Read the full judgment text of HCMP 000594/2008 on BabelCite. This High Court CFI judgment.
1. The background to this is a now bitter and hard fought dispute over matrimonial finance between Mr Xi Yu, who is a director of the Plaintiff, and his wife the Defendant, Madam Zhang Su Hua. The substantial issue in the matrimonial litigation is Madam Zhang’s contention that Mr Xi is the beneficial owner of 87.5% of the shares in a BVI company called New Asia International (Group) Limited (“ New Asia ”) which in turn owns 99.6% of a Hong Kong company called New Universe Holdings Limited (“ Ne