Jimmy Lai’s 26-Year-Old Tabloid All But Dead After Defying China

  • Apple Daily struggling with cash crunch after assets frozen
  • Tycoon founder and editors facing charges under security law
WATCH: The pro-democracy newspaper of jailed Hong Kong tycoon Jimmy Lai could suspend its operations. Stephen Engle reports.(Source: Bloomberg)
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It unearthed the hidden wealth of high-ranking Chinese Communist Party leaders, exposed unethical practices of officials in Hong Kong and became one of the most prominent voices of the city’s pro-democracy movement.

Now Jimmy Lai’s 26-year-old Apple Daily newspaper is hanging by a thread, the latest casualty of a sweeping National Security Law that critics say is undermining press freedom in Hong Kong and damaging its status as a financial hub.