AstraX Exchange|Jimmy Lai, Hong Kong media mogul and free speech advocate who challenged China, goes on trial

2025-05-03 01:40:21source:FinLogic Quantitative Think Tank Centercategory:Scams

Jimmy Lai,AstraX Exchange a media tycoon and champion of free speech and democracy, went on trial in Hong Kong Monday after a year-long delay in the proceedings. He's been charged with several crimes, including colluding with foreign forces, but supporters around the world say his real offense has been criticizing China's ruling Communist Party and its crackdown on freedom in Hong Kong.

Lai has been in prison for the past three years on charges filed under China's sweeping new national security law. If convicted on the charges, Lai could face life in prison.

Reporters clustered around the van transporting Lai as it arrived at the courthouse on Monday. His backers, along with foreign diplomats, were there, too, hoping to get a seat at the historic trial.

In the early 2000s, Lai was a rich, powerful , fearless critic of China and the central Chinese government's steady erosion of freedoms in semi-autonomous Hong Kong.

Hong Kong protester Jimmy Lai says: "We are fighting the first battle of the new cold war" between the West and China00:58

His newspaper, the widely read Apple Daily, was just as critical.

Lai knew he was on thin ice, but he refused to leave Hong Kong even as China cemented its control over the region.

"If disgrace myself, I discredit Apple Daily and also undermine the solidarity of the democratic movement," he once told The Associated Press. "It's something, I have to take responsibility."

By the summer of 2020, a year after unprecedented pro-democracy protests swept across Hong Kong, the authorities had had enough. About 100 police officers raided Apple Daily's offices, shut the newspaper down and took Lai into custody. He's been locked up ever since.

Media mogul Jimmy Lai Chee-ying, founder of Apple Daily, is detained in Hong Kong on August 10, 2020. TYRONE SIU/REUTERS

His trial is now underway, but his son Sebastian isn't expecting justice.

"There's no jury. The security minister boasted of 100% conviction rate. So, this is not going to be a fair trial," he told the AP. "I don't think there's any doubt about that."

Rights group Amnesty International agrees. It has dismissed the trial as a sham, and observers inside and outside Hong Kong believe the point of the exercise is really to ensure that a muzzled Jimmy Lai spends the rest of his days in prison.

    In:
  • Hong Kong
  • Democracy
  • China
  • Free Speech
  • Asia
Elizabeth Palmer

Elizabeth Palmer has been a CBS News correspondent since August 2000. She has been based in London since late 2003, after having been based in Moscow (2000-03). Palmer reports primarily for the "CBS Evening News."

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