[2026] HKCFI 139, the Court awarded more than HK$ 84 million in damages to the Plaintiff (P) against an asset management consultant (D) for failing to provide “guaranteed profit” (Profit Guarantee) to P under an asset management consultancy service agreement (Service Agreement).

D had entered into the Service Agreement with P to provide asset management consultancy services for P’s assets worth more than HK$ 200 million (AUM). D invested the AUM in a portfolio of Hong Kong stocks, which suffered significant losses. P claimed that D acted in breach of the Service Agreement, including by failing to achieve the “Profit Guarantee” which stipulated that D would provide a “guaranteed annual profit” (保證每年回報) at 12% of the AUM. D denied this, contending that any such “guarantee” on profits would be absurd.

After an 8-day trial, K Yeung J granted judgment in favour of P. Among others:

, instructed by Katherine YW Or, acted for the Plaintiff.

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