 Global news 24 hours a day and whenever you want it with Bloomberg News Now in San Francisco. I'm Ed Baxter. This is Bloomberg. Back to Hong Kong, Brian. Thank you very much, Ed. 25 minutes past the hour. Well, Arcego's capital management founder, Bill Huang, has been found guilty of criminal charges stemming from his firm's collapse in 2021. Joining us now is our reporter on this story, Chris Dolmetsch, who's a Bloomberg U.S. legal reporter. So, Chris, what were the key factors here in the process?