Reaffirming the Boundaries of Agency and Misrepresentation in Property Transactions: Kwan Kwok Ki v Wong Tung Hung & Ors [2025] HKCFI 1600 The recent decision of the Court of First Instance in Kwan Kwok Ki v Wong Tung Hung, Choi Chi Chung, and Centaline Property Agency Limited (HCA 1343/2014; [2025] HKCFI 1600) provides a timely and authoritative restatement of the legal principles governing fraudulent misrepresentation, fiduciary duties of estate agents, and the scope of vicarious liability in the context of high-value commercial property transactions. Factual Matrix The plaintiff, Mr. Kwan Kwok Ki, acquired a commercial building—K.K. Centre on Temple Street, Kowloon—for HK$347 million. The defendants, comprising two individual estate agents (D1 and D2) and their employer, Centaline Property Agency Ltd (D3), acted as his agents in the transaction. Central to the dispute was the plaintiff’s allegation that he was induced to overpay due to fraudulent misrepre...