A Hong Kong court has found media tycoon Jimmy Lai, barrister Martin Lee and five other pro-democracy leaders guilty of participating in an an authorized protest in 2019, per Bloomberg. They'll receive sentences at a later date.

Why it matters: The verdict is a further blow for the city's pro-democracy movement. It comes a day after China's government a passed a law that critics say effectively ends democratic elections in Hong Kong. The pro-democracy figures were convicted under a draconian national security law the Chinese government imposed on the territory last year.

Flashback: Hong Kong again jails Jimmy Lai after release on bail