Hong Kong media start from the bottom: Li Zhiying is suspected of turning over the account to fund the "speculation" team, the "black money" is as high as 10 million

  [Global Network Comprehensive Reporting reporter Zhao Youping] "Sing Tao Daily" today (12th) began the investigation of the "I want to speculate" organization that Li Zhiying, a Hong Kong rioter, was suspected of funding. The organization lobbied foreign governments to impose sanctions on Hong Kong. The "funding owner" used a circuitous method to remit multiple funds to the organization's account through multiple countries, involving "black gold" that may amount to 10 million yuan. The police are tracking the whereabouts of the funds.

  On the 10th, the National Security Department of the Hong Kong Police arrested 10 people including Li Zhiying, the founder of Next Media, on suspicion of colluding with foreign countries or foreign forces to endanger national security. Li Zhiying was detained for nearly 40 hours and left the Mong Kok Police Station early this morning (12th) , The bail amount includes 300,000 yuan (HK$, the same below) in cash and 200,000 yuan of personnel guarantee. It is also reported that Li Zhiying’s 50 million yuan assets have been frozen.

  When the Hong Kong police reported Li Zhiying’s arrest on the evening of the 10th, they said that some media executives used foreign accounts to fund gangs seeking foreign sanctions on Hong Kong. According to the report, the Hong Kong Police's National Security Department had investigated an organization operated by 2 men and 1 woman that actively requested foreign sanctions or blockade of Hong Kong, and discovered that a group of high-ranking media officials used foreign accounts to provide financial support to the organization. The organization involved in the case has been in operation for nearly a year and continued to operate actively after the implementation of the Hong Kong National Security Law. The police arrested the 5 men and 1 woman involved in the case.

  According to "Sing Tao Daily", the Hong Kong organization that Li Zhiying is suspected of funding is "I want to chase speculation" (to chase speculation means "jade and stone are burned" and "to die together"). The organization is suspected of using substantive actions to lobby foreign governments to sanction the Mainland and Hong Kong. Members of the organization have held more than 50 rallies in 12 countries, calling for sanctions in the United States and the United States. Prior to this, they initiated online crowdfunding and so far, they have raised more than 13 million yuan as lobbying funds, planning to "recover Hong Kong".

  The "Sing Tao Daily" quoted news as saying that the "funder" of the organization used a circuitous method to remit multiple funds to the organization's Hong Kong and overseas accounts through multiple countries to help facilitate the "speculation" plan. As high as one million yuan, the "black gold" involved may be worth tens of millions. The police are tracing the fund's whereabouts. The focus of the investigation includes the "Apple Daily" charity fund. Therefore, during the previous day's search of the Next Media Building, a large number of documents related to the fund were taken away And information.

  According to Sing Tao Daily, it is reported that the fund has 9 directors, including Zhang Jianhong, chief executive of Next Media and the president of Apple Daily, and Zhou Daquan, chief financial officer of Next Media, who was also arrested the day before. The latter is also one of the founding directors of the fund. Some media even pointed out on the 11th that reporters from the newspaper had assisted persons suspected of participating in anti-revision demonstrations to successfully apply for funds, and some of them have now left Hong Kong.

  On the 11th, the founder of "I Want Lan Chao" "Lan Chao Ba" used the "Lian Dang" discussion area and Telegram channel commonly used by the opposition to claim that Li Yuxuan, a member of the "Hong Kong Story", a non-governmental organization arrested by the Hong Kong police, and former "Xuemin" Li Zongze, a member of the Trend of Thought, personally supported the "International Election Committee" in November last year, but the Hong Kong National Security Law stipulates that there is no retrospective period and questioned the illegal arrest of the police.

  "Lanchao Pakistan" also arrogantly claimed that the team's funds "long-term and properly release (in) foreign banks" will continue to organize and support counterattacks around the world, and demand the immediate release of all arrested persons.

  The "I Want to Seek Speculation" organization threatened to actively promote "seeking speculation to save Hong Kong." A reporter from the "Sing Tao Daily" checked the information and found that its members launched the "Gofundme" website at the end of May this year. After speculation, it is Morning Sun’s crowdfunding plan, which aims to raise US$1.75 million (approximately HK$13.65 million) and has raised more than US$1.68 million (approximately HK$13.1 million), which is close to reaching the target.

  On the 10th, the spokespersons of the Hong Kong and Macao Affairs Office of the State Council and the Liaison Office of the Central People’s Government in the Hong Kong Special Administrative Region respectively expressed their resolute support for the Hong Kong Special Administrative Region police. They arrested Li Zhiying and others in accordance with the law that day, and emphasized that they are against collusion with foreign countries or Anti-China and Hong Kong rioters who endanger national security by foreign forces must be severely punished in accordance with the law.