By James Pomfret and Jessie Pang HONG KONG, Dec 15 (Reuters) - Hong Kong's High Court on Monday found pro-democracy campaigner Jimmy Lai guilty on two counts of conspiracy to collude with foreign forces and one count of sedition under a China-imposed national security law that could see him jailed for life.

Senior party members previously alleged they had been told to disband or face severe consequences, including possible arrest.

These problems first took root as China prepared to assume control of Hong Kong from Britain, in 1997. Concerned that the transition would scare off foreign investors, Chinese leaders tried to woo real-estate tycoons and other business elites by giving them key roles overseeing the city’s future governance.

The individual was calling for a deeper investigation into the devastating apartment complex fire last month in Hong Kong that killed more than 160 people and displaced thousands

Last year's Hong Kong Triple Crown winner repelled determined runner-up Soul Rush for a second straight win in the race