Hong Kong investigative news platform Factwire disbands – 4th outlet to shutter in under a year

Just more news from the basket case

HKFP reports….

Hong Kong investigative news wire Factwire has announced it is disbanding with immediate effect.

In a Facebook post on Friday, the independent news platform said it had adhered to the “highest standards of journalistic integrity” during its operations: “In recent years, the media has contended with great change. Despite having wrestled many times with the difficult decision as to whether to continue our journalistic work, we had always come to the same affirmative conclusion: to stand fast to our core values and beliefs, and to always report the facts.”

Factwire
Factwire. Photo: Factwire.

It is the fourth, major independent news platform to disband in under a year, after Apple Daily, Stand News and Citizen News shuttered under pressure.

“But to every thing there is a season,” the agency added, “and a time to every purpose. It has, at last, come time to end our journey.”

Founded in 2015, FactWire was a crowdfunded, bilingual news outlet that conducted deep dives into local affairs, often breaking stories later picked up by media and prompting responses from the government.

It is unclear exactly why the platform is disbanding – HKFP has reached out to Factwire for comment. The disbandment comes weeks after it reported on the Chinese business links of chief executive-elect John Lee’s sons, and just over a month after it said its subscriber data had been hacked.

Hong Kong investigative news platform Factwire disbands – 4th outlet to shutter in under a year