Arbitral Digest

Matter

Beijing Chengyi Haotai Investment Management Co Ltd v Zhang Yuping (High Court of Hong Kong HCCT 1/2025; [2025] HKCFI 3002)

Hong Kong injunction proceedings between Beijing Chengyi Haotai and Zhang Yuping under the Arbitration Ordinance, including a stay pending leave to appeal.

  • International commercial arbitration
  • Interim measures
  • Asset tracing and recovery

Procedural record

  1. 2 January 2025Hong Kong

    2 January 2025Hong Kong

    Injunction order of the High Court of Hong Kong in HCCT 1/2025

    High Court of Hong Kong, Court of First Instance

    Case no.
    HCCT 1/2025
    Decision summary
    The order restricted the defendant from dealing with assets whether held in his own name or otherwise, and whether solely or jointly owned.

    4 months and 27 days later · 147 days

  2. 29 May 2025Hong Kong

    29 May 2025Hong Kong

    Decision of the High Court of Hong Kong in the case HCCT 1/2025 dated 29 May 2025

    High Court of Hong Kong, Court of First Instance

    Case no.
    HCCT 1/2025
    Decision summary
    The court dismissed the plaintiff's application to continue the injunction order, finding no solid basis for a real risk of unjustified dissipation, that delay in applying for the Mareva injunction was fatal, and that there had been material non-disclosure.

    1 month and 12 days later · 43 days

  3. 11 July 2025Hong Kong

    11 July 2025Hong Kong

    Decision of the High Court of Hong Kong in the case HCCT 1/2025 dated 11 July 2025

    High Court of Hong Kong, Court of First Instance

    Case no.
    HCCT 1/2025
    Citation
    [2025] HKCFI 3002
    Decision summary
    The court granted an interim stay of its dismissal of the plaintiff's application to continue a Mareva injunction, pending determination of the plaintiff's application for leave to appeal. It held that the leave application would likely be rendered nugatory without an interim stay and that at least one proposed appeal ground might have reasonable prospects of success.

    Participants

    Beijing Chengyi Haotai Investment Management Co Ltd
    Representative
    Benjamin Yu SC (For: Beijing Chengyi Haotai Investment Management Co Ltd)
    Representative
    Roger Phang (For: Beijing Chengyi Haotai Investment Management Co Ltd)
    Representative
    Kelvin Tse (For: Beijing Chengyi Haotai Investment Management Co Ltd)
    Representative
    Siao, Wen and Leung (For: Beijing Chengyi Haotai Investment Management Co Ltd)
    Zhang Yuping
    Representative
    Victor Dawes SC (For: Zhang Yuping)
    Representative
    Byron Chiu (For: Zhang Yuping)
    Representative
    Shaun Elijah Tan (For: Zhang Yuping)
    Representative
    Anthony Siu & Co. (For: Zhang Yuping)
    High Court of Hong Kong, Court of First Instance
    Judge
    Andrew SY Li
    Other
    Witness
    Wong Ming Wai Matthew
    Witness
    Yuen Ho Lung

    Authorities cited

    7
    • Hong Kong Arbitration Ordinance (Cap. 609) (Arbitration Ordinance (Cap. 609))
      statute
    • Hong Kong High Court Ordinance (Cap. 4) (High Court Ordinance (Cap. 4))
      statute
    • Hong Kong Rules of the High Court (Cap. 4A) (Rules of the High Court (Cap. 4A))
      statute
    • Star Play Development Ltd v Bess Fashion Management Co Ltd ([2007] 5 HKC 84)
      case law
    • China Art Bank Co Ltd v Xu Zhiqiang ([2018] HKCA 63)
      case law
    • Trenus Oceanway Ltd v Richland International Ltd and Another ([2022] HKCA 200)
      case law
    • Symphony Partners Ltd v Fullerton Bay Investment Ltd ([2018] 4 HKLRD 264)
      case law

Matter record

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Beijing Chengyi Haotai Investment Management Co Ltd v Zhang Yuping (High Court of Hong Kong HCCT 1/2025; [2025] HKCFI 3002) · Matter