Read the full judgment text of HCMP 220/2023 on BabelCite. This High Court CFI judgment was delivered on 23 January 2026.
1. The background relating to the dispute in this action is set out in the decision of Madam Justice Au-Yeung dated 27 February 2024 ( see [2024] HKCFI 602 ). For present purposes, it suffices to say that the underlying dispute arose from the successful listing of the 1 st Defendant’s shares on the Hong Kong Stock Exchange, and one of the substantive issues to be resolved is whether the 1 st Defendant exercised its contractual discretion capriciously in determining the allocation of an underwrit
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