Matter

Xiamen Xinjingdi Group Co Ltd v Eton Properties Limited and another (Court of Final Appeal of Hong Kong Miscellaneous Proceedings No. 68 of 2026 [2026] HKCFA 30)

CIETAC arbitration over a Xiamen development and Hong Kong proceedings for damages, interest and enforcement following failure to honour the award.

International commercial arbitration
Recognition and enforcement of arbitral awards

27 October 2006Arbitration
27 October 2006Arbitration
Arbitral Award dated 27 October 2006
China International Economic and Trade Arbitration Commission
Decision summary
The tribunal ordered Eton Properties Limited and Eton Properties (Holdings) Limited to continue to perform the Agreement.
Participants
Xiamen Xinjingdi Group Co Ltd
Eton Properties Limited
Eton Properties (Holdings) Limited
China International Economic and Trade Arbitration Commission
Mentioned in judgment
2 years, 5 months and 26 days later · 908 days
22 April 2009Arbitration
22 April 2009Arbitration
Tribunal ruling dated 22 April 2009
China International Economic and Trade Arbitration Commission
Decision summary
The tribunal dismissed Eton Properties Limited and Eton Properties (Holdings) Limited's application and reiterated its order for continued performance of the Agreement.
Participants
Xiamen Xinjingdi Group Co Ltd
Eton Properties Limited
Eton Properties (Holdings) Limited
China International Economic and Trade Arbitration Commission
Mentioned in judgment
11 years, 5 months and 17 days later · 4188 days
9 October 2020Hong Kong
9 October 2020Hong Kong
Judgment of Court of Final Appeal of Hong Kong in the case FACV 3/2019 and FACV 5/2019 dated 9 October 2020
Court of Final Appeal of Hong Kong
Case no.
FACV 3/2019 and FACV 5/2019
Citation
[2020] HKCFA 32
Decision summary
The Court unanimously dismissed both appeals. It upheld the availability of damages in a common-law action for breach of the implied promise to honour the CIETAC award, including where the award required continued performance. It also dismissed Xiamen's cross-appeal concerning economic torts and a constructive trust.
Participants
Xiamen Xinjingdi Group Co Ltd
Representative
David Joseph QC (For: Xiamen Xinjingdi Group Co Ltd)
Representative
Edward Chan SC (For: Xiamen Xinjingdi Group Co Ltd)
Representative
Bernard Man SC (For: Xiamen Xinjingdi Group Co Ltd)
Representative
Lee Tung Ming (For: Xiamen Xinjingdi Group Co Ltd)
Representative
Keith Lam (For: Xiamen Xinjingdi Group Co Ltd)
Representative
Justin Ho (For: Xiamen Xinjingdi Group Co Ltd)
Representative
James Man (For: Xiamen Xinjingdi Group Co Ltd)
Representative
Anthony Siu & Co (For: Xiamen Xinjingdi Group Co Ltd)
Eton Properties Limited
Representative
Steven Gee QC (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Representative
Benjamin Yu SC (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Representative
Richard Khaw SC (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Representative
Bonnie Y K Cheng (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Representative
Mayer Brown (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Eton Properties (Holdings) Limited
Representative
Steven Gee QC (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Representative
Benjamin Yu SC (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Representative
Richard Khaw SC (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Representative
Bonnie Y K Cheng (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Representative
Mayer Brown (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Eton Properties Group Limited
Representative
Benjamin Yu SC (For: Eton Properties Group Limited · Legend Properties (Xiamen) Company Limited (Hong Kong))
Representative
Paul Shieh SC (For: Eton Properties Group Limited · Legend Properties (Xiamen) Company Limited (Hong Kong))
Representative
Elizabeth Cheung (For: Eton Properties Group Limited · Legend Properties (Xiamen) Company Limited (Hong Kong))
Representative
Wilkinson & Grist (For: Eton Properties Group Limited · Legend Properties (Xiamen) Company Limited (Hong Kong))
Legend Properties (Xiamen) Company Limited (Hong Kong)
Representative
Benjamin Yu SC (For: Eton Properties Group Limited · Legend Properties (Xiamen) Company Limited (Hong Kong))
Representative
Paul Shieh SC (For: Eton Properties Group Limited · Legend Properties (Xiamen) Company Limited (Hong Kong))
Representative
Elizabeth Cheung (For: Eton Properties Group Limited · Legend Properties (Xiamen) Company Limited (Hong Kong))
Representative
Wilkinson & Grist (For: Eton Properties Group Limited · Legend Properties (Xiamen) Company Limited (Hong Kong))
Tan Lucio C
Representative
Ronny Tong SC (For: Tan Lucio C)
Representative
Kate Poon (For: Tan Lucio C)
Representative
Baker & McKenzie (For: Tan Lucio C)
Court of Final Appeal of Hong Kong
Judge
R A V Ribeiro PJ
Judge
Joseph Fok PJ
Judge
Andrew Cheung PJ
Judge
Kemal Bokhary NPJ
Judge
Lord Sumption NPJ
Authorities cited
63
- African Fertilizers & Chemicals NIG Ltd (Nigeria) v BD Shipsnavo GmbH & Co Reederei KG
  case
- Agromet Motoimport v Maulden Engineering Co (Beds) Ltd
  case
- Akers v Samba Financial Group
  case
- Anstalt Nybro v Hong Kong Resort Co Ltd
  case
- Associated Electric & Gas Insurance Services Ltd v European Reinsurance Company of Zurich
  case
- Bellshill and Mossend Co-operative Society Ltd v Dalziel Co-operative Society Ltd
  case
- Birtley and District Cooperative Society Ltd v Windy Nook and District Industrial Cooperative Society Ltd (No 2)
  case
- Bremer Oeltransport GmbH v Drewry
  case
- British Industrial Plastics Ltd v Ferguson
  case
- British Motor Trade Association v Salvadori
  case
- D C Thomson & Co Ltd v Deakin
  case
- Dalmia Cement Ltd v National Bank of Pakistan
  case
- Dalmia Dairy Industries v National Bank of Pakistan
  case
- Fiona Trust v Privatov
  case
- First Laser Ltd v Fujian Enterprises (Holdings) Co Ltd
  case
- FJ Bloemen Pty Ltd v Council of the City of Gold Coast
  case
- Gater Assets Ltd v Nak Naftogaz (No 2)
  case
- GWK Ltd v Dunlop Rubber Co Ltd
  case
- Harbour Assurance Co (UK) Ltd v Kansa General International Insurance Co Ltd
  case
- Heyman v Darwins Ltd
  case
- Johnson v Agnew
  case
- Kuwait Oil Tanker Co SAK v Al-Bader (No 3)
  case
- Lumley v Gye
  case
- Lysaght v Edwards
  case
- Millar v Bassey
  case
- National Ability SA v Tinna Oils & Chemicals Ltd (The Amazon Reefer)
  case
- Norsk Hydro ASA v State Property Fund of Ukraine
  case
- Norske Atlas Insurance Co Ltd v London General Insurance Co Ltd
  case
- OBG Ltd v Allan
  case
- PetroChina International (Hong Kong) Corp Ltd
  case
- Said v Butt
  case
- Selby v Whitbread & Co
  case
- Walker v Rome
  case
- West Tankers Inc v Allianz SpA (The Front Comor)
  case
- White and Carter (Councils) Ltd v McGregor
  case
- Wood Preservation Ltd v Prior
  case
- Xiamen v Eton, HCCT 54/2007, [2008] 4 HKLRD 972
  case
- Xiamen v Eton, CACV 106 and 197/2008, [2009] 4 HKLRD 353
  case
- Xiamen v Eton, HCA 961/2008, decision of Fok J on the stay applications
  case
- Xiamen v Eton, CACV 88 and 89/2010, [2011] 1 HKLRD 781
  case
- Xiamen v Eton, FAMV 4 and 5/2011, 4 May 2011
  case
- Xiamen v Eton, HCMP 13, 15, 18 and 21/2012, 14 February 2012
  case
- Xiamen v Eton, HCCL 13/2011, 14 June 2012
  case
- Xiamen v Eton, CACV 158/2012, [2016] 2 HKLRD 1106
  case
- Xiamen v Eton, [2018] HKCA 940
  case
- Xiamen v Eton, [2018] HKCA 942
  case
- Xiamen v Eton, [2019] HKCFA 21
  case
- Arbitration Ordinance (Hong Kong, Cap 341)
  statute
- Arbitration Ordinance (Hong Kong, Cap 609)
  statute
- Arbitration (Amendment) Ordinance 2000 (Hong Kong)
  statute
- Basic Law of the Hong Kong Special Administrative Region of the People's Republic of China
  statute
- Limitation Ordinance (Hong Kong, Cap 347)
  statute
- Arbitration Law of the People's Republic of China
  statute
- Arbitration Act 1950 (United Kingdom)
  statute
- Supreme Court Act 1981 (United Kingdom)
  statute
- Rules of the High Court (Hong Kong)
  rules
- CIETAC Arbitration Rules
  rules
- Arrangement concerning Mutual Enforcement of Arbitral Awards between the Mainland and the HKSAR
  treaty
- Convention on the Recognition and Enforcement of Foreign Arbitral Awards (New York, 1958)
  treaty
- Mustill and Boyd, Commercial Arbitration (1982)
  commentary
- Mustill and Boyd, The Law and Practice of Commercial Arbitration in England (2nd ed, 1989)
  commentary
- Quintin McGarel Hogg, The Law of Arbitration (1936)
  commentary
- Redfern and Hunter on International Arbitration (6th ed)
  commentary
Source
3 years, 7 months and 5 days later · 1313 days
14 May 2024Hong Kong
14 May 2024Hong Kong
Judgment of Court of First Instance of Hong Kong in the case HCCL 13/2011 dated 14 May 2024
Court of First Instance of Hong Kong
Case no.
HCCL 13/2011
Citation
[2024] HKCFI 1291
Decision summary
The Court assessed damages for breach of the implied promise to honour the award by reference to the profits Xiamen would have obtained had the award been performed in October 2006, using the actual development as the basis with adjustments. Final computation was reserved. It allowed pre-judgment interest at prime plus 1%, excluding 14 months, and costs with a certificate for three counsel. A corrigendum dated 21 May 2024 corrects paragraphs 67, 81, 112, 126 and 131.
Participants
Xiamen Xinjingdi Group Co Ltd
Representative
Bernard Man SC (For: Xiamen Xinjingdi Group Co Ltd)
Representative
James Man (For: Xiamen Xinjingdi Group Co Ltd)
Representative
Jonathan Ng (For: Xiamen Xinjingdi Group Co Ltd)
Representative
Anthony Siu & Co (For: Xiamen Xinjingdi Group Co Ltd)
Expert
Mr Lau (For: Xiamen Xinjingdi Group Co Ltd)
Expert
Kong (For: Xiamen Xinjingdi Group Co Ltd)
Expert
Wang (For: Xiamen Xinjingdi Group Co Ltd)
Eton Properties Limited
Representative
Benjamin Yu SC (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Representative
Richard Khaw SC (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Representative
Bonnie Cheng (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Representative
Astina Au (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Representative
Mayer Brown (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Expert
Mr Leung (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Expert
Mao (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Eton Properties (Holdings) Limited
Representative
Benjamin Yu SC (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Representative
Richard Khaw SC (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Representative
Bonnie Cheng (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Representative
Astina Au (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Representative
Mayer Brown (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Expert
Mr Leung (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Expert
Mao (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Court of First Instance of Hong Kong
Judge
Mimmie Chan J
Other
Witness
Mr Xu (For: Xiamen Xinjingdi Group Co Ltd)
Witness
Mok Pui Hong (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Authorities cited
27
- Xiamen Xinjingdi Group Co Ltd v Eton Properties Ltd ([2020] HKCFA 32)
  case
- Xiamen v Eton, judgment of the Court of Appeal dated 15 April 2016
  case
- Xiamen v Eton, decision of the Court of First Instance dated 3 August 2021
  case
- Xiamen v Eton, enforcement judgment of Reyes J dated 24 June 2008
  case
- Xiamen v Eton, Court of Appeal judgment affirming the enforcement judgment of Reyes J
  case
- Robinson v Harman (1848) 1 Ex 850
  case
- Zemalt Holdings SA v Nu-Life Upholstery Repairs Ltd
  case
- CNG v G & G [2024] HKCFI 575
  case
- British Gas Trading Ltd v Shell UK Limited
  case
- Durham Tees Valley Airport
  case
- One Step (Support) Ltd v Morris-Garner [2019] AC 649
  case
- Photo Production Ltd v Securicor Transport Ltd [1980] AC 827
  case
- Attorney General v Blake
  case
- Parabola Investments Ltd v Browallia Cal Ltd [2011] QB 477
  case
- Watson, Laidlaw
  case
- Armory v Delamirie (1721) 1 Str 505
  case
- Wrotham Park [1974] 1 WLR 798
  case
- Jaggard v Sawyer [1995] 1 WLR 269
  case
- Tito v Waddell (No 2) [1977] Ch 106
  case
- Yam Seng Pte Ltd v International Trade Corporation Ltd [2013] 1 All ER 1321
  case
- McGregor on Damages (21st ed, 2022)
  commentary
- Chitty on Contracts (32nd ed, 2015)
  commentary
- Chitty on Contracts (34th ed)
  commentary
- Arbitration Law of the People's Republic of China
  statute
- Company Law of the People's Republic of China
  statute
- Land Administration Law of the People's Republic of China
  statute
- Implementation Rules for the Land Administration Law of the People's Republic of China
  statute
Source Corrigendum dated 21 May 2024
3 months and 26 days later · 118 days
9 September 2024Hong Kong
9 September 2024Hong Kong
Ruling of Court of First Instance of Hong Kong in the case HCCL 13/2011 dated 9 September 2024
Court of First Instance of Hong Kong
Case no.
HCCL 13/2011
Citation
[2024] HKCFI 2373
Decision summary
The Court fixed the retail-unit valuations at RMB 89,060,490 and RMB 32,948,677, refused an additional deduction for project management costs, and directed that the figures in Approach 4 represent the final damages award.
Participants
Xiamen Xinjingdi Group Co Ltd
Representative
Anthony Siu & Co (For: Xiamen Xinjingdi Group Co Ltd)
Eton Properties Limited
Representative
Mayer Brown (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Eton Properties (Holdings) Limited
Representative
Mayer Brown (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Court of First Instance of Hong Kong
Judge
Mimmie Chan J
Authorities cited
1
- Xiamen Xinjingdi Group Co Ltd v Eton Properties Ltd ([2024] HKCFI 1291)
  case
Source
1 month and 6 days later · 36 days
15 October 2024Hong Kong
15 October 2024Hong Kong
Ruling of Court of First Instance of Hong Kong in the case HCCL 13/2011 dated 15 October 2024
Court of First Instance of Hong Kong
Case no.
HCCL 13/2011
Citation
[2024] HKCFI 2807
Decision summary
The Court ordered post-judgment interest at the judgment rate from 10 September 2024 until full payment on the entire judgment debt, including pre-judgment interest. The principal damages were RMB 169,044,298.25 and pre-judgment interest to 14 May 2024 was RMB 174,272,854.28.
Participants
Xiamen Xinjingdi Group Co Ltd
Representative
Bernard Man SC (For: Xiamen Xinjingdi Group Co Ltd)
Representative
James Man (For: Xiamen Xinjingdi Group Co Ltd)
Representative
Jonathan Ng (For: Xiamen Xinjingdi Group Co Ltd)
Representative
Anthony Siu & Co (For: Xiamen Xinjingdi Group Co Ltd)
Eton Properties Limited
Representative
Benjamin Yu SC (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Representative
Richard Khaw SC (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Representative
Bonnie Cheng (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Representative
Astina Au (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Representative
Mayer Brown (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Eton Properties (Holdings) Limited
Representative
Benjamin Yu SC (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Representative
Richard Khaw SC (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Representative
Bonnie Cheng (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Representative
Astina Au (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Representative
Mayer Brown (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Court of First Instance of Hong Kong
Judge
Mimmie Chan J
Authorities cited
14
- Xiamen Xinjingdi Group Co Ltd v Eton Properties Ltd ([2024] HKCFI 1291)
  case
- Xiamen Xinjingdi Group Co Ltd v Eton Properties Ltd ([2024] HKCFI 2373)
  case
- Waddington Ltd v Chan Chun Hoo Thomas, HCA 3291/2003, 6 December 2016
  case
- Novoship (UK) Ltd v Vladimir Mikhaylyuk [2013] EWHC 89 (Comm)
  case
- Miliangos v George Frank (Textiles) Ltd (No 2)
  case
- Cyberworks Audio Video Technology Ltd (In Compulsory Liquidation) v Mei Ah (HK) Co Ltd [2020] HKCFI 2792
  case
- Virgin Atlantic Airways Ltd v Zodiac Seats UK Ltd [2014] AC 160
  case
- Forever International Capital Ltd v Ng Chun Sing [2019] HKCFI 2796
  case
- Strategic Technologies Pte Ltd v Procurement Bureau of the Republic of China Ministry of National Defence [2023] EWHC 754
  case
- High Court Ordinance (Hong Kong, Cap 4)
  statute
- Judgments Act 1838 (United Kingdom)
  statute
- Civil Law Act 1909 (Singapore)
  statute
- Civil Procedure Rules (England and Wales), rule 40.8
  rules
- English White Book, paragraph 40.8.9
  commentary
Source
5 months and 6 days later · 157 days
21 March 2025Hong Kong
21 March 2025Hong Kong
Decision of Court of First Instance of Hong Kong in the case HCCL 13/2011 dated 21 March 2025
Court of First Instance of Hong Kong
Case no.
HCCL 13/2011
Citation
[2025] HKCFI 1180
Decision summary
The Court ordered RMB 180 million to be paid out to Xiamen within 14 days and granted a stay of execution of the remaining judgment debt pending appeal, conditional on the balance remaining in court. Costs were to be in the cause of the appeal. The corrigendum dated 24 March 2025 clarifies that the stay concerns only part of the judgment debt.
Participants
Xiamen Xinjingdi Group Co Ltd
Representative
James Man (For: Xiamen Xinjingdi Group Co Ltd)
Representative
Jonathan Ng (For: Xiamen Xinjingdi Group Co Ltd)
Representative
Anthony Siu & Co (For: Xiamen Xinjingdi Group Co Ltd)
Eton Properties Limited
Representative
Benjamin Yu SC (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Representative
Richard Khaw SC (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Representative
Bonnie YK Cheng (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Representative
Astina Au (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Representative
Johnson Stokes & Master (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Eton Properties (Holdings) Limited
Representative
Benjamin Yu SC (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Representative
Richard Khaw SC (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Representative
Bonnie YK Cheng (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Representative
Astina Au (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Representative
Johnson Stokes & Master (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Court of First Instance of Hong Kong
Judge
Mimmie Chan J
Authorities cited
7
- Xiamen Xinjingdi Group Co Ltd v Eton Properties Ltd ([2024] HKCFI 1291)
  case
- Xiamen Xinjingdi Group Co Ltd v Eton Properties Ltd ([2024] HKCFI 2373)
  case
- Xiamen Xinjingdi Group Co Ltd v Eton Properties Ltd ([2024] HKCFI 2807)
  case
- Star Play Development Ltd v Bess Fashion Management Co Ltd [2007] 5 HKC 84
  case
- Ng Yuk Pui Kelly v Dung Wai Man [2021] HKCA 134
  case
- Hong Kong Civil Procedure 2025, paragraph 59/13/1
  commentary
- Rules of the High Court (Hong Kong), Order 29 rule 13
  rules
Source Corrigendum dated 24 March 2025
1 month and 25 days later · 56 days
16 May 2025Hong Kong
16 May 2025Hong Kong
Decision of Court of First Instance of Hong Kong in the case HCCL 13/2011 dated 16 May 2025
Court of First Instance of Hong Kong
Case no.
HCCL 13/2011
Citation
[2025] HKCFI 2005
Decision summary
The Court refused leave to appeal against the order releasing RMB 180 million to Xiamen. It found no reasonable prospect of showing that the exercise of discretion was wrong in principle, arbitrary or plainly wrong, and ordered costs nisi against the defendants with a certificate for two counsel.
Participants
Xiamen Xinjingdi Group Co Ltd
Representative
Bernard Man SC (For: Xiamen Xinjingdi Group Co Ltd)
Representative
James Man (For: Xiamen Xinjingdi Group Co Ltd)
Representative
Jonathan Ng (For: Xiamen Xinjingdi Group Co Ltd)
Representative
Anthony Siu & Co (For: Xiamen Xinjingdi Group Co Ltd)
Eton Properties Limited
Representative
Jat Sew-Tong SC (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Representative
Astina Au (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Representative
Johnson Stokes & Master (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Eton Properties (Holdings) Limited
Representative
Jat Sew-Tong SC (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Representative
Astina Au (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Representative
Johnson Stokes & Master (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Court of First Instance of Hong Kong
Judge
Mimmie Chan J
Authorities cited
11
- Xiamen Xinjingdi Group Co Ltd v Eton Properties Ltd ([2024] HKCFI 1291)
  case
- Xiamen Xinjingdi Group Co Ltd v Eton Properties Ltd ([2024] HKCFI 2373)
  case
- Xiamen Xinjingdi Group Co Ltd v Eton Properties Ltd ([2024] HKCFI 2807)
  case
- Xiamen Xinjingdi Group Co Ltd v Eton Properties Ltd ([2025] HKCFI 1180)
  case
- Caline Tai Investment Co Ltd v Ayala International Finance Ltd [1983] 1 HKC 163
  case
- DP World Djibouti FZCO v China Merchants Port Holdings Co Ltd
  case
- The Abidin Daver [1984] AC 398
  case
- China Construction Bank (Asia) Corp Ltd v Shanghai Pudong Development Bank Co Ltd [2017] HKEC 171
  case
- Stabilad Ltd v Stephens & Carter Ltd [1999] 1 WLR 1201
  case
- New Sparkle Roll International Group Ltd v Sze Ching Lau [2024] HKCA 336
  case
- Hong Kong Civil Procedure 2025, paragraph 59/0/54
  commentary
Source
1 month and 2 days later · 33 days
18 June 2025Hong Kong
18 June 2025Hong Kong
Judgment of Court of Appeal of Hong Kong in the case CACV 235/2024 dated 18 June 2025
Court of Appeal of Hong Kong
Case no.
CACV 235/2024
Citation
[2025] HKCA 566
Decision summary
The Court granted a stay pending appeal on the same terms as the Court of First Instance: RMB 180 million was to be paid out to Xiamen and the balance retained in court. It declined to vary those terms and assessed costs nisi at HK$447,300 against the defendants.
Participants
Xiamen Xinjingdi Group Co Ltd
Representative
Bernard Man SC (For: Xiamen Xinjingdi Group Co Ltd)
Representative
James Man (For: Xiamen Xinjingdi Group Co Ltd)
Representative
Jonathan Ng (For: Xiamen Xinjingdi Group Co Ltd)
Representative
Anthony Siu & Co (For: Xiamen Xinjingdi Group Co Ltd)
Eton Properties Limited
Representative
Paul Shieh SC (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Representative
Astina Au (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Representative
Johnson Stokes & Master (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Eton Properties (Holdings) Limited
Representative
Paul Shieh SC (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Representative
Astina Au (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Representative
Johnson Stokes & Master (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Court of Appeal of Hong Kong
Judge
Susan Kwan VP
Judge
Thomas Au JA
Authorities cited
9
- Xiamen Xinjingdi Group Co Ltd v Eton Properties Ltd ([2024] HKCFI 1291)
  case
- Xiamen Xinjingdi Group Co Ltd v Eton Properties Ltd ([2024] HKCFI 2373)
  case
- Xiamen Xinjingdi Group Co Ltd v Eton Properties Ltd ([2024] HKCFI 2807)
  case
- Xiamen Xinjingdi Group Co Ltd v Eton Properties Ltd ([2025] HKCFI 1180)
  case
- Xiamen Xinjingdi Group Co Ltd v Eton Properties Ltd ([2025] HKCFI 2005)
  case
- Star Play Development Ltd v Bess Fashion Management Co Ltd [2007] 5 HKC 84
  case
- Hansard v Lethbridge (1891) 8 TLR 179
  case
- Rules of the High Court (Hong Kong, Cap 4A), Order 59 rule 13
  rules
- Hong Kong Civil Procedure 2025, volume 1, paragraph 59/13/5
  commentary
Source
5 months and 24 days later · 177 days
12 December 2025Hong Kong
12 December 2025Hong Kong
Judgment of Court of Appeal of Hong Kong in the case CACV 235/2024 dated 12 December 2025
Court of Appeal of Hong Kong
Case no.
CACV 235/2024
Citation
[2025] HKCA 1119
Decision summary
The Court dismissed all five grounds of the defendants' appeal against the assessment of damages. It upheld the use of the actual development in the counterfactual, the treatment of development costs and pre-judgment interest, and the trial costs order. The defendants were ordered to pay the appeal costs with a certificate for three counsel.
Participants
Xiamen Xinjingdi Group Co Ltd
Representative
Bernard Man SC (For: Xiamen Xinjingdi Group Co Ltd)
Representative
James Man (For: Xiamen Xinjingdi Group Co Ltd)
Representative
Jonathan Ng (For: Xiamen Xinjingdi Group Co Ltd)
Representative
Anthony Siu & Co (For: Xiamen Xinjingdi Group Co Ltd)
Eton Properties Limited
Representative
Paul Shieh SC (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Representative
Bonnie Y K Cheng (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Representative
Astina Au (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Representative
Johnson Stokes & Master (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Eton Properties (Holdings) Limited
Representative
Paul Shieh SC (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Representative
Bonnie Y K Cheng (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Representative
Astina Au (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Representative
Johnson Stokes & Master (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Court of Appeal of Hong Kong
Judge
Susan Kwan VP
Judge
Thomas Au JA
Judge
Godfrey Lam JA
Authorities cited
31
- Xiamen Xinjingdi Group Co Ltd v Eton Properties Ltd ([2020] HKCFA 32)
  case
- Xiamen Xinjingdi Group Co Ltd v Eton Properties Ltd ([2024] HKCFI 1291)
  case
- Xiamen Xinjingdi Group Co Ltd v Eton Properties Ltd ([2024] HKCFI 2373)
  case
- Xiamen Xinjingdi Group Co Ltd v Eton Properties Ltd ([2024] HKCFI 2807)
  case
- Xiamen v Eton [2016] 2 HKLRD 1106
  case
- Xiamen v Eton [2008] 4 HKLRD 972
  case
- Xiamen v Eton [2009] 4 HKLRD 353
  case
- CNG v G [2024] 2 HKLRD 152
  case
- Zermalt Holdings SA v Nu-Life Upholstery Repairs Ltd [1985] 2 EGLR 14
  case
- Lavarack v Woods of Colchester Ltd [1967] 1 QB 278
  case
- Abrahams v Herbert Reiach Ltd [1922] 1 KB 477
  case
- The Mihalis Angelos [1971] 1 QB 164
  case
- Robinson v Harman
  case
- British Gas Trading Ltd v Shell UK Ltd
  case
- One Step (Support) Ltd v Morris-Garner [2019] AC 649
  case
- Watson, Laidlaw & Co Ltd v Pott, Cassels & Williamson 1914 SC (HL) 18
  case
- Yam Seng Pte Ltd v International Trade Corporation Ltd [2013] 1 All ER 1321
  case
- Marathon Asset Management LLP v Seddon [2017] 2 CLC 182
  case
- Armory v Delamirie (1721) 1 Str 505
  case
- Johnson v Agnew [1980] AC 367
  case
- China Gold Finance Ltd v CIL Holdings Ltd, CACV 11/2015, 27 November 2015
  case
- Shanghai Gopher Asset Management Co Ltd v China Base Group Ltd [2022] HKCA 1724
  case
- Tim Lee Construction Engineering Co Ltd v Kwong Wah, CACV 120/2012, 19 March 2013
  case
- Wan Chi Hing v Strong Master Corporation Ltd, HCA 1554/2013, 8 December 2015
  case
- Claymore Services Ltd v Nautilus Properties Ltd [2007] BLR 452
  case
- Lo Yuk Sui v Fubon Bank (Hong Kong) Ltd [2017] 2 HKLRD 477
  case
- Chan Shun Kei v Hong Kong Construction (Hong Kong) Ltd, CACV 192/2014, 7 March 2016
  case
- In re Elgindata (No 2) [1992] 1 WLR 1207
  case
- McGregor on Damages (22nd ed), paragraph 9-150
  commentary
- Chitty on Contracts (35th ed), volume 1, paragraph 30-021
  commentary
- Rules of the High Court (Hong Kong), Order 62 rule 5
  rules
Source
4 months and 17 days later · 138 days
29 April 2026Hong Kong
29 April 2026Hong Kong
Judgment of Court of Appeal of Hong Kong in the case CACV 235/2024 dated 29 April 2026
Court of Appeal of Hong Kong
Case no.
CACV 235/2024
Citation
[2026] HKCA 888
Decision summary
The Court refused leave to appeal to the Court of Final Appeal. The proposed minimum-performance and collateral-benefits arguments were new, raised unexplored factual issues and engaged the Flywin restrictions on new points. It left any exceptional grant of leave to the Appeal Committee and assessed costs at HK$800,000 against the defendants.
Participants
Xiamen Xinjingdi Group Co Ltd
Representative
Bernard Man SC (For: Xiamen Xinjingdi Group Co Ltd)
Representative
James Man (For: Xiamen Xinjingdi Group Co Ltd)
Representative
Jonathan Ng (For: Xiamen Xinjingdi Group Co Ltd)
Representative
Anthony Siu & Co (For: Xiamen Xinjingdi Group Co Ltd)
Eton Properties Limited
Representative
Christopher Chain SC (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Representative
Michael Lok (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Representative
Tinny Chan (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Representative
Baker & McKenzie (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Eton Properties (Holdings) Limited
Representative
Christopher Chain SC (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Representative
Michael Lok (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Representative
Tinny Chan (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Representative
Baker & McKenzie (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Court of Appeal of Hong Kong
Judge
Susan Kwan VP
Judge
Thomas Au JA
Judge
Godfrey Lam JA
Authorities cited
8
- Xiamen Xinjingdi Group Co Ltd v Eton Properties Ltd ([2020] HKCFA 32)
  case
- Xiamen Xinjingdi Group Co Ltd v Eton Properties Ltd ([2024] HKCFI 1291)
  case
- Xiamen Xinjingdi Group Co Ltd v Eton Properties Ltd ([2024] HKCFI 2373)
  case
- Xiamen Xinjingdi Group Co Ltd v Eton Properties Ltd ([2024] HKCFI 2807)
  case
- Xiamen Xinjingdi Group Co Ltd v Eton Properties Ltd ([2025] HKCA 1119)
  case
- Flywin Co Ltd v Strong & Associates Ltd (2002) 5 HKCFAR 356
  case
- Secretary for Justice v Timothy Wynn Owen KC (2022) 25 HKCFAR 288
  case
- Basab Inc v Superb Glory Holdings Ltd, CACV 256/2014, 10 February 2017
  case
Source
1 month and 27 days later · 57 days
25 June 2026Hong Kong
25 June 2026Hong Kong
Judgment of Court of Appeal of Hong Kong in the case CACV 235/2024 dated 25 June 2026
Court of Appeal of Hong Kong
Case no.
CACV 235/2024
Citation
[2026] HKCA 1149
Decision summary
The Court granted a stay of execution pending determination of the leave application by the Appeal Committee, conditional on RMB 203,566,237.60 remaining in court. Costs were to be in the cause of that application. It recorded that RMB 179,999,656.24 had already been paid out to Xiamen on 3 July 2025 in partial settlement.
Participants
Xiamen Xinjingdi Group Co Ltd
Representative
Bernard Man SC (For: Xiamen Xinjingdi Group Co Ltd)
Representative
James Man (For: Xiamen Xinjingdi Group Co Ltd)
Representative
Jonathan Ng (For: Xiamen Xinjingdi Group Co Ltd)
Representative
Anthony Siu & Co (For: Xiamen Xinjingdi Group Co Ltd)
Eton Properties Limited
Representative
Christopher Chain SC (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Representative
Michael Lok (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Representative
Tinny Chan (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Representative
Baker & McKenzie (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Eton Properties (Holdings) Limited
Representative
Christopher Chain SC (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Representative
Michael Lok (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Representative
Tinny Chan (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Representative
Baker & McKenzie (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Court of Appeal of Hong Kong
Judge
Susan Kwan VP
Judge
Thomas Au JA
Judge
Godfrey Lam JA
Authorities cited
10
- Xiamen Xinjingdi Group Co Ltd v Eton Properties Ltd ([2024] HKCFI 1291)
  case
- Xiamen Xinjingdi Group Co Ltd v Eton Properties Ltd ([2024] HKCFI 2373)
  case
- Xiamen Xinjingdi Group Co Ltd v Eton Properties Ltd ([2024] HKCFI 2807)
  case
- Xiamen Xinjingdi Group Co Ltd v Eton Properties Ltd ([2025] HKCA 1119)
  case
- Xiamen Xinjingdi Group Co Ltd v Eton Properties Ltd ([2026] HKCA 888)
  case
- Xiamen Xinjingdi Group Co Ltd v Eton Properties Ltd ([2025] HKCFI 1180)
  case
- Xiamen Xinjingdi Group Co Ltd v Eton Properties Ltd ([2025] HKCA 566)
  case
- Flywin Co Ltd v Strong & Associates Ltd
  case
- Aspial Investment Ltd v Mayer Corporation Development International Ltd, CACV 162/2012, 20 August 2013
  case
- Hong Kong Court of Final Appeal Ordinance (Hong Kong, Cap 484), section 26(3)
  statute
Source
2 months and 7 days later · 68 days
1 September 2026Hong Kong
1 September 2026Hong Kong
Reasons for Determination of Court of Final Appeal of Hong Kong in the case FAMV 68/2026 dated 1 September 2026
Court of Final Appeal of Hong Kong
Case no.
FAMV 68/2026
Citation
[2026] HKCFA 30
Decision summary
The Appeal Committee dismissed the application for leave to appeal against the Court of Appeal's damages decision, with costs certified fit for three counsel.
Participants
Xiamen Xinjingdi Group Co Ltd
Representative
Mr Bernard Man SC (For: Xiamen Xinjingdi Group Co Ltd)
Representative
Mr James Man (For: Xiamen Xinjingdi Group Co Ltd)
Representative
Mr Jonathan Ng (For: Xiamen Xinjingdi Group Co Ltd)
Representative
Anthony Siu & Co (For: Xiamen Xinjingdi Group Co Ltd)
Eton Properties Limited
Representative
Mr Christopher Chain SC (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Representative
Mr Michael Lok (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Representative
Ms Tinny Chan (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Representative
Baker & McKenzie (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Eton Properties (Holdings) Limited
Representative
Mr Christopher Chain SC (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Representative
Mr Michael Lok (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Representative
Ms Tinny Chan (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Representative
Baker & McKenzie (For: Eton Properties Limited · Eton Properties (Holdings) Limited)
Eton Properties Group Limited
Legend Properties (Xiamen) Company Limited
Legend Properties (Xiamen) Company Limited
Tan Lucio C
Chua Domingo
Tan Eng Lien Mariano
Kwan Kie Yip
Cheung Chi Ming
Mok Pui Hong
Court of Final Appeal of Hong Kong
Judge
Mr Justice Ribeiro PJ
Judge
Mr Justice Lam PJ
Judge
Mr Justice Tang NPJ
Authorities cited
5
- (2020) 23 HKCFAR 348
  case
- [2024] HKCFI 1291 (14 May 2024)
  case
- [2025] HKCA 1119
  case
- [2026] HKCA 888
  case
- Flywin Co Ltd v Strong & Associates Ltd (2002) 5 HKCFAR 356
  case
Source Source

Procedural record

Participants

Xiamen Xinjingdi Group Co Ltd

Eton Properties Limited

Eton Properties (Holdings) Limited

China International Economic and Trade Arbitration Commission

Participants

Xiamen Xinjingdi Group Co Ltd

Eton Properties Limited

Eton Properties (Holdings) Limited

China International Economic and Trade Arbitration Commission

Participants

Xiamen Xinjingdi Group Co Ltd

Eton Properties Limited

Eton Properties (Holdings) Limited

Eton Properties Group Limited

Legend Properties (Xiamen) Company Limited (Hong Kong)

Tan Lucio C

Court of Final Appeal of Hong Kong

Authorities cited

Participants

Xiamen Xinjingdi Group Co Ltd

Eton Properties Limited

Eton Properties (Holdings) Limited

Court of First Instance of Hong Kong

Other

Authorities cited

Participants

Xiamen Xinjingdi Group Co Ltd

Eton Properties Limited

Eton Properties (Holdings) Limited

Court of First Instance of Hong Kong

Authorities cited

Participants

Xiamen Xinjingdi Group Co Ltd

Eton Properties Limited

Eton Properties (Holdings) Limited

Court of First Instance of Hong Kong

Authorities cited

Participants

Xiamen Xinjingdi Group Co Ltd

Eton Properties Limited

Eton Properties (Holdings) Limited

Court of First Instance of Hong Kong

Authorities cited

Participants

Xiamen Xinjingdi Group Co Ltd

Eton Properties Limited

Eton Properties (Holdings) Limited

Court of First Instance of Hong Kong

Authorities cited

Participants

Xiamen Xinjingdi Group Co Ltd

Eton Properties Limited

Eton Properties (Holdings) Limited

Court of Appeal of Hong Kong

Authorities cited

Participants

Xiamen Xinjingdi Group Co Ltd

Eton Properties Limited

Eton Properties (Holdings) Limited

Court of Appeal of Hong Kong

Authorities cited

Participants

Xiamen Xinjingdi Group Co Ltd

Eton Properties Limited

Eton Properties (Holdings) Limited

Court of Appeal of Hong Kong

Authorities cited

Participants

Xiamen Xinjingdi Group Co Ltd

Eton Properties Limited

Eton Properties (Holdings) Limited

Court of Appeal of Hong Kong

Authorities cited

Participants

Xiamen Xinjingdi Group Co Ltd

Eton Properties Limited

Eton Properties (Holdings) Limited

Eton Properties Group Limited