Clients of CA Pacific Securities and Forluxe Securities are finally getting their shares back - or a proportion of them - almost three years after the brokerages collapsed.
However, a small group of Forluxe investors will remain empty-handed after a High Court ruling which will enter the history books as the first of its kind in the SAR.
The collapse of the brokerages during the Asian financial crisis left liquidators with no choice but to seek court assistance on how to allocate the shares amid hefty shortfalls.
CA Pacific was HK$500 million short when it went under in January 1998.
When Forluxe collapsed a few months later, liquidators were faced with claims to the value of HK$64 million worth of shares - with only HK$16 million on hand.
Just 250 lines of stock were fully available to CA Pacific clients and these will be handed back.