Hong Kong Case Law: Decisions & Judgments | LexChat

Hong Kong Case Law

Value threshold for appeals respecting property or civil rights
  • 28 Sept 2009

    SANYUAN GROUP LTD v. THE STOCK EXCHANGE OF HONG KONG LTD

    Citation
    SANYUAN GROUP LTD v. THE STOCK EXCHANGE OF HONG KONG LTD
    Court
    Court of Appeal
    Case number
    CACV191/2008

    Leave to appeal was refused because the appeal did not involve a claim or question to or respecting property or a civil right with a clearly quantifiable value of HK$1,000,000 or more such that an appellate order would immediately confer or impose that financial benefit or detriment; the alleged value of listing status did not meet the statutory test and any financial benefit would not necessarily accrue to the applicant company; the s22(1)(b) public importance threshold was also not satisfied.

    • Leave to appeal under s22(1)(a) and s22(1)(b) of the court of final appeal ordinance
    • Value threshold for appeals respecting property or civil rights
    • Listing status and proprietary/financial interest in listing
    • Remedies in judicial review (quashing and remit)
    • Public importance threshold for leave