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.

Hong Kong’s Democratic Party said on Thursday that it would begin steps to disband, citing the political situation. The city’s largest opposition group, the Democratic Party marked its 30th anniversary last year.

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.

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 — Hong Kong’s largest pro-democracy party took an initial step toward dissolving Thursday, in the latest sign of the Chinese territory's narrowing space for civil society groups following Beijng's crackdown on dissent.

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.

A 30-year-old Hong Kong political party that used to lead the city's pro-democracy camp before Beijing cracked down on dissent will start preparations to shut down, its leader said Feb. 20. "We are going to proceed and study on the process and procedure that is needed for the disbanding," said Lo Kin-hei, chairman of Hong Kong's Democratic Party.

HK's opposition Democratic Party will set up a special task force to discuss steps to disband, party chair Lo Kin-hei has announced.