• Hong Kong media company Next Digital sees shares surge after founder Jimmy Lai’s arrest

    Hong Kong media company Next Digital sees shares surge after founder Jimmy Lai’s arrest

    Hong Kong-based media firm Next Digital saw its stock price explode Monday after authorities arrested its dissident founder. Next Digital’s shares surged as much as 344 percent as investors showed solidarity with Jimmy Lai, the pro-democracy mogul who was cuffed Monday under Hong Kong’s new national security law. The stock initially dipped on news of …