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Lai fraud convictions overturned, but Hong Kong activist remains jailed
world5 hours ago

Lai fraud convictions overturned, but Hong Kong activist remains jailed

Hong Kong’s Court of Appeal overturned the fraud convictions against former Apple Daily founder Jimmy Lai, saying prosecutors failed to prove concealment or false representations in the lease case. Lai, 78, continues to serve a long prison term from a separate national-security conviction, and the court’s decision could shorten his total time if sentences run concurrently as allowed. The government may appeal. The ruling highlights ongoing tensions between Hong Kong’s security crackdown and press freedom concerns.

via AP News|
#apple-daily#fraud#hong-kong
Father of US-based democracy activist jailed in Hong Kong under national security law
world14 hours ago

Father of US-based democracy activist jailed in Hong Kong under national security law

Kwok Yin-sang, 69, the father of US-based democracy activist Anna Kwok, was sentenced to eight months in prison under Hong Kong’s national security law after he tried to terminate his daughter’s insurance policy and withdraw HK$88,609. He was found guilty of attempting to deal with funds for an absconder—the first person in the city charged and convicted under that offense. Anna Kwok leads the Washington-based Hong Kong Democracy Council and condemned the move as despicable, noting the broader push under Hong Kong’s Article 23 security regime enacted in 2020 and 2024.

via CNN|
#anna-kwok#democracy#hong-kong
Hong Kong court voids Jimmy Lai’s fraud verdicts, but activist remains jailed on security charges
world16 hours ago

Hong Kong court voids Jimmy Lai’s fraud verdicts, but activist remains jailed on security charges

An appellate court in Hong Kong voided Jimmy Lai’s fraud convictions related to a lease arrangement, ruling prosecutors failed to prove false representations beyond reasonable doubt; Lai remains jailed because of a separate 20-year sentence in a national-security law case, marking a rare win in his legal battles amid ongoing concerns about press freedom in Hong Kong.

via The Guardian|
#fraud-conviction#hong-kong#jimmy-lai
Markets Rise, Speech Represses: Hong Kong’s Delicate Balance
business9 days ago

Markets Rise, Speech Represses: Hong Kong’s Delicate Balance

Hong Kong’s stock market remains buoyant even as Beijing tightens control on speech, highlighting a paradox about Friedman’s view that free markets rely on free expression. The 20-year sentence for Jimmy Lai and the National Security Law have chilled reporting and led to self-censorship and restricted access to sensitive topics, while markets benefit in the short term from capital flows; the piece argues that Hong Kong’s long-term prospects depend on whether political freedoms can keep pace with market freedoms, making it a real-world test of Friedman’s thesis.

via Semafor|
#apple-daily#business#hang-seng-index
Jimmy Lai jailed 20 years under Hong Kong security law, drawing global concern
world17 days ago

Jimmy Lai jailed 20 years under Hong Kong security law, drawing global concern

Jimmy Lai, 78, was sentenced to 20 years in prison under Hong Kong's national security law for conspiring with others to collude with foreign forces and publish seditious articles, the harshest penalty to date. Co-defendants — six former Apple Daily staffers and two activists — received six to ten years. Lai's family warned the ruling could make him a martyr behind bars, as critics say the sentence signals a chilling effect on press freedom in Hong Kong and has triggered international condemnation.

via cbsnews.com|
#apple-daily#hong-kong#jimmy-lai
Global Outcry Over Hong Kong's 20-Year Sentence for Jimmy Lai
world17 days ago

Global Outcry Over Hong Kong's 20-Year Sentence for Jimmy Lai

The UK, the UN and the EU, along with rights groups, condemned Hong Kong's 20-year national-security jail sentence for Jimmy Lai, the British publisher of Apple Daily, calling it politically motivated and a threat to media freedom; Lai was convicted on counts including conspiracy to produce seditious material and conspiracy to collude with foreign forces under the national security law; supporters say the punishment is excessively harsh while authorities insist the rule of law was upheld; the case has sparked international calls for Lai's release.

via The Guardian|
#apple-daily#hong-kong#international-reaction
Jimmy Lai hit with 20-year NSL sentence in Hong Kong crackdown on press
world17 days ago

Jimmy Lai hit with 20-year NSL sentence in Hong Kong crackdown on press

Hong Kong’s court handed Jimmy Lai a 20-year prison term under the National Security Law for two counts of conspiring to collude with foreign forces and one count of publishing seditious material, the harshest NSL sentence to date. The court rejected medical grounds for reducing the sentence, citing the gravity and premeditated nature of the offenses. Lai, 78, has faced multiple charges and health concerns raised by his family, while rights groups condemned the verdict as a blow to press freedom as supporters gathered outside the courtroom.

via BBC|
#apple-daily#hong-kong#jimmy-lai
Hong Kong sentences Jimmy Lai to 20 years under national security law, signaling crackdown on dissent
world17 days ago

Hong Kong sentences Jimmy Lai to 20 years under national security law, signaling crackdown on dissent

Hong Kong's High Court handed 78-year-old Jimmy Lai a 20-year prison term for collusion with foreign forces, endangering national security and conspiring to publish seditious materials under the Beijing-imposed security law, while Lai remains jailed on a separate fraud sentence, illustrating a tightening crackdown on dissent in Hong Kong.

via CNBC|
#apple-daily#hong-kong#jimmy-lai
Japan's December exports miss forecasts as U.S. slump weighs on growth
business1 month ago

Japan's December exports miss forecasts as U.S. slump weighs on growth

Japan's exports rose 5.1% year-on-year in December 2025, missing Reuters' 6.1% forecast as shipments to the United States fell 11.1% after a prior month gain. Shipments to mainland China rose 5.6% and to Hong Kong 31.1%, with Asia up 10.2%. December imports gained 5.1%. For 2025, exports increased 3.1%—slower than 2024—as shipments to China (-0.4%) and the U.S. (-4.1%) fell, while Hong Kong (+17.8%) and Taiwan (+15.1%) rose. The release comes ahead of snap elections on Feb. 8; a Takaichi victory could support a weaker yen and expansionary fiscal policy.

via CNBC|
#business#china#exports
David Webb, Hong Kong’s fearless governance advocate, dies at 60
world1 month ago

David Webb, Hong Kong’s fearless governance advocate, dies at 60

David Webb, Hong Kong’s most vocal activist investor who unearthed corporate malfeasance and spurred governance reforms, died in Hong Kong on Jan. 13 at age 60 from metastatic prostate cancer. A former Barclays executive turned independent investor, Webb built the webb-site.com platform, led investigations (notably the Enigma Network) that triggered regulatory probes, and earned a board seat at HKEX; he was also honored as a Member of the Order of the British Empire for anti-corruption work.

via Bloomberg.com|
#activist-investor#corporate-governance#david-webb