10 Sept 2025
YIU CHING KUM AND ANOTHER v. YIU HO WING
- Citation
- [2025] HKCFI 4053
- Court
- Court of First Instance
- Case number
- HCA1654/2020
The DFA is admissible (or its material terms proved by secondary evidence and admissions), is not a stamped-chargeable transfer of beneficial interest in China Ease shares, and creates an express trust such that the Defendant holds 3,000 shares in China Ease on trust for the Plaintiffs in equal shares; the Chinese Document lacked the requisite certainties and did not create any trust in Defendant's favour; Defendant's allegations of misrepresentation, non-disclosure, abandonment and delay fail and he is barred from rescission; Defendant breached his trustee duties by refusing to transfer and…