Read the full judgment text of HCA 2058/2020 on BabelCite. This High Court CFI judgment was delivered on 20 April 2021.
1. The suspension of the IPO of Ant Group Co., Ltd (“ Ant Group ”) in 2020 was a well-known event. The ramifications (both financial and otherwise) were also considerable. The Plaintiff (“ P ”) claimed to be a victim of a fraud perpetrated by the Defendants in an arrangement concerning the subscription of the new shares under the IPO.
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