Hong Kong Court Backs Bid to Keep Tycoon Jimmy Lai in Jail Bloomberg 2/9/2021 Kari Lindberg and Iain Marlow (Bloomberg) -- Hong Kong’s top court ordered media tycoon Jimmy Lai to stay in jail ahead of his trial on foreign collusion charges, in a victory for Beijing that shows the city’s judges are unlikely to challenge a China-drafted security law. The Court of Final Appeal unanimously decided Tuesday to keep Lai in custody, while laying out strict standards for defendants to seek bail under the security legislation enacted last year. The top court had already sent the Next Digital Ltd. founder and frequent Beijing critic back to jail on Dec. 31 to give judges time to consider the case after the government challenged a lower court’s decision to release him into house arrest.