Hong Kong Case Law: Decisions & Judgments | LexChat

Hong Kong Case Law

Asset under management (aum)
  • 2 Feb 2026

    YEUNG WING WAH v. CHUI TSAN KIT

    Citation
    [2026] HKCFI 139
    Court
    Court of First Instance
    Case number
    HCA2118/2016

    On proper textual and contextual construction the Service Agreement imposed a contractual 12% p.a. profit guarantee; the AUM was HK$206,750,119.33 as particularised in Annex B; defendant failed to exercise reasonable skill and care in multiple respects (failure to explain and obtain prior authority, failure to diversify, failure to implement stop‑loss and to liquidate small‑price shares, inadequate monitoring), causing investment losses and a shortfall against the guaranteed return; plaintiff entitled to recover total of HK$84,316,928.36 (HK$55,371,911.65 losses + HK$28,945,016.71 guaranteed…