, Beijing has launched a full-blown rectification of Hong Kong,” said Carl Minzner, a law professor at Fordham Law School and author of “End of an Era: How China’s Authoritarian Revival is Undermining Its Rise.” “The ultimate goal is the ‘mainland-ization‘ of Hong Kong — welding it more tightly to China and neutering all political and social elements that Party authorities view as problematic.”

The U.S. has led foreign governments in expressing concern over the law, saying Hong Kong could no longer be considered sufficiently autonomous. It has revoked some special trading privileges, which help underpin the city’s reputation as a business hub, and sanctioned officials including Chief Executive Carrie Lam.

The U.S. reacted strongly after Hong Kong barred a dozen pro-democracy lawmakers from campaigning for office and then delayed by a year legislative elections scheduled for September. The Standing Committee of the National People’s Congress, China’s top legislative body, is meeting in Beijing and expected to discuss issues arising from the postponement this week.

Subscribe to our YouTube channel: https://bit.ly/2TwO8Gm

QUICKTAKE ON SOCIAL:
Follow QuickTake on Twitter: twitter.com/quicktake
Like QuickTake on Facebook: facebook.com/quicktake
Follow QuickTake on Instagram: instagram.com/quicktake
Subscribe to our newsletter: https://bit.ly/2FJ0oQZ
Email us at quicktakenews@gmail.com

QuickTake by Bloomberg is a global news network delivering up-to-the-minute analysis on the biggest news, trends and ideas for a new generation of leaders.


In This Story: Beijing

Beijing, China’s sprawling capital, has history stretching back 3 millennia. Yet it’s known as much for modern architecture as its ancient sites such as the grand Forbidden City complex, the imperial palace during the Ming and Qing dynasties.

2 Recent Items: Beijing

Beijing beat: dongcheng, a district thriving with cultural vitality 1

Beijing Beat: Dongcheng, a district thriving with cultural vitality

Tianzhou-6 cargo craft re-enters atmosphere after completing mission

In This Story: China

China is the third largest country in the world by area and the largest country in the world by population. Properly known as the People’s Republic of China, the political territory of the country includes Tibet and Hong Kong. The capital is Beijing.

7 Recent Items: China

Why The World Is Rushing Back To The Moon

How will the situation in the Red Sea evolve?

WEF founder: China plays responsible, responsive role in face of new global setting

WEF founder emphasizes crucial role of Davos meeting in addressing global challenges

Teams from China’s north, south meet in Harbin’s ice dragon boat race

WEF Founder highlights China’s remarkable economic momentum and will for progress

Where Are All the Chinese Tourists?

In This Story: Hong Kong

Hong Kong, officially the Hong Kong Special Administrative Region of the People’s Republic of China (HKSAR), is a metropolitan area and special administrative region of the People’s Republic of China on the eastern Pearl River Delta of the South China Sea. With over 7.5 million residents of various nationalities in a 1,104-square-kilometre (426 sq mi) territory, Hong Kong is one of the most densely populated places in the world.

Hong Kong became a colony of the British Empire after the Qing Empire ceded Hong Kong Island at the end of the First Opium War in 1842. The colony expanded to the Kowloon Peninsula in 1860 after the Second Opium War and was further extended when Britain obtained a 99-year lease of the New Territories in 1898. The whole territory was transferred to China in 1997. As a special administrative region, Hong Kong maintains separate governing and economic systems from that of mainland China under the principle of “one country, two systems”.

3 Recent Items: Hong Kong

Bloomberg Markets: China Open 01/19/2024

ANDREA ATZENI in Hong Kong! Star jockey talks Group One hopes & more!

Exploring Shanghai in Blossoms: A microcosm of Chinese urban modernity

In This Story: Police

The police are a constituted body of persons empowered by a state, with the aim to enforce the law, to ensure the safety, health and possessions of citizens, and to prevent crime and civil disorder. Their lawful powers include arrest and the use of force legitimized by the state via the monopoly on violence.

2 Recent Items: Police

Teacher threatened to behead and slit student’s throat. Hear from her parents

Dog helps Michigan police rescue owner from icy lake

Leave a Comment

We don't require your email address, or your name, for anyone to leave a comment. If you do add an email address, you may be notified if there are replies to your comment - we won't use it for any other purpose. Please make respectful comments, which add value, and avoid personal attacks on others. Links are not allowed in comments - 99% of spam comments, attempt to post links. Please describe where people may find additional information - for example "visit the UN website" or "search Google for..." rather than posting a link. Comments failing to adhere to these guidelines will not be published.