Recently, South China International Arbitration Center (HK) (SCIAHK) has accepted and concluded an arbitration case involving a Hong Kong-funded enterprise with Hong Kong as the arbitration seat. This case is notable as the first instance of a "HK-Invested Enterprises Choosing Hong Kong SAR as the Seat of Arbitration" according to the Opinions on Fully Leveraging the Functions of Arbitration to Serve the High-Quality Development of the Guangdong-Hong Kong-Macao Greater Bay Area issued by the Supreme People's Court and the Ministry of Justice on February 10, 2025.
In 2019, with approval from the Hong Kong and Macao Affairs Office of the State Council, the SCIAHK was established in Hong Kong SAR by the SCIA. It is the first independent arbitration institution set up by a Chinese mainland entity outside the mainland jurisdiction. Since then, SCIAHK has handled 54 arbitration cases, with the disputed amounts explicitly exceeding 2.77 billion yuan. In this inaugural case administered by SCIAHK, the dispute arose between two Chinese mainland firms, one of whom was a Hong Kong funded entity. The arbitration seat was Hong Kong SAR, but the hearing took place in Shenzhen. Arbitrators were chosen from the panels of the "two cities, two arbitration institutions and two jurisdictions (SCIA and SCIAHK)". The applicable law for the case is Chinese law. This case demonstrates the advantages of the "Six Duals" differentiated institutional arrangement between the SCIA and the SCIAHK –"Dual Cities, Dual Institutions, Dual Arbitrator Panels, Two Jurisdictions, Two Legal Systems, Two sets of Rules"–in helping Chinese and overseas parties resolve cross-border disputes within the GBA.