30 Oct 2020
RAN FENGMING v. CHINA FUND SECURITIES LTD
- Citation
- [2020] HKCFI 2749
- Court
- Court of First Instance
- Case number
- HCA2414/2019
Leave to intervene was granted because the Actions concerned matters within the SFO's relevant provisions, the Commission had a legitimate interest and had complied with the statutory preconditions including consultation with the Financial Secretary, and intervention (with a stay) was necessary in the public interest to prevent dissipation of assets and to address a real risk of collusive or inadequately defended litigation by the defendant.