Hong Kong Case Law: Decisions & Judgments | LexChat

Hong Kong Case Law

Iou note
  • 26 Mar 2026

    TANG QIONG v. ZHANG TINGTING

    Citation
    [2026] HKCFI 1843
    Court
    Court of First Instance
    Case number
    HCA452/2018

    The Court accepted the Plaintiff's unchallenged evidence and the IOU note together with corroborative statements and audio recordings established that the Plaintiff was the lender under an oral loan agreement for RMB 4,000,000 at 3% per month; the Defendant ceased interest payments from 1 December 2014, so the Plaintiff is entitled to principal plus accrued contractual interest to judgment and thereafter judgment rate interest; the Defendant's adjournment request was unsupported and refusal to adjourn was justified.