HONG Kong’s pro-secessionist media tycoon Jimmy Lai Chee-ying’s Next Digital Group has entered a memorandum of understanding (MoU) to sell its wholly owned subsidiary Amazing Sino International, which owns the Taiwanese version of its Apple Daily newspaper.

Experts noted the move is an attempt to recoup funds and respond to possible national security-related charges against Apple Daily in the near future. The possibility of a complete shutdown cannot be ruled out, the experts said.

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