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HONG KONG—For many years, Hong Kong’s press freedoms have made it a hub for Western media organizations overlaying Asia. Beijing’s new national-security regulation is inflicting many newsrooms to rethink town’s standing as a haven for journalists.

On Tuesday, the New York Times mentioned that it was relocating one-third of its Hong Kong employees to Seoul, making it the primary main Western information outlet to transfer a big share of its employees in response to the darkening surroundings for media.

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