CHINA PROPERTIES GROUP LTD v THE STOCK EXCHANGE OF HONG KONG LTD

Read the full judgment text of HCAL 658/2023 on BabelCite. This High Court CFI judgment was delivered on 26 June 2023.

1. The applicant in these proceedings (“Company”) is a company incorporated in the Cayman Islands which was listed on the main board of the Hong Kong Stock Exchange in 2007. However, its shares were suspended from trading in April 2021, primarily then due to a delay in publication of certain annual results for the then applicable financial year. A resumption deadline therefore was triggered of 30 September 2022, and the Exchange gave certain resumption guidance to be met before the resumption of