Shares of Apple Daily publisher soar despite Jimmy Lai asset freeze

Hong Kong sympathizers rally to show support for Next Digital

20210527 Next Digital

Next Digital shares rose as much as 330% on Thursday before ending the day up 50.5%. © Reuters

KENJI KAWASE, Nikkei Asia chief business news correspondent

HONG KONG -- Shares of Next Digital, publisher of Hong Kong's outspoken Apple Daily newspaper, soared up to 330% as they resumed trading on Thursday for the first time since the city government froze founder Jimmy Lai's controlling stake in the company.

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