Hong Kong publisher Jimmy Lai unexpectedly wins bail

Tycoon banned from tweeting, meeting foreign officials and giving interviews

20201223 Jimmy Lai

Hong Kong media mogul Jimmy Lai is escorted to a prison van on Dec. 12, after being charged under the national security law. © Reuters

KENJI KAWASE, Nikkei Asia chief business news correspondent

HONG KONG -- Hong Kong media tycoon Jimmy Lai was unexpectedly granted bail on Wednesday, though he will be subject to strict conditions.

Prosecutors immediately appealed the decision and the territory's High Court opened an extra round of hearings in the late afternoon, but the judge rejected their arguments. As a result, Lai is set to be released from detention.

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