Hong Kong free paper Sharp Daily will close today. Publisher Next Media (controlled by media tycoon Jimmy Lai Chee-Ying) anounced that “it is seeking to consolidate its print operations in Hong Kong and to enable the group to rationalize its resources and focus on its profitable operations” (The Standard)
The paper was launched in 2011 and claimed a circulation of 850,000.
Hong Kong now has ‘only’ six free dailies: Metro, AM730, Headline Daily, The Standard, HeadlineFinance and Sky Post.
In Taiwan Next media still publishes paid tabloid Apple Daily, and free Sharp Daily.
Below the closure notice on the Sharp Daily website.