11 Nov 2025
YINGHENG CO LTD v. SANG KANGQIAO
- Citation
- [2025] HKCFI 5506
- Court
- Court of First Instance
- Case number
- HCA674/2025
The court found that there are serious issues to be tried on the Plaintiff's proprietary claim because the Draft SPA and surrounding evidence are equivocal and do not show a concluded sale; damages would be inadequate as the shares represent a controlling stake; balance of convenience favours preservation of the shares; accordingly an interlocutory proprietary injunction and ancillary disclosure were granted, with the Plaintiff ordered to fortify its undertaking by payment of HK$1,000,000 into court and specific costs directions given.