The Canadian government is arguing against it, citing Meng's immense resources and lack of a connection to Canada. Meanwhile, her lawyer has argued that her family fortune cannot be held against her.

The hearing will resume on Monday.

During the first hearing of Huawei Chief Financial Officer Meng, Canadian prosecutors have revealed the charges over which the US is seeking her extradition: She has been accused of conspiracy to defraud banks due to what prosecutors allege was an attempt to cover up transactions involving a Huawei subsidiary that violated US sanctions against Iran.

Appearing in court wearing a green jumpsuit and without handcuffs, Meng reportedly looked to be in good spirits in a Vancouver courtroom where the prosecutions' case was detailed publicly for the first time.