Back to today’s briefing

Story perspectives

Hong Kong Seeks to Confiscate Assets of Convicted Media Tycoon

4/8/2026

36 5 Full Breakdown

Summary

Story summary

Hong Kong authorities seek to confiscate property tied to Jimmy Lai Chee-ying, founder of the defunct Apple Daily, whose net worth was estimated at over HK$1 billion before his 2020 arrest and who was convicted of conspiracy charges in February, receiving a 20-year sentence for national security offences.
The secretary for justice filed the application under the national security law.
A hearing on the confiscation order is scheduled for July 8.

1 of 1

Story summary

Hong Kong authorities seek to confiscate property tied to Jimmy Lai Chee-ying, founder of the defunct Apple Daily, whose net worth was estimated at over HK$1 billion before his 2020 arrest and who was convicted of conspiracy charges in February, receiving a 20-year sentence for national security offences.
The secretary for justice filed the application under the national security law.
A hearing on the confiscation order is scheduled for July 8.