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A plane flies over the Two International Finance Centre in Hong Kong in 2024.

Why a Hong Kong law that is eroding press freedom is also bad for business

New York, June 30, 2025—Hong Kong, an international financial hub and once a beacon of free media, is now in the grip of a rapid decline in press freedom that threatens the city’s status as a global financial information center. Three journalists told CPJ that investigative reporting on major economic events, a cornerstone of Hong…

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Police are seen in Hong Kong on April 26, 2020. Police recently arrested two journalists for alleged loitering. (Reuters/Tyrone Siu)

Hong Kong police arrest 2 reporters for alleged ‘loitering’

On April 28, 2020, Hong Kong police arrested two Next Magazine reporters at Pik Shui Sun Tsuen, in Clear Water Bay, on allegations of loitering, according to news reports.

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