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The parent company that owns the Apple Daily newspaper saw an improvement in its financial situation in the months ahead of a police raid, arrests, and its eventual shutdown, the national security trial of media mogul Jimmy Lai has heard. Royston Chow, the former chief financial officer of Next Digital, took to the witness stand for the third day on Thursday. He was arrested under the national security law in June 2021 alongside Lai and other Apple Daily executives, but was granted immunity by the prosecution in exchange for testifying against the tycoon in the present trial and in a separate …

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