Former Hong Kong media mogul Jimmy Lai, a vocal critic of China's Communist Party, has been convicted of conspiracies of sedition and foreign collusion under a national security law

Senior party members previously alleged they had been told to disband or face severe consequences, including possible arrest.

Chinese AI chip startup Biren Technology aims to launch a Hong Kong initial public offering in the coming weeks, four sources with knowledge of the matter said.

Jimmy Lai, the former Hong Kong media mogul and outspoken critic of Beijing, was convicted in a landmark national security trial in the city's court on Monday, which could send him to prison for the rest of his life.

These problems first took root as China prepared to assume control of Hong Kong from Britain, in 1997. Concerned that the transition would scare off foreign investors, Chinese leaders tried to woo real-estate tycoons and other business elites by giving them key roles overseeing the city’s future governance.