China / Color Revolution / Hong Kong / Taiwan / United States

Jimmy Lai sells land in Taipei worth HK$1.6 billion owned by his 2 companies to raise capital to pare down his company’s debts

Tina Marie (Ms. Cat)

Jimmy Lai sells land in Taipei worth HK$1.6 billion owned by his 2 companies to raise capital to pare down his company’s debts

Jimmy Lai, owner of Apple Daily who has been charged for multiple offences continued to sell assets to raise capital to pay his mounting debts.