Jimmy Lai verdict and Panama port saga: what shaped Hong Kongโ€™s 2025 political scene



A series of consequential political developments and controversies made 2025 a significant year for Hong Kong.

Hong Kong tycoon Li Ka-shingโ€™s company CK Hutchison Holdings was caught in the crossfire of US-China tensions over a deal to sell its Panama Canal ports, which was eventually put on hold under pressure from Beijing.

Locally, the city held its second Legislative Council election under Beijingโ€™s โ€œpatriots-onlyโ€ overhaul, with the voter turnout slightly surpassing the previous record low.

By the end of the year, former media boss Jimmy Lai Chee-ying was convicted in a high-profile national security trial, which again sparked a war of words between Beijing and several Western countries.

Here is what you need to know about Hong Kongโ€™s major political developments this year.

Panama port sale

In March, CK Hutchison Holdings, a Hong Kong conglomerate, disclosed a deal to sell its Panama Canal port interests to a BlackRock-led consortium.

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