Hong Kong's Democratic Party said Thursday it is formally dissolving what once was the main political opposition group in the city. A task force has been set up to handle the legal and financial details of dissolution.

The leaders of Hong Kong's Democratic Party have announced plans to dissolve what was once the city's largest opposition group. Members will soon vote on the final decision on whether to shut down the 31-year-old party, chairman Lo Kin-hei said.

Hong Kong’s largest pro-democracy party took an initial step toward dissolving on Thursday. Hong Kong’s Democratic Party’s chairperson Lo Kin-hei said in a news conference that the party's central committee decided to set up a task force to look into the procedures involved.

The Civic Party, Hong Kong's second largest pro-democracy political party, was dissolved in 2023. A few of its members have also been jailed under the national security law including Alvin Yeung and Jeremy Tam. (Reporting by Anson Law and James Pomfret; additional reporting by Joyce Zhou and Jessie Pang; Editing by William Maclean)

Hong Kong's Democratic Party is set to discuss its potential disbandment as early as this week, according to multiple local news reports.

The Hong Kong Democratic Party, a leading opposition force dating back to the British colonial era, is set to disband, following a years-long political crackdown in the Chinese territory that has seen prominent activists jailed and pro-democracy figures barred from standing for election.

From being largest opposition party, it can now barely raise funds as it struggles to stay relevant in post-national security law era, leaders admit After the imposition of a wide-ranging national security law in Hong Kong in 2020,