15 Aug 2025
OOO SECURITIES (HK) GROUP LTD (formerly known as ORIENTIERT XYZ SECURITIES LTD) v. BANK OF QINGDAO CO., LTD
- Citation
- [2025] HKCFI 3503
- Court
- Court of First Instance
- Case number
- HCA1141/2022
The judge found no real prospect of success on any pleaded ground of appeal: the Unless Order was correctly construed in context; relief against sanction was contingent on Ground 1 and therefore not sustainable; the Everglory Amendments are sufficiently clear in context and raise triable issues; the Clause 3.2 Amendments are permissible notwithstanding likely nominal damages; and the summons was dismissed with costs assessed at HK$380,000 but not on an indemnity basis.