AIM GLOBAL HOLDINGS LTD AND OTHERS v. CHIEN KUN ALLEN AND ANOTHER

HCA 2217/2014 and
HCA 2495/2014      
(Consolidated)        

[2026] HKCFI 570  

HCA 2217/2014

IN THE HIGH COURT OF THE

HONG KONG SPECIAL ADMINISTRATIVE REGION

COURT OF FIRST INSTANCE

ACTION NO 2217 OF 2014

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(By Original Action)

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(By Counterclaim)

ACTION NO 2495 OF 2014

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(Consolidated pursuant to the Order of

Master Leong dated 3 February 2015)

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D E C I S I O N

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1.  For background, I refer to the Judgment of this Court handed down on 28 April 2023[1] (the “Judgment”) and my Decision dated 24 October 2025[2] allowing Mr Chien’s application for interim payment (the “1^st IP” and the “1^st IP Decision”).

2.  By summons of 5 January 2026 (the “2^nd IP Summons”), Mr Chien seeks further interim payment against AIM and Liu in the sum of US$4.8 million (the “2^nd IP”).

3.  This is the hearing of that summons.

4.  I have read the 3^rd affirmation of service of Yam Chun Cheung. I am satisfied that the present summons and all relevant documents have validly been served on AIM and Liu.

5.  By letter of 20 January 2026, RT&Co, solicitors until recently on record for AIM and Liu, informed this Court that AIM and Liu had terminated its engagement as their solicitors, that it had no instruction to act for AIM and Liu, and that it asked to be excused from attending this hearing. In reply, this Court excused its attendance.

6.  AIM and Liu have chosen not to attend this hearing.

7.  I have read Mr Chien’s 8^th affirmation. The 2^nd IP which he is seeking represents the difference between, of the one part, the total of the latest estimated value by AIM and Liu’s own expert of the Subject Shares together with part of the interest, and the 1^st IP of the other. My discussion in the 1^st IP Decision mostly equally applies, which I adopt.

8.  I am satisfied that Mr Chien has made out a case for payment of the 2^nd IP. I make an order in terms of the 2^nd IP Summons, in the form of the draft order placed before me, which includes also orders permitting service out (given that the service addresses of AIM and Liu provided by RT&Co in the order allowing it to cease to act are outside Hong Kong).

9.  On costs, I summarily assess Mr Chien’s costs for this application at HK$48,000 (as per the Statement of Costs submitted and prepared on party-and-party basis), which I order that AIM and Liu shall bear.