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    Home > Finance > Hong Kong media tycoon Jimmy Lai's mitigation hearing set to begin ahead of sentencing
    Finance
    Hong Kong media tycoon Jimmy Lai's mitigation hearing set to begin ahead of sentencing

    Published by Global Banking and Finance Review

    Posted on January 11, 2026

    Featured image for article about Finance
    Tags:Mitigatorsfinancial communityhuman capitalfinancial managementinvestment portfolios

    Jimmy Lai's Mitigation Hearing Begins Ahead of Sentencing in Hong Kong

    Overview of Jimmy Lai's Legal Situation

    By Jessie Pang and James Pomfret

    Details of the Mitigation Hearing

    HONG KONG, Jan 12 (Reuters) - Hong Kong's High Court will on Monday hear the mitigation plea of pro-democracy tycoon Jimmy Lai, the final step before sentencing in a landmark national security trial that has drawn international condemnation and could see Lai jailed for life.

    International Reactions and Support

    Lai, 78, was last month found guilty of two counts of conspiracy to collude with foreign forces under a China-imposed national security law, and conspiracy to publish seditious material, in a verdict that was criticised by the U.S., Britain, the European Union and others. Lai has denied all charges.  

    Implications for Freedom of Speech

    U.S. Secretary of State Marco Rubio said the verdict showed "the enforcement of Beijing's laws to silence those who seek to protect freedom of speech and other fundamental rights."

    Lai, a longstanding critic of the Chinese Communist Party and founder of the now shuttered pro-democracy Apple Daily newspaper, is the most high-profile figure to face prosecution under a years-long national security crackdown in the China-ruled city following mass pro-democracy protests in 2019. 

    The judges wrote that Lai had used his influence and the Apple Daily tabloid "to carry out a consistent campaign with a view to undermine the legitimacy or authority" of China and Hong Kong.

    They added that Lai's evidence was at times "contradictory, inconsistent, evasive and unreliable".

    Eight other defendants have pleaded guilty. Five of them have become prosecution witnesses, including Cheung Kim-hung, former CEO of Lai's once-listed company, Next Digital; Apple Daily's former associate publisher Chan Pui-man; and former editorial writer Yeung Ching-kee.

    The mitigation hearings for all the defendants get underway at 10 a.m. (0200 GMT) and are expected to last four days. Sentencing will take place at a later date.

    Lai, a British citizen, has been held in solitary confinement for more than 1,800 days, with two of his children warning his health had deteriorated and if he died in prison it would cause "irreparable damage to Hong Kong's reputation."

    U.S. President Donald Trump said in an interview this month he had asked Chinese President Xi Jinping to release Lai, whom he called a "positive activist", but hadn't yet heard back from Xi.

    Five experts appointed by the United Nations Human Rights Council have also called for Lai's release on humanitarian grounds, saying his conviction showed a "dramatic decline in fundamental freedoms and judicial independence".

    Hong Kong authorities say Lai has been given a fair trial and the national security law has brought stability. 

    (Reporting by Jessie Pang and James Pomfret; Editing by Kate Mayberry)

    Frequently Asked Questions about Hong Kong media tycoon Jimmy Lai's mitigation hearing set to begin ahead of sentencing
    1What is a mitigation hearing?

    A mitigation hearing is a legal proceeding where a defendant presents evidence or arguments to reduce the severity of their sentence after being found guilty.

    2What are fundamental rights?

    Fundamental rights are basic human rights that are guaranteed to all individuals, often enshrined in a country's constitution, including rights to free speech, assembly, and due process.

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