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Contact details

Allen & Overy (Hong Kong)
9th Floor
Three Exchange Square
Hong Kong SAR

Telephone icon+852 2974 7207
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  Fai Hung Cheung


Hong Kong

Fai Hung is a partner in the litigation and dispute resolution department of the Hong Kong office. His caseload gravitates towards Greater China, with an emphasis on banking and finance disputes and finance related regulatory investigations. He has extensive experience handling complex financial and commercial disputes, including debt recovery actions, disputes relating to mis-selling of financial products and commercial fraud, shareholders' disputes and insolvency-related disputes. Fai Hung has worked in our Hong Kong and Shanghai offices. Fai Hung is admitted in both Hong Kong and England & Wales. He speaks Mandarin, Cantonese and English.

Chambers Asia Pacific 2019 reports that “Clients describe Cheung Fai Hung as ‘meticulous and detail-oriented’ and also appreciate that ‘he understands the issues and has a practical approach.'


Fai Hung's experience includes advising:

A corporate client on the recovery of over USD80 million of debts from a Burmese corporate group and a Thai corporate.

A global financial institution on criminal and civil fraud proceedings in Taiwan, over a prior multi-million sum paid upon close out of derivatives transactions.

The board of directors of a PRC state-owned enterprise on successfully resisting an activist shareholder’s Court action for alleged breach of fiduciary duties.

Various clients on multi-billion dollar disputes concerning high profile family estates.

A PRC state-owned enterprise on proceedings to enforce a defaulted put option, worth over HKD300 million.

A group of creditors on successfully obtaining an injunction from the Hong Kong Court, in aid of foreign proceedings for multi-million dollar damages.

A Chinese corporate on a dispute with its UK business partner before the Hong Kong and English courts.

A Chinese bank in a guarantee dispute before the Hong Kong court.

A bank on the recovery of over HKD 300 million of debts from various corporate and individual debtors.

A bank on the recovery of over USD40 million debts owed to it by an industrial group, including overseas assets.

Offshore financiers on obtaining asset-freezing injunction against the borrower/guarantor from the Hong Kong court in aid of mainland proceedings.

Various clients on applying for freezing injunctions and ancillary orders in Hong Kong to recover funds transferred out as a result of fraudulent instructions.

Professional qualifications

Admitted as solicitor, Hong Kong, 1996

Admitted as solicitor, England and Wales, 1997

Academic qualifications

LLB, The University of Hong Kong, 1993

PCLL, 1994

Published work

Cheung. F.H, (2011) "Crossing the legal divide with the mainland", South China Morning Post

Cheung. F.H, Cookson. R, (2010) "Cross-border clampdown on insider trading", Financial Times

Cheung. F.H, Jiwaji. A, (2010) "Keeping a Tight Lid on Regulatory Matters: Secrecy Obligations", in Bloomberg Law Reports, Vol 3, 4

Cheung. F.H, Jiwaji. A, (2010) "Stop — freeze! The SFC's nuclear weapon', in Complinet

Cheung. F.H, (2010) "Sending a message...loud and clear", Asia Counsel

Contributor to the Hong Kong 'White Book' on Civil Procedure.

Cheung. F.H, (2002) "Minorities Need Stronger Voice in Family Affairs", SCMP

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