10 Apr 2026
ZHANG XIAOCHEN v. PC SECURITIES LTD
- Citation
- [2026] HKCFI 1975
- Court
- Court of First Instance
- Case number
- HCA1160/2021
The court found the written contracts and surrounding warnings established an execution-only relationship and contractual estoppel, the plaintiff was a professional investor who made independent investment choices, and there was no sufficient evidence that the defendant assumed advisory duties or made negligent/reckless misrepresentations that the plaintiff reasonably relied upon; accordingly the plaintiff's claim failed and was dismissed.