Hong Kong's Jimmy Lai Convicted of Sedition, Collusion; Faces Life

World
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CNBC TV18•15-12-2025, 11:22
Hong Kong's Jimmy Lai Convicted of Sedition, Collusion; Faces Life
- •Jimmy Lai, a Hong Kong media tycoon and fierce critic of Beijing, faces a potential life sentence after being convicted of sedition and collusion with foreign forces.
- •Lai was arrested in 2020 under Hong Kong's national security law, leading to the closure of his pro-democracy newspaper, Apple Daily.
- •Born in mainland China, Lai built a rags-to-riches empire, founding the Giordano clothing chain and later media outlets like Apple Daily.
- •His activism intensified after the 1989 Tiananmen Square crackdown, becoming a vocal advocate for democracy and free speech.
- •Prosecutors cited Lai's articles, messages, and calls for foreign sanctions as evidence of betrayal of national interests.
Why It Matters: This case reveals the severe threat to Hong Kong's press freedom and democratic values.
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