FinanceHong Kong's new move to enforce mainland court orders raises concerns
Ordinance dealing with rulings in civil and commercial cases takes effect in January
Legal experts say the new ordinance on reciprocal enforcement could boost Hong Kong's role as a center for resolving cross-border disputes. (Photo by Ken Kobayashi)
PAK YIU and ECHO WONG, Nikkei staff writers
December 8, 2023 10:58 JST
HONG KONG -- Wealthy Chinese with assets in Hong Kong are expressing concerns about what could happen to their holdings under a new ordinance that will make it easier for mainland court orders in civil cases to be enforced in the city, lawyers and bankers say.