Hong Kong ex-Billionaire Fashion Group Giordano & Newspaper Apple Daily Founder Jimmy Lai (Age 78) Wins Appeal for 5-Year Jail Sentence & Fraud Conviction in 2022 Which is Overturned by Hong Kong Court, Sentenced to Jail for 5 Years in 2022 for Violating Office Lease Contract of Newspaper Apple Daily by Using Premise to Run Private Consulting Firm, Will Remain in Jail after 20-Year Jail-Term Sentence in 2026 February for Conspiracy to Collude with Foreigners & Sedition (New China National Security Law), China-Born Jimmy Lai Became British Citizen in 1996, Personal Fortune of $1.2 Billion and Founder of Fashion Group Giordano & Media Group Next Digital

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Hong Kong ex-Billionaire Fashion Group Giordano & Newspaper Apple Daily Founder Jimmy Lai (Age 78) Wins Appeal for 5-Year Jail Sentence & Fraud Conviction in 2022 Which is Overturned by Hong Kong Court, Sentenced to Jail for 5 Years in 2022 for Violating Office Lease Contract of Newspaper Apple Daily by Using Premise to Run Private Consulting Firm, Will Remain in Jail after 20-Year Jail-Term Sentence in 2026 February for Conspiracy to Collude with Foreigners & Sedition (New China National Security Law), China-Born Jimmy Lai Became British Citizen in 1996, Personal Fortune of $1.2 Billion and Founder of Fashion Group Giordano & Media Group Next Digital

27th February 2026 | Hong Kong

Hong Kong ex-billionaire fashion group Giordano & newspaper Apple Daily founder Jimmy Lai (Age 78) has won his appeal for 5-year jail sentence & fraud conviction in 2022, which is overturned by a Hong Kong court.  In 2022, Jimmy Lai was sentenced to jail for 5 years & 9 months for violating office lease contract of newspaper Apple Daily by using premise to run his private consulting firm (Dico Consultants Ltd).  In 2026 February, Jimmy Lai was sentenced to 20-year jail-term in Hong Kong for conspiracy to collude with foreigners & sedition (Under new China national security law).  6 ex-employees of Apple Daily were sentenced to 6 to 10 years jail term & 2 activists sentenced to up to 7 years & 3 months jail-term.  China-born Jimmy Lai became British citizen in 1996.  Hong Kong Secretary for Security Chris Tang states Hong Kong & China do not recognize dual nationality, with Lai Chee-ying (Jimmy Lai) to serve sentence in Hong Kong (China) after committing offence in Hong Kong (China).  In 2025 December, Jimmy Lai (Age 78) was found guilty in Hong Kong court for conspiracy to collude with foreigners & sedition (Under new China national security law), with his pre-sentence hearing to start on 12th January 2026.  In 2024 August, a Hong Kong High Court dismissed the appeal by billionaire Jimmy Lai (Age 76) and 6 individuals for unauthorised assembly in 2019.  In 2024 January, Hong Kong billionaire Jimmy Lai (Age 76) has pleaded not guilty to all charges at the Hong Kong National Security trial.  In 2022, Jimmy Lai had been sentenced to jail for 5 years & 9 months for violating office lease contract of newspaper Apple Daily by using premise to run his private consulting firm (Dico Consultants Ltd). Hong Kong District Court Judge Stanley Chan also issued an order to disallow Jimmy Lai from becoming a director of any company for 8 years and a fine of $260,000 (HKD 2 million).  Wong Wai-keung, a Next Digital senior executive, is also found guilty of fraud and sentenced to 21 months in jail.  Jimmy Lai had an estimated personal fortune of $1.2 billion, and is the founder of fashion group Giordano & media group Next Digital (parent company of Apple Daily).  In 2023 January, Hong Kong Exchange (HKEX) announced to delist jailed Jimmy Lai media group Next Digital (Apple Daily) on 12th January 2023 (last listing day 11th Jan 2023), with trading of shares suspended since 17th June 2021 to safeguard interests of shareholders.  Next Digital was investigated by Hong Kong authorities following the implementation of China National Security Law (June 2020). A month later, Jimmy Lai was arrested by Hong Kong police and Next Digital office was raided.

“ Hong Kong ex-Billionaire Fashion Group Giordano & Newspaper Apple Daily Founder Jimmy Lai (Age 78) Wins Appeal for 5-Year Jail Sentence & Fraud Conviction in 2022 Which is Overturned by Hong Kong Court, Sentenced to Jail for 5 Years in 2022 for Violating Office Lease Contract of Newspaper Apple Daily by Using Premise to Run Private Consulting Firm, Will Remain in Jail after 20-Year Jail-Term Sentence in 2026 February for Conspiracy to Collude with Foreigners & Sedition (New China National Security Law), China-Born Jimmy Lai Became British Citizen in 1996, Personal Fortune of $1.2 Billion and Founder of Fashion Group Giordano & Media Group Next Digital “

- Article continues below -

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Hong Kong ex-Billionaire Fashion Group Giordano & Newspaper Apple Daily Founder Jimmy Lai (Age 78) Sentenced to 20-Year Jail-Term in Hong Kong for Conspiracy to Collude with Foreigners & Sedition (New China National Security Law), 6 ex-Employees of Apple Daily Sentenced to 6 to 10 Years Jail Term & 2 Activists Sentenced to Up to 7 Years & 3 Months Jail-Term, China-Born Jimmy Lai Became British Citizen in 1996, Hong Kong Secretary for Security Chris Tang States Hong Kong & China Do Not Recognize Dual Nationality with Lai Chee-ying (Jimmy Lai) to Serve Sentence in Hong Kong (China) after Committing Offence in Hong Kong (China)

9th February 2026 – Hong Kong ex-billionaire fashion group Giordano & newspaper Apple Daily founder Jimmy Lai (Age 78) has been sentenced to 20-year jail-term in Hong Kong for conspiracy to collude with foreigners & sedition (Under new China national security law).  6 ex-employees of Apple Daily were sentenced to 6 to 10 years jail term & 2 activists sentenced to up to 7 years & 3 months jail-term.  China-born Jimmy Lai became British citizen in 1996.  Hong Kong Secretary for Security Chris Tang states Hong Kong & China do not recognize dual nationality, with Lai Chee-ying (Jimmy Lai) to serve sentence in Hong Kong (China) after committing offence in Hong Kong (China).  In 2025 December, Jimmy Lai (Age 78) was found guilty in Hong Kong court for conspiracy to collude with foreigners & sedition (Under new China national security law), with his pre-sentence hearing to start on 12th January 2026.  In 2024 August, a Hong Kong High Court dismissed the appeal by billionaire Jimmy Lai (Age 76) and 6 individuals for unauthorised assembly in 2019.  In 2024 January, Hong Kong billionaire Jimmy Lai (Age 76) has pleaded not guilty to all charges at the Hong Kong National Security trial.  In 2022, Jimmy Lai had been sentenced to jail for 5 years & 9 months for violating office lease contract of newspaper Apple Daily by using premise to run his private consulting firm (Dico Consultants Ltd). Hong Kong District Court Judge Stanley Chan also issued an order to disallow Jimmy Lai from becoming a director of any company for 8 years and a fine of $260,000 (HKD 2 million).  Wong Wai-keung, a Next Digital senior executive, is also found guilty of fraud and sentenced to 21 months in jail.  Jimmy Lai had an estimated personal fortune of $1.2 billion, and is the founder of fashion group Giordano & media group Next Digital (parent company of Apple Daily).  In 2023 January, Hong Kong Exchange (HKEX) announced to delist jailed Jimmy Lai media group Next Digital (Apple Daily) on 12th January 2023 (last listing day 11th Jan 2023), with trading of shares suspended since 17th June 2021 to safeguard interests of shareholders.  Next Digital was investigated by Hong Kong authorities following the implementation of China National Security Law (June 2020). A month later, Jimmy Lai was arrested by Hong Kong police and Next Digital office was raided.

Hong Kong ex-Billionaire Fashion Group Giordano & Newspaper Apple Daily Founder Jimmy Lai (Age 78) Found Guilty in Hong Kong Court of Conspiracy to Collude with Foreigners & Sedition (New China National Security Law), Pre-Sentence Hearing on 12th January 2026, China-Born Jimmy Lai Became British Citizen in 1996

14th December – Hong Kong ex-billionaire fashion group Giordano & newspaper Apple Daily founder Jimmy Lai (Age 78) has been found guilty in Hong Kong court of conspiracy to collude with foreigners & sedition (Under new China national security law), with his pre-sentence hearing to start on 12th January 2026.  China-born Jimmy Lai became British citizen in 1996.  In 2024 August, a Hong Kong High Court dismissed the appeal by billionaire Jimmy Lai (Age 76) and 6 individuals for unauthorised assembly in 2019.  In 2024 January, Hong Kong billionaire Jimmy Lai (Age 76) has pleaded not guilty to all charges at the Hong Kong National Security trial.  In 2022, Jimmy Lai had been sentenced to jail for 5 years & 9 months for violating office lease contract of newspaper Apple Daily by using premise to run his private consulting firm (Dico Consultants Ltd). Hong Kong District Court Judge Stanley Chan also issued an order to disallow Jimmy Lai from becoming a director of any company for 8 years and a fine of $260,000 (HKD 2 million).  Wong Wai-keung, a Next Digital senior executive, is also found guilty of fraud and sentenced to 21 months in jail.  Jimmy Lai had an estimated personal fortune of $1.2 billion, and is the founder of fashion group Giordano & media group Next Digital (parent company of Apple Daily).  In 2023 January, Hong Kong Exchange (HKEX) announced to delist jailed Jimmy Lai media group Next Digital (Apple Daily) on 12th January 2023 (last listing day 11th Jan 2023), with trading of shares suspended since 17th June 2021 to safeguard interests of shareholders.  Next Digital was investigated by Hong Kong authorities following the implementation of China National Security Law (June 2020). A month later, Jimmy Lai was arrested by Hong Kong police and Next Digital office was raided.

Hong Kong Court Dismissed Appeal by Billionaire Jimmy Lai Age 76 and 6 Individuals for Unauthorised Assembly in 2019, Jimmy Lai Had Separately Pleaded Not Guilty to All Charges at Hong Kong National Security Trial in 2024 January, Sentenced to Jail for 5 Years in 2022 for Violating Office Lease Contract of Newspaper Apple Daily by Using Premise to Run Private Consulting Firm, Personal Fortune of $1.2 Billion and Founder of Fashion Group Giordano & Media Group Next Digital

16th August 2024 – Hong Kong High Court has dismissed the appeal by billionaire Jimmy Lai (Age 76) and 6 individuals for unauthorised assembly in 2019.  In 2024 January, Hong Kong billionaire Jimmy Lai (Age 76) has pleaded not guilty to all charges at the Hong Kong National Security trial.  In 2022, Jimmy Lai had been sentenced to jail for 5 years & 9 months for violating office lease contract of newspaper Apple Daily by using premise to run his private consulting firm (Dico Consultants Ltd). Hong Kong District Court Judge Stanley Chan also issued an order to disallow Jimmy Lai from becoming a director of any company for 8 years and a fine of $260,000 (HKD 2 million).  Wong Wai-keung, a Next Digital senior executive, is also found guilty of fraud and sentenced to 21 months in jail.  Jimmy Lai had an estimated personal fortune of $1.2 billion, and is the founder of fashion group Giordano & media group Next Digital (parent company of Apple Daily).  In 2023 January, Hong Kong Exchange (HKEX) announced to delist jailed Jimmy Lai media group Next Digital (Apple Daily) on 12th January 2023 (last listing day 11th Jan 2023), with trading of shares suspended since 17th June 2021 to safeguard interests of shareholders.  Next Digital was investigated by Hong Kong authorities following the implementation of China National Security Law (June 2020). A month later, Jimmy Lai was arrested by Hong Kong police and Next Digital office was raided.

Hong Kong Billionaire Age 76 Jimmy Lai Pleads Not Guilty to All Charges at Hong Kong National Security Trial, Sentenced to Jail for 5 Years in 2022 for Violating Office Lease Contract of Newspaper Apple Daily by Using Premise to Run Private Consulting Firm, Personal Fortune of $1.2 Billion and Founder of Fashion Group Giordano & Media Group Next Digital

5th January 2024 – Hong Kong billionaire Jimmy Lai (Age 76) has pleaded not guilty to all charges at the Hong Kong National Security trial.  In 2022, Jimmy Lai had been sentenced to jail for 5 years & 9 months for violating office lease contract of newspaper Apple Daily by using premise to run his private consulting firm (Dico Consultants Ltd).  Hong Kong District Court Judge Stanley Chan also issued an order to disallow Jimmy Lai from becoming a director of any company for 8 years and a fine of $260,000 (HKD 2 million). Wong Wai-keung, a Next Digital senior executive, is also found guilty of fraud and sentenced to 21 months in jail.  Jimmy Lai had an estimated personal fortune of $1.2 billion, and is the founder of fashion group Giordano & media group Next Digital (parent company of Apple Daily).  In 2023 January, Hong Kong Exchange (HKEX) announced to delist jailed Jimmy Lai media group Next Digital (Apple Daily) on 12th January 2023 (last listing day 11th Jan 2023), with trading of shares suspended since 17th June 2021 to safeguard interests of shareholders.  Next Digital was investigated by Hong Kong authorities following the implementation of China National Security Law (June 2020). A month later,  Jimmy Lai was arrested by Hong Kong police and Next Digital office was raided.  More info below:

Hong Kong Exchange to Delist Jailed Hong Kong Billionaire Jimmy Lai Media Group Next Digital Apple Daily on 12th January 2023, Trading Suspended Since 17th June 2021

7th January 2023 – Hong Kong Exchange (HKEX) will delist jailed Hong Kong billionaire Jimmy Lai media group Next Digital (Apple Daily) on 12th January 2023 (last listing day 11th Jan 2023), with trading of shares suspended since 17th June 2021 to safeguard interests of shareholders.  Next Digital was investigated by Hong Kong authorities following the implementation of China National Security Law (June 2020). A month later,  Jimmy Lai was arrested by Hong Kong police and Next Digital office was raided.  On 17th June 2021, Next Digital was suspended for trading for alleged illegal activities.  In 1999, Jimmy Lai acquired Hong Kong listed company Paramount Publishing Group and renamed it as Next Media and in 2015, renamed as Next Digital.   In December 2022,  Hong Kong billionaire Jimmy Lai (Age 75) had been sentenced to jail for 5 years & 9 months for violating office lease contract of newspaper Apple Daily by using premise to run his private consulting firm (Dico Consultants Ltd).   Jimmy Lai has an estimated personal fortune of $1.2 billion, and is the founder of fashion group Giordano & media group Next Digital (parent company of Apple Daily).  More info below.

Hong Kong Billionaire Jimmy Lai Sentenced to Jail for 5 Years for Violating Office Lease Contract of Newspaper Apple Daily by Using Premise to Run Private Consulting Firm, Personal Fortune of $1.2 Billion and Founder of Fashion Group Giordano & Media Group Next Digital

15th December 2022 – Hong Kong billionaire Jimmy Lai (Age 75) had been sentenced to jail for 5 years & 9 months for violating office lease contract of newspaper Apple Daily by using premise to run his private consulting firm (Dico Consultants Ltd).  Hong Kong District Court Judge Stanley Chan also issued an order to disallow Jimmy Lai from becoming a director of any company for 8 years and a fine of $260,000 (HKD 2 million). Wong Wai-keung, a Next Digital senior executive, is also found guilty of fraud and sentenced to 21 months in jail.  Jimmy Lai has an estimated personal fortune of $1.2 billion, and is the founder of fashion group Giordano & media group Next Digital (parent company of Apple Daily).

Jimmy Lai jailed over fraud

Jailed Hong Kong media tycoon Jimmy Lai found guilty of fraud in office lease case

Hong Kong billionaire’s last interview as a free man – BBC News

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