Stand News on Wednesday announced on Facebook that it would immediately lay off all staff and cease operations, and take down its website and social media accounts within days. The move came hours after more than 200 police raided the outlet’s newsroom, froze some HK$61 million ($7.8 million) of assets and arrested seven people connected to it on a colonial-era sedition law. They included acting Editor-in-Chief Patrick Lam and Denise Ho, a pop star who had testified about Hong Kong before the U.S. Congress.
Stand News had briefly been the largest Chinese-language media outlet publishing coverage critical of the Hong Kong government after Apple Daily’s closure in July under pressure from a similar probe. The site had braced for police scrutiny, announcing in June that it would purge opinion pieces from its site and stop accepting subscriptions and sponsorships.
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