6/23, 9:35 AM (Source: TeleTrader)
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HK's Apple Daily to close by June 26

Next Digital Limited, the Hong Kong media company that owns Apple Daily, announced on Wednesday that it will stop issuing the print form of the newspaper and that the digital version will be closed no later than June 26.

The company's board said it decided to end the media outlet after 26 years "due to the current circumstances prevailing in Hong Kong."

Last week, several Next Digital and Apple Daily executives were arrested on national security grounds, after which they were denied bail.

Breaking the News / MS