China throttles pro-democracy Apple Daily in HK, might close down in weeks

From Our Correspondent, Hong Kong

Apple Daily, Hong Kong pro-democracy newspaper, will be forced to shut within a few days after authorities froze the company’s assets and financial accounts in banks under a national security law. The closure will signal Beijing's zero tolerance on any criticism in the media about the Communost regime's policies.
According to highly placed sources, the publisher of the top-selling 26-year-old newspaper, Next Digital, would hold a board meeting on Monday to discuss how to move forward after its lines of credit were frozen.  Apple Daily's Chief Editor Ryan Law, 47, and Chief Executive Cheung Kim-hung, 59, were denied bail on Saturday after being charged with collusion with a foreign country. Three other executives were also arrested on Thursday  and they are still under investigation but were released from police detention.