Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nasdaq  >  Apple Inc.    AAPL

APPLE INC.

(AAPL)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Hong Kong court says Jimmy Lai's bail denied because risk of further offences

02/23/2021 | 04:40am EST
Media tycoon Jimmy Lai, founder of Apple Daily, leaves the Court of Final Appeal, in Hong Kong

HONG KONG (Reuters) - A Hong Kong court said on Tuesday its denial of bail for media tycoon Jimmy Lai, the most high-profile person charged under a new the national security law, was due to the risk of his committing further offences.

High Court judge Anthea Pang rejected Lai's latest application last week but only made public the reasons for her decision on Tuesday.

The case is being closely watched as it shows how Hong Kong's independent judiciary resolves any conflicts between the security law drafted in Beijing - where courts come under the Communist Party - and the city's common law traditions.

The new law puts the onus on the defendant to prove they would not be a national security threat if released on bail. Under Hong Kong's common law-based legal system, the onus has traditionally been on the prosecution to prove its case.

"If one was determined, the foreseeable danger of being discovered might not be a bar to action," Pang's written judgement said.

"I am not satisfied that there are sufficient grounds for believing that the Applicant will not continue to commit acts endangering national security if bail is granted to him."

Lai was arrested in August on suspicion of collusion with foreign forces when about 200 police officers raided the newsroom of his Apple Daily tabloid newspaper. He was arrested again last week, while in jail, on suspicion of assisting a fugitive China captured at sea last year.

Beijing imposed the national security law on the former British colony last June after months of pro-democracy protests. The law punishes anything China considers subversion, secession, terrorism or collusion with foreign forces with up to life in prison.

Critics say it is aimed at crushing dissent and it erodes freedoms in the semi-autonomous financial hub. Its supporters say it restores stability after months of unrest.

Prosecutors have accused Lai of breaching the law over statements he made on July 30 and Aug. 18, in which they allege he requested foreign interference in Hong Kong's affairs.

Lai has been a frequent visitor to Washington, meeting with officials, including former Secretary of State Mike Pompeo, to rally support for Hong Kong democracy, prompting Beijing to label him a "traitor".

(Reporting by Jessie Pang; Writing by Marius Zaharia, Editing by Angus MacSwan)


© Reuters 2021
All news about APPLE INC.
05:24aBANCA MONTE DEI PASCHI DI SIENA S P : Top EU court backs Italian bank bailout i..
RE
03/01APPLE  : New Zealand students prototype their own Samoan language app with iPad
PU
03/01S&P 500 enjoys best day since June
RE
03/01To go electric, America needs more mines. Can it build them?
RE
03/01WALL STREET STOCK EXCHANGE : Stocks Surge, With S&P 500 Logging Best Day Since J..
DJ
03/01WALL STREET STOCK EXCHANGE : Stocks Surge, With S&P 500 Logging Best Day Since J..
DJ
03/01S&P 500 surges in strongest one-day rise since June
RE
03/01WALL STREET STOCK EXCHANGE : Stocks Surge, With S&P 500 on Track for Best Day Si..
DJ
03/01South Korean Battery Makers Pitch White House About Disputed Georgia Factory ..
DJ
03/01APPLE  : Reopens All US Stores For First Time Since March 2020
MT
More news
Financials (USD)
Sales 2021 333 B - -
Net income 2021 74 693 M - -
Net cash 2021 58 731 M - -
P/E ratio 2021 28,9x
Yield 2021 0,66%
Capitalization 2 145 B 2 145 B -
EV / Sales 2021 6,26x
EV / Sales 2022 5,98x
Nbr of Employees 147 000
Free-Float 99,9%
Chart APPLE INC.
Duration : Period :
Apple Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends APPLE INC.
Short TermMid-TermLong Term
TrendsBearishNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 46
Average target price 149,33 $
Last Close Price 127,79 $
Spread / Highest target 36,9%
Spread / Average Target 16,9%
Spread / Lowest Target -35,0%
EPS Revisions
Managers and Directors
NameTitle
Timothy Donald Cook Chief Executive Officer & Director
Luca Maestri Chief Financial Officer & Senior Vice President
Arthur D. Levinson Independent Chairman
Kevin M. Lynch Vice President-Technology
Jeffrey E. Williams Chief Operating Officer
Sector and Competitors
1st jan.Capitalization (M$)
APPLE INC.-3.69%2 145 351
SAMSUNG ELECTRONICS CO., LTD.1.85%493 795
XIAOMI CORPORATION-22.29%83 740
WINGTECH TECHNOLOGY CO.,LTD5.35%20 082
MERRY ELECTRONICS CO., LTD.-6.48%1 030
FOCUSRITE PLC-1.86%852