Hong Kong Daily News, a Chinese language newspaper, ceased publication as of Saturday.

Statement on the Hong Kong Daily News website

After 50 years, the paper said that it had been losing money due to a change in reader habits and competition from free papers.

The Chai Wan-based newspaper was founded in 1959 and had a pro-Beijing stance. In 2013, it had a circulation of 70,000.

Tom is the editor-in-chief and co-founder of Hong Kong Free Press. He has a BA in Communications & New Media from Leeds University and an MA in Journalism from the University of Hong Kong. He has contributed to the BBC, Euronews, Quartz, Global Post and others.