Yeung, charged with five counts of money laundering involving more than ?56.8million, appeared in court on Thursday offering to increase his bail to ?238,000. Yeung wanted to fly to England to attend Birmingham's match against Coventry and attend to club business.
But a magistrate ruled that Yeung must remain in the Chinese territory at least until he enters a plea in a District Court on August 30.
No go: Carson Yeung (centre) leaves court in Hong Kong on Thursday
Birmingham fans were initially skeptical about Yeung, who made his fortune in the Hong Kong real estate market. His protracted pursuit of Birmingham ended in October 2009 with an ?81.5m takeover.
However Yeung won over many fans when his first season as owner ended with Birmingham's highest top-flight finish for more than 50 years and some big-money signings.
Troubled times: Blues were relegated from the Premier League last term
Then last season the club won the League Cup, their first trophy since 1963. However that was soon followed by Birmingham's relegation from the Premier League, confirmed on the last day of the 2010-11 season.
The League Cup win does give Birmingham a place in the Europa League this season, where they will play Portuguese club Nacional in a pre-group stage playoff, with the first leg on Thursday.
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