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2024 Supreme(HK)(HKCFI) 265

HCA 475/2020

[2024] HKCFI 2253

IN THE HIGH COURT OF THE

HONG KONG SPECIAL ADMINISTRATIVE REGION

COURT OF FIRST INSTANCE

ACTION NO 475 OF 2020

________________________

BETWEEN

LI YUHONG Plaintiff
and
oOo SECURITIES (HK)  GROUP LIMITED
(formerly known as ORIENTIERT XYZ SECURITIES LIMITED)(formerly known as AMTD Global Markets Limited)(formerly known as AMTD Asset Management Limited)
Defendant

________________________

Before: Hon K Yeung J in Chambers
Date of Hearing: 19 August 2024
Date of Decision: 19 August 2024

________________________

DECISION

________________________

Introduction and procedural history

1. This is the hearing of the re-amended summons of 22 July 2024 (the “ Re-Amended Summons ”)  taken out by the Plaintiff (“ P ”)  for leave to (a)  amend her statement of claim of 6 May 2020 as per the attached draft; (b)  to file and serve her supplemental witness statement as per the attached draft, and (c)  to adduce expert evidence on the question of quantum.

2. The pre-trial review of the case is due to take place on 10 September 2024, with the trial itself set down to commence on 25 November 2024 (with 8 days reserved).

3. Parties first came before this Court on 18 July 2024.  That was for the first hearing of the Re-Amended Summons in its original form (the “ Summons ”). That morning, P sought leave to amend the Summons to incorporate events that had taken place since the filing of the Summons (the “ Amended Summons ”). I granted P leave to do so.  I also granted P liberty to re-amend the Amended Summons to update the proposed questions for the experts.  Further, and noting the approaching pre-trial review and the trial, this Court handed down tight schedule for the filing of evidence.

4. P filed her Re-Amended Summons on 22 July 2024.  Evidence has been filed: He Chuan’s affirmation dated 1 August 2024 for the defendant (“ D ”)  in opposition, and P’s 4 th affirmation in reply.

5. The parties now come back before this court for substantive hearing of the Re-Amended Summons.  Ms Eva Leung and Mr Jason Fee appeared for P.  Mr Danny Tang appeared for D.

Preliminary matters

6. D in the affirmation filed on its behalf has taken a procedural and highly technical point as to whether D has been given leave to file the Re-Amended Summons, or simply given leave to file a summons to amend the Amended Summons.  I on 18 July 2024 granted P liberty to file her Re-Amended Summons.  There is no merits and utility in that point whatsoever.  The objection has not been repeated by Mr Tang.

7. On 15 August 2024, D filed its summons for leave to file a further affirmation in opposition.  The proposed new evidence concerns the part of P’s application for adducing expert evidence.  Ms Leung objects to it on the basis of lateness.  I will come back to this.

P’s case

8. According to P’s case, she is a housewife.  D is a limited company licensed by the Securities and Futures Commission to carry out Types 1, 4 and 9 activities.  She says that she was introduced by D to invest in the bonds issued by a li




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