The assets of a former pro-democracy media in Hong Kong are up for public auction.
Apple Daily was raided by police on Aug. 10, 2020, after the implementation of the Hong Kong National Security Law.
It was forced to cease operation after authorities froze the assets of company CEO Jimmy Lai on Jun. 17, 2021. Lai and six senior officials were arrested and charged with violating the Hong Kong National Security Law. Lai is facing a potential life-long sentence.
Open For Bids
Recently, an asset evaluation and auction company—Hilco Global—published an advertisement. In the printed advert, the auction company stated that “a company which had closed down” and “a large number of printing machines, photography equipment, forklifts, and five newspaper printing production lines” would be available for public bidding….
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