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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
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LI YUHONG
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Plaintiff
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and
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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)
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Defendant
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________________________
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Before:
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Hon K Yeung J in Chambers
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Date of Hearing:
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19 August 2024
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Date of Decision:
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19 August 2024
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________________________
DECISION
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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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