HONG KONG: Hong Kong pro-democracy media mogul Jimmy Lai walked free on bail on Wednesday , over 40 hours after he and other critics of China were rounded up by police as part of a widening crackdown on dissent.
In one of the most dramatic days of the crackdown, Lai was among 10 people detained under the new law on Monday as around 200 police officers searched the newsroom of his tabloid, which is unapologetically critical of Beijing. One restaurant owner bought 50 copies at a newsstand in the commercial district of Mong Kok and said he planned to give them away free of charge.
Lai's arrest sparked a buying spree in shares of his media group, and between Monday morning and closing time on Tuesday its stock value had risen by more than 1,100 per cent. Its broadly worded provisions criminalised certain political speech overnight, such as advocating sanctions, and greater autonomy or independence for Hong Kong.Lai, 71, was held on charges including colluding with foreign forces and fraud. The operation was hailed by Beijing, quick to declare him an"anti-China rabble-rouser" who conspired with foreigners to"stir up chaos".
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