Posted inChinaHong KongTaiwanWorld

Jimmy Lai draws flak from staff for selling Next Magazine

Jimmy Lai Chee-ying, the owner of Next Digital Ltd (00282.HK), has faced heavy criticism from staff after announcing on Monday that he would sell his flagship Next Magazine to Hong Kong businessman Kenny Wee for about HK$500 million (US$64 million). Next Magazine’s chief editor Louise Wong said in a town hall meeting with editorial staff […]