Hong Kong Case Law: Decisions & Judgments | LexChat

Topic

Interpretation of commercial agreements

Legal area

Court

10 Sept 2025

RED ASSET MANAGEMENT LTD AND ANOTHER v. SANCUS GROUP LTD AND ANOTHER

Citation

[2025] HKCFI 4166
Court

Court of First Instance
Case number

HCA1493/2022

The application for a stay pending appeal was dismissed because the appeal did not demonstrate the requisite strength to justify stay (only arguable at best) and the applicant failed to provide credible evidence of a real risk that the judgment sum would be irrecoverable from the plaintiffs; accordingly no stay was granted and costs were ordered against the applicant.
12 Jul 2019

JOE ZHIXIONG ZHOU v. SAIF PARTNERS II L.P. AND ANOTHER

Citation

[2019] HKCA 766
Court

Court of Appeal
Case number

CACV62/2018

The Court of Appeal held that (1) the plaintiff, given his contractual role and conduct, owed fiduciary duties to the 1st defendant and Fund II co‑partners; (2) the judge was entitled to order an account of profits and disgorgement and to direct disclosure with confidentiality protections and to require the 1st defendant to hold any disgorged profits on trust for Fund II so as to avoid over‑recovery; (3) the plaintiff's procedural and substantive challenges (functus officio, reflective loss) failed as raised late or on insufficient basis; (4) proviso (iv) of article 7.1(c) construed to requir…