Arbitral Digest

Matter

Joy Capital Holdings Limited and Wang Boheng v Yu Kafu (Hong Kong High Court HCA 1608/2025; [2026] HKCFI 5975)

Hong Kong proceedings concerning recovery of a HK$107.2 million loan debt, assigned loan documents, a failed property sale, and related litigation over repayment and counterclaims.

  • Cross-border litigation
  • Parallel proceedings
  • Choice of law

Procedural record

  1. 26 October 2026Hong Kong

    26 October 2026Hong Kong

    Judgment of the High Court of the Hong Kong Special Administrative Region, Court of First Instance in the case HCA 1608/2025 dated 26 October 2026

    High Court of the Hong Kong Special Administrative Region, Court of First Instance

    Case no.
    HCA 1608/2025
    Citation
    [2026] HKCFI 5975
    Decision summary
    The court granted the plaintiffs judgment on their Order 14 Summons, declared that Yu Kafu breached Clause 3(c) of the Promissory Note, ordered repayment of the outstanding loan debt of HK$99,561,381 with interest, dismissed the counterclaim, and summarily assessed costs at HK$400,000.

    Participants

    Application
    Plaintiffs' Order 14 Summons dated 4 February 2026 — Granted
    Joy Capital Holdings Limited
    Representative
    Justin Ismail (For: Joy Capital Holdings Limited · Wang Boheng)
    Representative
    Deacons (For: Joy Capital Holdings Limited · Wang Boheng)
    Wang Boheng
    Representative
    Justin Ismail (For: Joy Capital Holdings Limited · Wang Boheng)
    Representative
    Deacons (For: Joy Capital Holdings Limited · Wang Boheng)
    Yu Kafu
    High Court of the Hong Kong Special Administrative Region, Court of First Instance
    Judge
    Queeny Au-Yeung

    Authorities cited

    3
    • Wang Boheng v Yu Kafu, HCA 193/2025, [2025] HKCFI 4566
      case-law
    • Wang Junior Shuai v Zhang Qiaohui [2023] HKCFI 2067
      case-law
    • Hong Kong Civil Procedure 2025, Volume 1 (Hong Kong Civil Procedure 2025, Vol. 1, §14/4/14B)
      academic

Matter record

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Joy Capital Holdings Limited and Wang Boheng v Yu Kafu (Hong Kong High Court HCA 1608/2025; [2026] HKCFI 5975) · Matter