In any event, the Hong Kong legislature has recently passed (on 26 October 2022) the Mainland Judgments in Civil and Commercial Matters (Reciprocal Enforcement) Ordinance. It is hoped that it will come into force some time in 2023.

The new Ordinance should greatly assist litigants in Hong Kong in enforcing civil and commercial judgments against assets in Mainland China, via a simple registration process. Of course, the innate benefit of a Hong Kong judgment in this context also remains; there is no need to overcome onerous recognition hurdles faced by holders of non-Hong Kong judgments seeking recognition and enforcement in Mainland China.

This development continues the welcome trend of procedural reciprocity that began with the 1999 Arrangement on Mutual Enforcement of Arbitration Awards Between the Mainland and Hong Kong. Collectively, these Arrangements should make it much more difficult for Mainland Chinese parties to evade the consequences of a Hong Kong Judgment or Award.