Hong Kong tycoon Jimmy Lai detained over fraud charges until April court hearing

A Hong Kong court

A Hong Kong court has denied media tycoon Jimmy Lai bail on Thursday, detaining him until his April court hearing over a fraud charge related to the illegal use of his company’s premises.

Lai was arrested by authorities earlier this year under Hong Kong’s new national security law, and was later released on bail. However, during his trial on a separate fraud charge, the presiding judge ordered his detention over concerns he is an “absconding risk.”

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