KEY POINTS

  • The 78-year-old was charged under Hong Kong’s controversial national security law.

  • The law was enacted by Beijing in 2020 after pro-democracy protests swept the region in 2019.

  • The businessman founded Asian clothing brand Giordano, newspaper Apple Daily and digital media company Next Digital.

  • The verdict comes on the heels of the dissolution of Hong Kong’s last pro-democracy party on Sunday after 31 years.