Surprise ruling comes weeks after the media mogul was convicted and jailed for 20 years on national security charges.

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A Hong Kong appellate court has overturned a fraud conviction against pro-democracy media tycoon Jimmy Lai in a surprise ruling weeks after his jailing for 20 years on a separate national security charge.

The ruling by the Court of First Instance on Thursday said that it allowed the appeal from Lai and ⁠another defendant in the case to proceed as a lower court judge had “erred”.