plaintiff: []
defendant:
- HKSAR
jurisdiction_code: HKCFA
jurisdiction_name: Court of Final Appeal of the Hong Kong Special Administrative Region
case_location:
- 香港特別行政區
- Hong Kong Special Administrative Region
case_reason: >-
  HKSAR appeals against the Court of Appeal's decision restoring convictions for conspiracy charges related
  to concealing CISL's role as placing agent.
case_object:
- convictions
judgment_result:
- charge: Conspiracy charges (liability issue)
  result: Allowed. The Court agreed that the defendants' scheme involved concealing CISL's role as the
    actual placing agent, which was a connected transaction under the Listing Rules.
- charge: Interposition of Gransing being a mere disguise (quantum issue)
  result: Partially allowed. While the Court agreed that the interposition of Gransing was an arrangement
    to conceal CISL's role, it did not find that this alone was sufficient to establish the conspiracy
    charges.
judgment_summary: >-
  The Court of Final Appeal upheld HKSAR's appeal, affirming convictions for conspiracy charges related
  to concealing CISL’s role as placing agent. The court rejected the 'sham' limitation in Snook v London
  and West Riding Investments Ltd, citing Adams v The Queen. Evidence of WhatsApp messages and public
  announcements was assessed, supporting the defendants' scheme. The final judgment allowed HKSAR's appeal
  on liability but partially allowed on quantum.
involved_entities:
- entity_name: Mr Justice Ribeiro PJ
  reason: Presiding judge in this case, responsible for fact-finding and adjudication.
- entity_name: Mr Justice Fok PJ
  reason: Presiding judge in this case, responsible for fact-finding and adjudication.
- entity_name: Mr Justice Lam PJ
  reason: Presiding judge in this case, responsible for fact-finding and adjudication.
- entity_name: Mr Justice Stock NPJ
  reason: Presiding judge in this case, responsible for fact-finding and adjudication.
- entity_name: Sir William Young NPJ
  reason: Presiding judge in this case, responsible for fact-finding and adjudication.
- entity_name: HKSAR (Appellant)
  reason: Government department involved as the appellant in the case.
- entity_name: MAK KWONG YIU (麥光耀) (D1)
  reason: Respondent in the case.
- entity_name: CHAN LAI YEE (陳麗兒) (D2)
  reason: Respondent in the case.
- entity_name: WONG SHUK ON (黃淑安) (D3)
  reason: Respondent in the case.
- entity_name: LEE YICK MING (李易明) (D4)
  reason: Respondent in the case.
