2 Mar 2026
YAO GUOLIANG AND ANOTHER v. FOREVER WINNER INTERNTIONAL LTD AND OTHERS
- Citation
- [2026] HKCFI 1146
- Court
- Court of First Instance
- Case number
- HCMP2442/2024
On an objective construction of the Undertaking and its context, "assets" did not include mere physical share certificates; the mere movement of those certificates from the UBS account without more did not constitute dealing with Forever Winner's assets and therefore did not breach the Undertaking or render Wang's affirmation false; accordingly the ex parte Order 52 leave was set aside and the committal (contempt) proceedings dismissed.