Publisher of shuttered Apple Daily says it hopes to be allowed by government to authorise previously banned payments to creditors and former staff

Hong Kong media group Next Digital Ltd has announced that it aimed to go into liquidation and its board of directors had resigned to facilitate the process.

Next Digital is owned by jailed tycoon Jimmy Lai and was the publisher of Apple Daily, a popular pro-democracy newspaper that closed in June after its newsroom was raided by police officers investigating whether some articles breached a national security law introduced in Hong Kong by Beijing last year.

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