The former executives, who worked for the newspaper Apple Daily, were arrested last year after Beijing imposed the tough National Security Law to curb anti-national sentiments in China's self-governing territory.
Lam Man-chung was the editor who oversaw the final edition of the Beijing-critical daily in June after its top leadership was arrested and its assets frozen.
The legislation – which criminalises anything authorities deem as subversion, secession, collusion with foreign forces and terrorism with up to life in prison – has radically transformed Hong Kong’s political and legal landscape.
The arrest comes days after Apple Daily was forced to close after authorities froze its assets, crippling its ability to conduct business or pay staff.
Readers scoop up all one million copies of Apple Daily which claims it was forced to cease operations after police froze $2.3 million of its assets, searched its office and arrested five top editors and executives last week.
Hong Kong’s sole remaining anti-Bejing newspaper is publishing its last edition, forced to shut down after five editors and executives were arrested and millions of dollars in its assets were frozen as part of China's crackdown on dissent.
A national security law, which was penned in Beijing and imposed on Hong Kong last year after huge protests, allows for cases to be tried by three specially selected judges instead of a jury.
Apple Daily, the embattled anti-Beijing newspaper, has asked authorities to unfreeze some of its assets so it can pay salaries and avoid labour violations, and that its board will meet on Friday to decide if the newspaper will cease operations.
Anti-China newspaper will shut its operations by Wednesday after authorities froze company's assets and most of its employees resigned, local media report.
Chief editor Ryan Law and CEO Cheung Kim-hung are accused of colluding with foreign forces to undermine China's national security over a series of articles that police said called for international sanctions.
Jimmy Lai of Next Digital, which publishes Apple Daily newspaper, is among 10 people arrested on August 10 over suspicions of violating a national security law and colluding with a foreign country.
The pro-democracy media mogul Lai and activist Chow are the highest profile arrests made under Beijing’s sweeping national security law.
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