Hong Kong pro-democracy paper Apple Daily to close by Saturday

Copies of Apple Daily newspaper (AP)

Hong Kong’s pro-democracy Apple Daily newspaper will close by this weekend after police arrested five editors and executives and froze 2.3 million dollars (£1.65 million) in assets linked to the paper.

The board of directors said in a statement on Wednesday that the paper’s print and online editions will cease no later than Saturday due to “the current circumstances prevailing in Hong Kong”.