Mar 31, 2015 08:02 PM

Caixin Suing Guo Wengui and Hong Kong Media

After posting a legal statement online and filing a police report, Caixin Media went a step further March 31 by sending major Hong Kong media outlets a separate statement, in Chinese and English, in response to the attack on the reputation of Caixin's editor-in-chief by businessman Guo Wengui.

Caixin has decided to file lawsuits in Hong Kong against the following entities: Beijing Zenith Holdings Co.; the man who controls the company, Guo Wengui; and media outlets involved in disseminating Guo's slander, including the Hong Kong Commercial Daily and Apple Daily.

Here is the full, English version of the statement that was sent to Hong Kong media outlets:

Caixin Media Statement

Guo Wengui, who controls Beijing Zenith Holdings Co., has intentionally fabricated facts and disseminated these fabrications through certain media outlets overseas, e.g. the Hong Kong Commercial Daily and Apple Daily. He has undermined the professional credibility of Caixin Media and defamed the reputation of Hu Shuli, its editor-in-chief. The means by which this attack was implemented were extremely sinister and the effects have been baneful.

Through their actions, Guo and the certain Hong Kong media companies have not only infringed upon Caixin Media's reputation but may also have committed the crime of libel. They have severely damaged the climate for journalists as watchdogs and trampled on the fundamental principles of press freedom.

Caixin Media hereby strongly condemns these actions and is in the process of bringing legal proceedings against the people and organizations responsible for disseminating slander.

Legal Team, Caixin Media

March 31, 2015

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