HONG KONG — A top editor at one of Hong Kong’s most prestigious newspapers was fired on Wednesday after the publication of a front page devoted to a single story: the offshore holdings uncovered by the Panama Papers of some of the city’s tycoons, celebrities and politicians.

The Chinese-language paper, Ming Pao, said in a statement with no mention of the editor by name that it was cutting staff because of a “difficult business environment.”

But employees reacted angrily, and many in Hong Kong joined them in drawing a link between the publication of the Panama Papers story and the dismissal of Keung Kwok-yuen, the No. 2 editor in the newsroom.

Ming Pao is one of a number of newspapers around the world that have worked with the Washington-based International Consortium of Investigative Journalists, which this month began releasing a trove of millions of documents linking some of the world’s wealthiest and most powerful people to secretive offshore companies.