Read the full judgment text of HCMP 2310/2020 on BabelCite. This High Court CFI judgment was delivered on 12 May 2021.
1. The 1 st and 2 nd applicants are Hong Kong companies providing brokerage services for securities and futures. They are licensed by the Securities and Futures Commission and are bound by its rules. On 9 December 2019, they notified their customers that they would cease their businesses, which they did on 31 July 2020. While efforts have been made to return client assets to all the clients, as of today, the applicants still hold client cash and securities which they have not been able to ret
Cited by 4 cases · Cites 4 cases