Hong Kong’s largest pro-democracy party took an initial step toward dissolving on Thursday. Hong Kong’s Democratic Party’s chairperson Lo Kin-hei said in a news conference that the party's central committee decided to set up a task force to look into the procedures involved.

The Civic Party, Hong Kong's second largest pro-democracy political party, was dissolved in 2023. A few of its members have also been jailed under the national security law including Alvin Yeung and Jeremy Tam. (Reporting by Anson Law and James Pomfret; additional reporting by Joyce Zhou and Jessie Pang; Editing by William Maclean)

A 30-year-old Hong Kong political party that used to lead the city's pro-democracy camp before Beijing cracked down on dissent will start preparations to shut down, its leader said Thursday. "Developing democracy in Hong Kong is always difficult,

China's largest bubble tea and drinks firm, Mixue Group, is seeking to raise HK$3.45 billion ($443.66 million) in a Hong Kong initial public offering, a regulatory filing showed on Friday. The company started bookbuilding on Friday for its sale of 17.

Mixue Group, which operates China’s largest bubble-tea chain, is planning to raise HK$3.45 billion ($444 million) in an initial public offering in Hong Kong.