Hong Kong Economic Journal - Recent Development About The Selling of The Newspaper By The Lam's Family

Recent Development About The Selling of The Newspaper By The Lam's Family

It was reported that, as early as 10 January, 2006, the Lam's family was in negotiation with Richard Li (head of Hong Kong-based telecommunication giant PCCW) and another local mass-media company for the sale of the newspaper. On August 9, 2006 Li bought a 50% stake in the newspaper.

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