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Former Lawmaker Chim Pui-chung Granted Bail Amid Fraud Appeal

3/4/2026

Summary

Story summary

Former Hong Kong lawmaker Chim Pui-chung, 79, received HK$5 million bail while appealing his fraud conviction.
He was sentenced to 34 months in prison for conspiring with his son, Ricky, to defraud a listed company and the Hong Kong Stock Exchange.
The fraud involved hiding a HK$210 million deal to sell Chim's controlling stake in Asia Resources Holdings.
Bail conditions mandate that he stay in Hong Kong, surrender travel documents, and report to police twice weekly.
The Independent Commission Against Corruption initiated the case after a complaint from the Securities and Futures Commission.

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Story summary

Former Hong Kong lawmaker Chim Pui-chung, 79, received HK$5 million bail while appealing his fraud conviction.
He was sentenced to 34 months in prison for conspiring with his son, Ricky, to defraud a listed company and the Hong Kong Stock Exchange.
The fraud involved hiding a HK$210 million deal to sell Chim's controlling stake in Asia Resources Holdings.
Bail conditions mandate that he stay in Hong Kong, surrender travel documents, and report to police twice weekly.
The Independent Commission Against Corruption initiated the case after a complaint from the Securities and Futures Commission.