24 Dec 2025
LI YUHONG v. oOo SECURITIES (HK) GROUP LTD (formerly known as ORIENTIERT XYZ SECURITIES LTD) (formerly known as AMTD Global Markets Ltd) (formerly known as AMTD Asset Management Ltd)
- Citation
- [2025] HKCFI 5270
- Court
- Court of First Instance
- Case number
- HCA475/2020
On the evidence the court found that the defendant (through employee Ariel Liu) made the early redemption and low-risk representations, those representations were false, plaintiff relied on them and was induced to invest HK$10.5m; defendant failed to monitor/manage the entrusted bonds, did not consider or exercise early redemption or default remedies, and breached fiduciary, contractual and statutory duties; defendant cannot rely on contractual non-reliance/exemption clauses (unreasonable/unconscionable or subject to non est factum); judgment for plaintiff on liability, quantum to be assessed…