Hong Kong's oldest pro-democracy party has decided to disband, the group announced Sunday, after its members formally voted to dissolve the organisation and enter liquidation.

The Democratic Party was founded in 1994, near the end of British colonial rule, when Hong Kong's leading liberal groups merged.

"Over these thirty years, we have taken part in and borne witness to the development and transformation of Hong Kong society, watching its systems and environment undergo one profound change after another," the party said in a statement.

"Yet as the times have shifted, we now, with deep regret, must bring this chapter to a close," it added.

At Sunday's meeting, 117 out of 121 members voted to the group's liquidation, with the remaining four votes being blank ballots, Lo Kin-hei, the par

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