The answer is yes. This was a long-time change since 1997. My ex-boss is Sing Tao Daily's president. The Hong Kong Sing Tao Daily chairman is a very important political consultative member in China.
They changed the boss. They changed the news manager of the editorial department. Then the whole thing changed. The pro-Beijing message became the mainstream message of the newspaper. This is a very effective and very normal mode of business in Hong Kong. Change your boss, change the investor, and then the editorial line changes accordingly.